How much is gold worth right now? Im selling gold, diamond, gem jewelry on ebay & curious?

Im selling a lot of diamond, gem gold jewelry on Ebay %26amp; noticed that alot of people are buying scrap gold to melt down I take it?? The jewelry Im selling has diamonds %26amp; gemstones in it, how much is gold worth right now %26amp; if they are melting the gold down, can they do that with the diamonds %26amp; gems in it?? Im just curious if anyone has additional info on this, thanks! How much is gold worth right now? Im selling gold, diamond, gem jewelry on ebay %26amp; curious?
Gold is currently trading at $805.25 per oz.
Gold prices are fairly high, don't know the exact price, but when you sell jewelry to refiners you typically get a spot price, which is about 70% of the actual metal price. If you're interested in sell off scrap gold and jewelry without the hassle of ebay check out http://www.goldintomoney.comHow much is gold worth right now? Im selling gold, diamond, gem jewelry on ebay %26amp; curious?
Gold prices vary rapidly, so it's best to check before you post something on E-bay. As I post this, gold is $797.50 / troy ounce.



http://www.kitco.com



Gold prices are for pure 24K gold, so derate for anything less.



Prices are quoted in $US / troy ounce. There are 31.1 grams in a troy ounce.



The melting point of gold is quite high, 1947F, so I would recommend removing stones before refining. It is relatively easy to get the gemstones out if you don't mind damaging the piece.



Grandpa
The prices you have been given so far are for bullion, not scrap. Scrap is generally processed by dealers and turned back into bullion, so they pay slightly less than bullion price to cover the costs and make a bit of profit.



Heres the latest prices from http://www.hattongardenmetals.com



Prices / gram



9ct - 拢 5.03



14ct - 拢 7.83



18ct - 拢 10.06



22ct - 拢 12.30



24ct - 拢 13.42











How much is gold worth right now? Im selling gold, diamond, gem jewelry on ebay %26amp; curious?
Gold is currently trading at slightlg over $800 per oz.
around $800 the ounce
From the question that you ask I would say you have very little experience in the gold selling business.



If you were a genuine merchant you would already know to the cent how much gold is worth , in its pure form and also in its manufactured form, as well as the particular scrap value for each of the carat standards.

Sure there are people buying gold for melting down, but that is only if there are people who have not put sufficient reserves on the items to cover the true value of the gold, ( I have bought gold many times on ebay)( I very rarely sell gold on ebay , because the bidders seem reluctant to pay even scrap gold prices ) As for finished items with gemstones if you are selling near scrap prices of the gold and not allowing for gem value and manufacturing cost you will go quickly broke, unless you have more money than sence, or the items you are selling are fake or stolen and you are happy to get what ever you can for the items.

As other answers have suggested, if you are melting jewelery down , TAKE OUT THE STONES, you will probably get more for the stones if they are diamonds ,rubies ,sapphires and other precious gems than you would get for the gold.

if you do not care about the stones of course you can melt the gold with stones in it as they will float off the molten gold and mix with the rest of the dross( non metalic scum )

Warning!!!! Make sure there is NO, (0.00%),Lead in the melt mix or your gold will be unworkable as it will be very cracky when you work with it.

But if your jewellery is gem set, then you should be getting more than scrap value, but to get it on eBay I wish you luck.