One of the most common questions people ask before selling their gold is simply: how much is it actually worth? The answer depends on two key factors - the weight of your gold and its purity (measured in carats). Understanding these basics can help you feel confident that you're getting a fair deal when you sell.
Understanding gold carats
Gold purity is measured in carats (ct). Pure gold is 24ct, but because pure gold is very soft, most jewellery is made from gold mixed with other metals for durability. The most common purities in UK jewellery are 9ct (37.5% gold), 14ct (58.5% gold), 18ct (75% gold), and 22ct (91.7% gold). The higher the carat, the more gold content the item has, and the more it's worth per gram. A hallmark stamped on your jewellery usually indicates its carat - look for numbers like 375, 585, 750, or 916.
How weight affects value
Gold is valued by weight, typically measured in grams. Even items that seem small or light can add up to a meaningful amount. A standard 9ct gold wedding band might weigh 3-5 grams, while a heavier chain could weigh 20 grams or more. At current market prices, even a few grams of 9ct gold can be worth a surprising amount, and higher-carat items are worth proportionally more. This is why it's always worth getting a professional valuation rather than guessing.
Condition doesn't matter for scrap value
A common misconception is that broken, damaged, or worn-out jewellery isn't worth anything. In reality, gold buyers value items based on their metal content, not their condition or appearance. A snapped chain, a ring with a missing stone, or a battered old bangle all contain the same amount of gold as when they were new. This means items you might have written off as worthless could still have significant value.
Getting an accurate valuation
The most reliable way to find out what your gold is worth is to have it professionally tested and weighed. At The Gold Company, we use XRF (X-Ray Fluorescence) technology to determine the exact metal content of each item without damaging it. Combined with calibrated scales and live market rates, this ensures an accurate, transparent valuation. You'll know exactly what each item is worth and why.
The only way to know for certain what your gold is worth is to have it professionally valued. Request a free valuation pack from The Gold Company and we'll test, weigh, and value every item - with absolutely no obligation to sell.
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