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Q&A for How to Price a Gold Chain by the Gram
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QuestionHow can you tell if a gold chain is real gold?Kennon Young is a Master Gemologist Appraiser and the Owner of Vermont Gemological Laboratory in Burlington, Vermont. With over 20 years of experience in the industry, Kennon and his team specialize in handmade engagement rings, wedding bands, and custom jewelry. He attended the Revere Academy of Jewelry Arts, the Gemological Institute of America, and the Rhode Island School of Design Extension. He is a Jewelers of America (JA) Certified Bench Jeweler Technician and received the highest credential in the jewelry appraisal industry, the ASA Master Gemologist Appraiser, in 2016.Well, you would have to test it in a scientific way — in other words, acid testing, electronic testing or laser testing. There's no way to tell if it's real just by looking at a stamp, at its color or even specific gravity.
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QuestionWhat is the difference between an ounce and a gram?Community AnswerGram and ounce are measuring units of weight. Ounce is the imperial unit of weight, and is used in the US, UK, and a few other countries. On the other hand, gram is the metric unit of weight, and is commonly in use all over the world.
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QuestionHow can I test if gold is real or not?Community AnswerTo check if gold is real, make a tiny scratch on the item using a small nail file. Choose a spot that is not noticeable if possible. Use a dropper to apply a small drop of nitric acid to the scratch. If there is no reaction, then the piece is probably made from real gold.
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QuestionWhat is the average weight of a 17 inch gold chain?Community AnswerThere is no such thing as an "average weight" for a chain.The width determines the weight. For example, an 8 mm width would weigh more than a 2 mm. Also, a lobster claw closure would add more weight than a spring ring.
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QuestionHow do I find the price of gold?Community AnswerYou can always check the stock market. Nasdaq.com is great. Just type the precious metal you’d like the current value of into the site's search box.
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QuestionHow do I find the cost of gold?DonaganTop AnswererThere are several websites that post the current spot price of gold bullion, including MoneyMetals.com and Kitco.com.
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