My Gold Jewellery - Is It Worth More Today?

As I write gold is worth about $630 US an ounce. Since August 2005 the price of gold has risen from

$447 US which represents a whopping 43% increase.

So yes, your jewellery must be worth a little more if it is made of gold. Silver too has increased a good

deal.

However, don't forget that the gold in your jewellery is made from an alloy of gold. That means that

other, usually less costly metals, are mixed in with the pure gold to make its carat.

Chinese people like to buy jewellery made from 24 carat gold and some folks from the Arabic

counties prefer 22 carat gold, but the rest of the world likes 9 carat which is the most used in Australia

and a good deal in England, 14 carat and 18 carat which is used in the USA and Europe.

Let's have a look at the factors that are important to the price of your jewellery. If your gold jewellery

is made from nine carat yellow gold then it only has 37.5 percent gold in it, if it is 14 carat then it only

has 58.5 percent real gold in it.

Now understand that an average ladies ring might have 2.5 grams of gold in it and at current retail

rates that gold content might be worth say, $30 per gram. So if gold went up a further 50% then the

gold in your ring won't go up 50% because it is an alloy and not pure gold, and there is only a small

bit of gold in the ring so your $600 ring might be worth another $30 or so.

Jewellery is priced on not just the cost of the gold content and the cost of even the precious stones

but also the difficulty to manufacture it, and the design and the brand name of the manufacturer. Click Here to Shop Amazing Designer Handmade Earrings