Alex321
Guru
- Location
- South Wales
My question is about the value of gold at current scrap prices, bearing in mind those prices change hourly though not too rapidly. If you were to buy an 18 carat gold item weighing 19.02 grams for £1,099 and the price of 18 carat scrap gold as I post is £34.59, would it be better to buy the 18 carat gold item rather than a 9 carat gold item weighing 54.44 grams for £1,999.00 with the current price of 9 carat scrap gold at £17.08? 🤔 I'm 99 percent sure 18 carat would give a better scrap price, but I would like to know the difference percentage etc wise. I think @Alex321 might know the answer as he seems quite clued up about these things.
I'd use a calculator for that. I'm sure you can do that yourself