Today's gold price is best suited for benchmarking. Whether you're looking at gold jewelry, gold bars, gold coins, 18-carat embossed jewellery, or ready to sell old gold, the first step is to convert the weight to grams and confirm purity. Cash is close to 999, 18k for 750, 14k for 585, 10k for 417。
Domestic gold purchases often come up against two price logics: a gram processing fee and a lump price. It is easier to judge metal costs per gram of gold for g-weight commodities; a single commodity may include a design, process, brand and channel premium, which is usually recovered back to the gram and gold content。
When selling gold, do not read only the total price reported by the other party. This page is used to estimate the approximate smelt value before asking for the recovery price per gram, whether the loss was withheld, how the gold was tested, and whether the precious stones or non-gold accessories were deducted. By dividing the offer by the theoretical smelting price, the ratio of payment by the counterparty is broadly apparent。
Distinction between cash, k gold and recycling prices
Sufficient gold is usually closer to pure gold prices and is suitable for estimation directly per gram. K gold needs to be multiplied by purity because it contains other alloys. For example, 18k is about 75% and 14k is about 58. 3%. The gold recovery price is usually lower than the spot reference price, as the recycler also bears the costs of detection, smelting, price volatility and operating costs。
Why is the price of the same day different
Retail prices in gold stores, banknote prices, international spot prices, recycling prices and brand counter prices are not the same concepts. The prices on the page are closer to the metal value reference and are suitable for a comparison; in particular, they are subject to bookings, work fees, trade differentials and repurchase rules。
