The value of gold is based on several key factors:

1. Gold Spot Price

• The current market price of gold per ounce, which fluctuates daily based on supply, demand, and economic factors.

• Prices are set in major financial markets and updated in real-time.

1. Weight of Your Gold

• Measured in grams, ounces, or pennyweights (1 pennyweight = 1.555 grams).

• The higher the weight, the higher the value.

1. Purity & Gold Content

• The actual gold content in your item determines its worth.

• Example: If a 10-gram piece is 18K gold, only 75% (or 7.5 grams) is pure gold.

1. Condition & Form

• Scrap gold is valued solely for its gold content.

• Gold jewelry may carry added value based on brand, craftsmanship, or rarity.

1. Market Demand

• When demand for gold is high (economic uncertainty, inflation), prices tend to rise.

• Supply constraints also influence gold’s price.

Maximizing Your Gold’s Value

• Stay Updated on Prices – Check live gold prices before selling.

• Know Your Karats

• Weigh Your gold

• Choose a Reputable Buyer – Work with a trusted gold dealer like Cash 4 Your Gold USA, offering free insured shipping and competitive payouts.