Money · Gold
Estimate gold value
Separate metal value, purity, making charges and resale deductions.
6 min read · General educational guidance
- Record net gold weight and purity, excluding stones or non-gold parts where possible.
- Convert purity to a fine-gold proportion and apply the current price for the matching unit.
- Keep purchase making charges and likely resale deductions separate from raw metal value.
Practical example
For a 22-karat item, identify the net gold weight after excluding stones, convert purity to the fine-gold proportion, apply a current market reference and keep making charges and dealer deductions separate.
Common mistakes to avoid
- Applying the pure-gold price to the full jewellery weight.
- Counting stones and non-gold parts as gold.
- Expecting purchase making charges to be recovered at resale.
Trusted sources and next reading
NUNX provides general educational information, not personalized financial, tax or investment advice.