Quotation of used 750 carat gold today: price per carat and gram

Knowing the price of used 750 carat gold is useful if you want to buy or sell this precious metal. In fact, today the price of gold has undergone a phase of contraction with a value that has fallen in the last few days by about 5.6%, settling at € 1,671 and arousing the interest of investors.

However, it is considered as the safe haven against inflation par excellence, given that, if we calculate its trend since the beginning of 2022, it has been stable, totaling a growth of 2.5% over the last five years.

If this definition can apply to the investment of gold futures and to the real new one , can it also apply to the one used? Find out what the current price of 750 gold is and if it is worth investing.

750 carat gold used today

Type of gold	Carat	Thousandths	Percentage gold	Relieved
New, for investment	24	999.99	100%	Not present
Investment gold	22	916.67	91.6%	9.4%
Investment gold	20	833.33	83.3%	16.7%
Used, used for jewelry	18	750	75%	25%
Used	14	585	58.5%	41.5%
Used for industry	9	375	37.5%	52.5%

When referring to the price of gold , a distinction must be made between:

new gold;
gold used.

In fact, this pure precious metal is extremely malleable. For this it is combined with other metals , such as silver , copper , cobalt and palladium , creating alloys in order to make it stable and transform it into ingots, coins, or jewelry.

The unit of measurement used is the carat (k) , also expressed in thousandths or percentages. So based on the purity of the gold we will start from 24 carats , equivalent to an alloy that contains 999.9 thousandths of gold or 100%, up to the lowest value of 9k, in which the thousandths of the metal are 375, equal to 37.5%.

Among the most widely used alloys of this noble metal is 18k gold - commonly known as gold used 750 , as it contains 25% different metals and 75% pure gold. This combination makes it very useful for creating goldsmith items such as jewelry.

How to calculate the price of used 18k gold

If you want to know the price of 750 carat gold used, you will have to start from the value of the new one, which is around € 1,671.

Pricing is set at the Bullion Market Association in London , twice a day. The value is calculated in troy ounces, also known by the symbol oz , a unit of measurement born around the 16th century to calculate the weight of metals such as gold and silver.

Today one troy ounce is equivalent to 31.1 kg . Also read our guide on how many grams are an ounce of gold .

So, if you want to calculate the price of gold used 750 , a simple mathematical formula will suffice:

new gold value - (25/100)

Applying the formula you will have: 1.671-0.25 = 1.253.25 € . This is the value of the 750-karat physical gold used. The quote, however, is indicative, since, when referring to 18k gold, you must consider a lower price than the one indicated.

In fact, this type of precious metal is not used for investment ingots and coins, but in jewelery. Therefore its value is strictly connected to a series of factors related to the type of gold object.

For example, the price may vary based on the setting, the state of a jewel and the presence of precious stones. It will be the reference Compro Oro or the specialized jeweler to evaluate the quotation from time to time. Finally, you must consider that each broker will also apply a sales commission , which can vary from one Gold Buyer to another.

Price used 750 carat gold per gram today

Now that you know what 750 carat gold is worth per ounce, it can be useful to calculate its value per gram and per kg .

To make this conversion, the first method is to divide the price of the gold used by 31.1 grams. So, starting from the value of € 1,253.25, you will get that one gram of gold corresponds to about € 40.29 .

The other solution is to take the value of a gram of new gold directly as a reference point and subtract the thousandths foreseen for that 750. Today new gold at 24K has a value of € 53.6 per gram .

So the one used will be:

53.7 – (25/100)= 40.29€

Finally, starting from this value you can also find the price per kg , multiplying the total obtained by 1,000. So the new gold will be worth around € 53,600 per kg , while the used one at 750 is worth around € 40,290.

We specify that, while investment bars have a standardized weight from 1 gram up to 12.5 kg, when it comes to used gold there can also be a price variation on the weight.

How to invest in used 750 carat gold

To invest in new gold, you have two options:

trade on publicly traded gold futures;
buy physical bars or coins.

In the first case you have to rely on one of the best online trading brokers through which you will have all the tools to operate on precious metals using CFD trading , or by buying investment funds such as ETFs .

In the second case you have to turn to specialized platforms, which have the function of intermediaries, through which you can buy and sell physical gold. You will have the advantage of operating online and keeping the gold safe in special vaulted rooms connected to the platform, from which you can withdraw it at any time to monetize your earnings.

On the other hand, if you want to invest in used gold , the tools are different. In fact, there is no future on 750 carat gold, or a fixed price on the stock exchange, but you will have to contact an intermediary such as a Compro Oro present in the area, or an authorized jewelry store .

These businesses offer you the opportunity to directly sell and buy used gold. In order to avoid any scams, you must be careful that they are certified assets and that they have the authorizations to sell or buy gold , or other valuable assets such as diamonds .

In this perspective, before making a sale in gold or a purchase of it, it becomes useful to apply the formulas that we have indicated to you in order to have a benchmark on the 18K gold price .

How is gold used 750 today

Type of gold 750	25% relief
White	Nickel and silver
Yellow	12% silver, 13% copper
Rosa	5% silver, 20% copper
Red	4.5% silver, 20.5% copper
Blu	25% palladio
Green	12.5% copper, 12.5% silver
Black	25% cobalt

Thanks to the particular malleability of the 750 carat gold used, it is used for the realization of:

rings;
watches;
necklaces;
bracelets;
earrings;
art objects;
articoli in design;
industry components.

In particular, the largest percentage is strictly connected to goldsmithing . This is possible thanks to the type of alloy used which allows to give different faces to the 750 carat gold used. In fact, based on the type of alloy used, there will be a goldsmith object with different characteristics .

For example, if you combine silver and nickel you will get white gold , while if 25% of the alloy is composed of the same percentage of copper and silver, it will create yellow gold . Finally, the type of metal used will also affect the final price of the object.

Is it worth investing in the 750 used gold price?

The answer to this question is not straightforward, as the used gold market has many variables compared to that of physical gold and futures on the stock exchange. In any case, its price is directly proportional to that of 24K gold .

Therefore it may be useful to take as a reference the trend to date and any forecasts in the medium and long term. In fact, in the last 5 years there has been an average growth of 2.5% in new gold with a price that reached, at the beginning of 2022, € 2,000 per troy ounce.

A factor that underlined the role of gold as a safe haven asset . However, in recent months, the price has suffered a loss of around 16.5%, mainly due to the search by investors for liquidity.

Another aspect to consider is the strengthening of the dollar currency , which in recent days has overtaken gold in terms of trading, a sign of how investors are looking for liquid and at the same time profitable financial instruments.

Finally, you need to evaluate the forecasts of the gold price in the medium and long term. As indicated by the investment bank Goldman Sachs , the gold target price for 2022 was set at € 2,500. An indicative value of how there is high investor confidence on its future growth and, consequently, on an increase in the price of 750 carat gold used.

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SEPUTAR TEKNOLOGI