.444 Marlin
Well-Known Member
Ive got back into gold prospecting again and was wondering what gold is sellin for per ounce nowdays?
What is gold selling for now days?
- Thread starter .444 Marlin
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Chris Tripp
Well-Known Member
it tells on the stock quotes page in the Tennesseean business section
Crow Terminator
Well-Known Member
Dealing in gold jewelry is different than dealing with pure gold. The gold found in jewelry is melted/bonded with other metals to make it stronger. So just because it may say 10 or 14k doesn't mean it is entirely pure gold. That's why they only give you so much a gram for it. The refinerys have to melt and separate the metals to get the gold out of it.
Raw gold like you find prospecting is at a much higher value anyway. It comes out of the ground around 22 to 24 karats and really doesn't have any impurities. Gold prices are up there right now but just hold onto it. The buzz in the prospecting world is that it will be over $1,100 an ounce. When I first got into prospecting last year it was just $600 an ounce.
Raw gold like you find prospecting is at a much higher value anyway. It comes out of the ground around 22 to 24 karats and really doesn't have any impurities. Gold prices are up there right now but just hold onto it. The buzz in the prospecting world is that it will be over $1,100 an ounce. When I first got into prospecting last year it was just $600 an ounce.
LA man
Well-Known Member
have gold pan will travel, i need to go with somebody and do a little panning, i never done it before and would like to try it.
Crow Terminator
Well-Known Member
Do a search on gold refineries. There are several out there that will pay current market price via weight of what you have. I'm waiting on my full ounce. Last time I weighed I was 72 grains from having a full ounce but I've been a time or two since then. Not really got anything bigger than a apple seed but it all starts adding up.
