Fashion & Apparel

# What is the going rate for 18K white gold per gram ?

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• Feb 10th, 2009 5:19 am
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[OP]
Feb 7, 2005
2885 posts

## What is the going rate for 18K white gold per gram ?

What is the going rate for 18K white gold per gram ?
3 replies
Member
Apr 30, 2008
426 posts
Toronto
It depends who you ask.

If you calculate based on the going price of gold, which is ~900 USD per ounce today, then it's ~ 30 Canadian dollars per gram (75% purity, exchange rate ~1.25 CDN = 1 USD, 28.3 g = 1 ounce).

This number is meaningless without a context. If you want to sell some old gold jewellery as scrap, the value can be about half that (~\$15/gram), but if you are buying something that's made out of 18K gold you will have to pay much more than \$30/gram. Whether gold is white or yellow really does not make a difference.
[OP]
Feb 7, 2005
2885 posts
dog_mumu wrote:
Feb 9th, 2009 3:34 pm
It depends who you ask.

If you calculate based on the going price of gold, which is ~900 USD per ounce today, then it's ~ 30 Canadian dollars per gram (75% purity, exchange rate ~1.25 CDN = 1 USD, 28.3 g = 1 ounce).

This number is meaningless without a context. If you want to sell some old gold jewellery as scrap, the value can be about half that (~\$15/gram), but if you are buying something that's made out of 18K gold you will have to pay much more than \$30/gram. Whether gold is white or yellow really does not make a difference.
I want to buy a gold necklace .The asking price is \$1500 it`s 30 grams.
Member
Apr 30, 2008
426 posts