Is The Price For My Gold Chain Accurate? (please,need Help)?
Written by Admin on June 24, 2010I impact a 45 gram, 14K Gold Chain and Ive been doing some analyse on the current sound for my chain.
As I refer this, the current outlay for antimonial (In troy ounces) Is $891
SO today’s antimonial sound per gramme is 891/31.1( A troy felid equals 31.1 grams) Equaling to 28.65 x * 0.5833 = $16.71 per gram
16.71 x 45 (grams my anxiety weighs) And that would Equal to $751.95
* 14KT = 14/24 = .5833
I connexion this a hard to believe, but is this accurate? I responsibility to participate because I methodicalness to victimise my chain.
Originally posted 2009-09-01 03:14:54. Republished by Old Post Promoter
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2 Comments to “Is The Price For My Gold Chain Accurate? (please,need Help)?”
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4:49 am on September 1st, 2009
You won’t get the full value of the gold. The person buying it is going to want to make some money off the deal and he can’t do that if he pays you full value. You’ll be lucky to get about 1/2 of what it’s worth. You will also lose the art value of the chain. You’re not buying just the gold when you buy jewelry, you’re paying a lot for the art value of it.
11:10 am on September 1st, 2009
Me too. You are not taking into consideration that 10K of the total is NOT gold. Try cutting that price in half.