CALCULATE HOW MUCH YOUR GOLD IS WORTH

Check charts on a Web site like Kitco.com to find the current price of pure,24-karat gold. The price is quoted for one troy ounce,which equals 31.1 grams. Lets say the price of gold is $950 per troy ounce,or $30.55 per gram. To find the percentage purity of your gold,take the number of karats and divide by 24. For example two gold items are 14-karat gold. If we divide that by 24,we find that the gold is 58.3 percent pure use the weight of your item in grams to calculate its market value. At 3.8 grams each, the material in the items would be worth 58.3 percent of 232.18,or about $135. You should expect the buyer to take at least a 30 percent cut of that price to cover their profits and overhead cost.Some might take more,shop around. So are two gold items would be about $94.

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