Question: How Much Is A 10k Gold Ring Worth At A Pawn Shop?

So, if you have a five-gram 10K gold ring, and the current price of gold is $1,600.00 per ounce – or $51.45 per gram ($1,600.00 divided by 31.1 grams), then your 10K gold ring is worth $21.44 per gram ($51.45 x .

4167), or $107.20.

How much is 10k gold worth today?

Today’s Gold Prices

Per Gram
10K$19.27
14K$26.71
18K$34.67

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Can you pawn 10k gold ring?

When you consider this, 10k gold certainly isn’t worthless, and is still of interest to pawn shops. In fact 10k gold is one of the most common purity options in the US, among 14k and 18k. Most pawn shops, Meriden Pawn included, buy 10k gold jewelry.

How much is a oz of 10k gold worth?

The gold in one ounce of 10k gold is 0.41666 ounce (10/24), so at about $1300 per ounce, that’s about 541 bucks. However, there’s that pesky 0.58333 ounces of alloying metal. What is it? If it’s copper (about $2.70 per pound), call it about $1.50.

Does 10k gold have any value?

10K gold is cheaper than higher-karat alloys, as it contains less pure gold. If you calculate a price per ounce or gram for a 10-karat jewelry piece, you will see that it is more affordable than purer alternatives.

How much can you get for a 10k gold ring?

But that’s the pure gold value. To get the value of 10K gold, you have to multiply the price of pure gold by 0.416.

For your convenience, here is the current value of 10K gold:

24K gold market price per gram$47.70
10K gold selling value per gram$17.89
10K gold selling value per dwt.$27.83

How much is 10k gold worth a gram?

All Karats Per Todays Prices USD (gram)

GoldPrice Per GramMarket
10k$20.51USD
9k$18.45USD
8k$16.38USD
7k$14.36USD

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How much is gold worth per gram at a pawn shop?

Pure gold is currently paying about $1250 per ounce. By going through the math, this means that 10 karat gold will “scrap” at about $16.35 per gram. And 14 karat gold will “scrap” at $23.50 per gram.

How much can you pawn a gold ring for?

For example, as of the day of writing this article pawn shops pay around $1250 for an ounce of pure gold. If you have 10k gold jewelry, you can sell it for $16.35 per gram, and 14k gold jewelry can be sold for 423.50 per gram.

How much does a pawn shop pay for silver?

For example, the average closing price of silver is currently $16.40 per ounce. If you have silver that has a high Fineness number (more on that in a bit!), you could fetch $100 or more for an ornament or some silverware. When you sell silver, they may offer you $25-50 more.