How much is 10k gold worth?

10K gold is worth quite a bit less than higher-karat golds, but it still has some value. It’s made up of 41.7% pure gold and has a value of around $25 per gram, which is certainly not nothing. If you’re interested in selling your jewelry, check out our selling gold article. Does 10 karat gold tarnish?

How much is a 10K gold ring worth?

For a 10k gold ring weighing 5 grams (with about 2 grams of actual gold content), the melt value might be $35-$40 at today‘s prices. In practicality, the pawn shop isn’t going to pay full meltdown value. They factor in operational costs, desired profit margins, and the work involved in reselling or scrapping the gold.

Why is 10k gold cheaper?

10K gold is cheaper due to the lower purity level. It contains 41.7% pure gold, with the other 58.3% made up of a combination of other metals, making it overall cheaper per gram. Is 10K gold a lot of money? 10K gold is fairly affordable, and the cheapest type of gold you’re likely to come across on the jewelry market.