
1:04
In this video, Adam Zimmerman explains how the value of gold jewelry depends on both its weight and its karat purity. He clarifies that the market price of $3,340 per ounce refers to 24‑karat (pure) gold, which is 99.9% gold. Most U.S. jewelry is 14‑karat (58.5% gold) or 18‑karat (75% gold), meaning an ounce of such pieces contains less pure gold and is therefore worth less than the quoted ounce price. He contrasts bullion items like Krugerrands or gold ingots, which are priced for the full ounce of pure gold, with jewelry that contains alloy metals. He also notes regional differences: India and sometimes China use 22‑karat or 24‑karat gold, which can affect weight and value. The video ends with a call to subscribe for future content.










