In the jewellery industry, white gold versus rose gold is a topic of frequent discussion. For marriage rings, for example, many people like the timeless appearance of white gold, but for fashion items, they adore the romantic tones of rose gold. You might be wondering if you can sell any rose or white gold pieces you don’t wear in order to make a little additional cash.
In case you are planning to sell gold jewellery Adelaide, you must be aware of the distinctions between rose and white gold. The amount of gold in each piece and its weight in troy ounces will determine how much money you can earn for your items.
How does White Gold work?
White gold is made by combining various ratios of precious metals to produce the desired end result. It has a silvery tint due to the presence of pure gold mixed with other white metals like silver, palladium and nickel.
Depending on the karat, white gold normally includes between 58.30% and 75% gold. Because of its composition, it is strong and resistant to scratches, which makes it perfect for delicate jewellery like bracelets, necklaces, engagement and wedding bands.
Rose gold: what is it?
An alloy of pure gold, silver, and copper is called rose gold. Its distinct combination sets it apart from conventional yellow and white gold with its distinctive pinkish-red color. Rose gold typically has a composition of roughly 22.2% copper and between 58.30% and 75% gold.
Rose gold is valued for its robustness as well as its alluring appearance in jewellery. It is valued in the creation of a wide range of products, including bold necklaces and delicate rings. Its warm undertones provide a harmonious fusion of tradition, beauty, and tenacity, complementing both modern and vintage designs.
Rose gold versus white gold in terms of value
The values of white gold and rose gold are mostly determined by the amount of gold they contain, market prices, and any other metals that are present in the alloy. The weight of these metals in troy ounces, the unit of measurement that is commonly employed to calculate the value of precious metals, also affects its variation.
You would like to sell gold jewellery Adelaide like an engagement ring, which is made of 18K white gold. When you take it to your neighborhood precious metals shop, they weigh it and find that it is 5 grams in weight with 75% gold and 25% palladium.
This indicates that there would be roughly 3.75 grams of gold and 1.25 grams of palladium in your ring. To find the market value, the dealer converts these grams to troy ounces. Because a troy ounce contains around 31.1035 grams, your ring contains.1206 troy-ounces of gold and.0402 troy-ounces of palladium.
The gold in the ring will be is valued at roughly $232.34 and the palladium at about $48.94 based on current market prices, which place gold at $1,926.55 per troy ounce and palladium at $1,217.49. Your engagement ring now has a total metal worth of about $281.28.
If you approach the sale intelligently, selling your white or rose gold jewellery might be a great opportunity to get some quick cash. Dealers in precious metals can give you a reasonable price for your jewellery, but in order to negotiate the best price, you must be ready.