Gold

  Do you have a collection of forgotten gold jewelry tucked away in a drawer? Maybe an old chain inherited from grandparents, or a pair of earrings you haven’t worn in years. But have you ever wondered what is your old gold actually worth? Do not worry! Unraveling the value of your precious metal isn’t as difficult as it might seem. In this blog, we’ll decode the factors that influence your old gold price, empowering you to make informed decisions. Table of Contents: Karat Confusion Cracked Weight of the Gold Market Magic: The Ever-Shifting Price Beyond the Basics: Additional Value Boosters Karat Confusion Cracked First things first, karat matters. This number, often stamped on your jewelry, indicates the purity of the gold. Most people are confused about the karat and the percentage of the actual gold present in their jewelry. 24 karat gold is pure, you cannot use pure gold jewelry or an ornament for dailywear. For everyday wear, alloys are mixed in, reducing the karat (and price)...