Gold can be a volatile metal. Not in the chemical sense, it’s actually one of the least reactive chemical elements and is solid under standard conditions. When we say gold is volatile, we are talking about the price of gold, which can rise to great heights or take exhilarating nosedives depending on a number of different factors. Despite the fact
Did Your Goose Lay a Golden Egg? How Much is it Worth? People associate gold with value. It’s been that way for a long time, and the tradition has continued even after the US dollar long abandoned being backed by the gold standard in 1971. The bible discusses silver and gold as the first and oldest form of money. It’s
You’ve probably heard about 24k gold, but what exactly does it mean? And how is it different from 22k, 18k, 14k, 12k, and 10k gold? In this post, we’ll discuss different purities of gold, how they’re measured, what they’re worth, and what purity of gold is used in different circumstances.
Cryptocurrencies are all the rage now. They’ve got over 900 of them, with a whole bunch of fancy names running from the famous Bitcoin to Ethereum. And with each variation, you’ve got people swearing they’re the best thing since sliced bread. At the same time, we’ll forgive you for not knowing the difference between your Gridcoin from your Monero –
Do you have unwanted or broken jewelry just lying around and doing nothing for you? Selling your gold could be the solution. However, many people who decide to sell their gold for cash struggle not only with whether or not to part themselves with their gold, but who they should sell it to.
It’s impossible to put a price on the accolades and prestige that come with winning Olympic Gold. However, we put prices on gold for a living, so we wanted to take a look at the value of the medal itself. Just how much could you get for a Gold Medal if you had one and decided to sell it? Let’s
Calculating the Value of Scrap Gold The price of scrap gold – or most gold, really – is calculated with three primary metrics: the price of gold, the weight of your gold, and the purity of your gold. By combining these three factors, jewelers can calculate the value of your gold by determining the quantity of pure gold that would