How much money would i get for a gold ring (18k) in euro?

Question

How much money would i get for a gold ring (18k) in euro?

Answer 1

How much does it weigh?   The ring is worth whatever someone will pay you for it, but it will never be worth less than the value of the gold in it.

24K Gold is worth 17191.51EUR per kilo today.

http://www.kitco.com/market/euro_charts....

That would put it at 17.19151EUR / gram.  

Since your ring is 18K (75% gold) multiply the weight of your ring in grams by 0.75, and multiply that by 17.19151.   The result is the value of the gold in your ring.

Of course, a ring is not a lump of gold, it is a work of art.   The gold has a certain value, the art is extra.

Get whatever you can for it, but not less than the value of the gold.

Grandpa