I have a 28K gold ring with a huge amber rock, I am unsure of the weight. What is the price of gold in Canada? Where would you reccomend I attempt to sell the ring?
the stamp reads ‘28k’
The cost of platinum is about the same as gold (06 Oct 08) but when we asked how much it was to have a ring made in platinum, it was twice the price of the same ring in gold.
Any body got any idea why this could be? is the jewelry marked lagging behind the raw material cost by 3 months or are they trying to rip us off?
Thanks for the answers so far. I know there are differences in quality between platinum and gold and platinum is perceived as “better”. But if the raw material cost is the same why is the final product so much more expensive when it’s made in platinum?
silverclk,
thanks for the detail. just to clarify, are you saying the troy ouch is different for each material?
It’s just that according to.
http://www.metalmarkets.org.uk/metals/platinum/
PL is 960 and gold is 860?