Silver Values 2008 October

How Much Is Gold Jewelry Worth In Bullion?

Gold Jewelry Purity Calculations

We have seen a lot of talk about finding inexpensive gold jewelry to sell as “scrap gold”. And of course, we have also heard from people who are intereseted in selling their scrap gold for cash, and want to use the spot gold price as some indication of the value of their jewelry. The K or Karat system may seem confusing, but it is actually fairly simple, so let us give you a quick explanation of the value of gold jewelry as expressed in the spot price of gold.

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What is up with EBay Precious Metals (Gold, Silver, Platinum, & Palladium) Premiums Anyway?

Why Do PMs Cost So Much More Than Spot?

I have seen this question all over the internet: Just why are the prices for precious metal bullion so much higher than the spot price? When the silver metal, palladium, cannot move over $200 an ounce, palladium bullion coins on EBay reflect twice that price. And you would be lucky to find platinum bullion for less than a 30% markup, and it is not uncommon to see a 100% markup. But even the more common staple PMs like gold and silver do not seem to reflect the spot prices in their sales or Buy it Now prices on the most popular online auction: EBay.

This is a preview of What is up with EBay Precious Metals (Gold, Silver, Platinum, & Palladium) Premiums Anyway?. Read the full post (535 words, estimated 2:08 mins reading time)