What is the going rate for 18K white gold per gram ?
What is the going rate for 18K white gold per gram ?
Feb 9th, 2009 3:10 pm
Feb 9th, 2009 3:34 pm
Feb 9th, 2009 5:05 pm
I want to buy a gold necklace .The asking price is $1500 it`s 30 grams.dog_mumu wrote: ↑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.
Feb 10th, 2009 5:19 am
The price of finished jewellery depends heavily on the design, since you are paying not just for the gold but also for the labour. Whether you are getting a good deal on that necklace or not depends on how much similar necklaces cost from other jewellers and how much you actually like its design.
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