How Much Do Pawn Shops Pay for Gold?

One of the most common questions we get is how much is used gold worth or how much do we pay for gold. This depends on what the current market value of gold is, but most places will pay slightly below market value based on the weight and karat of the piece.

In this video we weigh and price a 14k gold ring.

Gold testing supplies we use:
Testing magnet: https://amzn.to/2MJwBLl
Acid test kit: https://amzn.to/2ZzvEap
Kee Gold Tester: https://amzn.to/2ZDaEn2

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