How to Calculate the Real Value of Your Gold Jewelry at Today’s Prices

Most people don’t know the real worth of their gold jewelry — especially during a historic price surge like the $4,379.13/oz record in Oct 2025. This blog teaches you exactly how gold value is calculated so you can walk into a gold buyer with confidence.

1. Understanding Karats: The Foundation of Value

Karat = purity.
Here’s the pure gold percentage in each type:

• 24K – 99.9%

• 22K – 91.6%

• 18K – 75%

• 14K – 58.5%

• 10K – 41.7%

These percentages determine how much actual gold is inside your jewelry.

2. How to Convert Grams to Troy Ounces

Gold is measured in troy ounces, NOT standard ounces.

1 troy ounce = 31.103 grams

This conversion is key to understanding the real value.

3. How Buyers Calculate Your Gold's Value

Step 1: Test the purity (XRF testing)

Professional testing = no guessing.

Step 2: Weigh the item

Precise gram measurements only.

Step 3: Apply today’s gold price

Using the market price — especially if gold is above $4,000/oz — drastically changes value.

4. Real Example Calculation

Let’s take a 14K gold chain weighing 20 grams.

1. 14K purity = 58.5% gold

2. 20g × 0.585 = 11.7g of pure gold

3. Convert 11.7g → troy ounces:
   11.7 ÷ 31.103 = 0.376 oz

4. Multiply by spot price
   0.376 × $4,379.13 = $1,646.54

And this is just ONE chain.

5. What About Stones or Non-Gold Components?

Professional buyers will:

• Remove or exclude stones

• Only calculate the gold content

• Return stones if you want them

6. Why Not All Buyers Pay the Same

Pawn shops: lowest payouts
Jewelry stores: inconsistent
Mail-in services: risky

Professional gold buyers (like us):
✔ XRF testing
✔ Market-based payouts
✔ Transparent calculations

📞 Call us today to get LIVE pricing on your Gold and Silver!

Conclusion

Once you understand purity, weight, and today’s gold price, you gain complete control over your selling experience. With gold at historic highs, your jewelry may be worth far more than you ever imagined.