Buying a 100 gram 10 or 14 k chain at the current market prices is just a waste of money unless you really got it like that
The only type of gold to hold that price at a high gram weight is bullion gold 20k gold or up That includes Platinum
The only worthwhile value on a 100 gram or more chain either 10 or 14 karat is if the price of gold goes up to $2000 an ounce or If you got that same chain 15 to 20 years ago
At $30.00 a gram that's $3000.00 for a 14 k chain if you can get that price
If you sell that same chain today with current prices you would be doing good getting $20.00 back if you sell it but still talking a major loss
Don't forget a jeweler or a pawn shop will not give you the scrap value price they want to pay less as possible
Know the gold price when buying or selling to get the best deal
Higher gold content will give your more of your money back if you sell it for cash or trade it in for something else
Diamonds I know nothing about gold I learned a lot in the past year and already had some knowledge on how the gold retail jewelry market works
Just wanted to make sure it’s not some fugazi website using their name...
