Silver Values

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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We can find several sources of real jewelry at discounted prices online. Jewelry stores mark up items at an incredible rate. This becomes obvious if you ever try to resell old jewelry. At online markets you can find new jewelry without the high overheads you might find at a local high end retailer. So if you appreciate fine jewelry, but don’t want to pay more just for bragging rights, an online jewelry discounter is a place to start shopping.

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