Answer
Apr 28, 2025 - 08:19 AM
To determine the value of your gold necklace, you need to consider the current market price of gold, the weight of the necklace, and its karat purity (e.g., 14k, 18k). You can calculate its intrinsic value by multiplying the weight by the purity percentage and the current gold price per unit weight. Additionally, if your necklace has any artistic or brand value, consulting a jeweler for an appraisal might provide a more accurate valuation.