The price of gold is the primary factor in determining the value of a ring. Its value is primarily determined by the weight of the gold itself and the current international gold price. However, unlike 24-karat pure gold, 14-karat gold is only 58.3% gold, with the remainder being an alloy of silver, copper, zinc, and other metals. Therefore, a special formula is required to calculate the gold value.
How to determine the value of a 14k gold ring?
I have a formula,if your 14k gold ring is 3g, 14k gold ring= international gold price*58.3%*3g,if gold price is $108g,14k gold ring price=108*0.583*3=$188 ,if 14k gold ring with natural diamond,lab grown diamond or moissanite, you can add gemstone cost and labor.as a professional jewelry factory,We determine the labor cost based on the complexity of the jewelry design,normally,1g is about $3-7.labor fee is 3g*3=$9,14k gold ring=$188+$9=$198.
On the other hand, Every brand has a brand premium, which is impossible to evaluate.
Generally,gold itself has its own value,so each 14k gold ring has its value,In addition to being suitable for daily wear, a 14k ring also has collection value and heritage, and it will not lose its original price.
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