How Gold Value Is Calculated | Atelier RMR Montreal
How Gold Value Is Calculated
If you are planning to sell gold in Montreal, understanding how gold value is calculated helps you make informed decisions. At Atelier RMR, we evaluate gold according to purity, weight, market conditions, and the overall characteristics of the jewellery.
Gold purity matters
Gold jewellery is commonly found in 10k, 14k, 18k, 22k, and 24k. Higher karat gold contains a greater percentage of pure gold, which directly affects value.
Weight affects value
Gold is weighed precisely in grams. Heavier pieces generally contain more gold and therefore hold greater intrinsic value.
Market price and refining
The global gold market changes daily. Buyers also consider refining costs, testing, and market spread when determining offers.
Jewellery can hold value beyond gold
Some pieces may hold additional value because of gemstones, craftsmanship, designer provenance, or resale potential.