The answer to the question ‘how much is a gold engagement ring worth‘ actually depends on two parts. Firstly, the size and purity of the gold band in question and secondly and rather more importantly, the gemstone that it binds. If the gemstone is diamond which as we all know is a girl’s best friend, the total value of the engagement ring is going to be driven by the diamond and its features i.e. the four C’s of diamond, cut, clarity, color and carat.

Diamond is not always the only choice, and for many people who need to prioritise the fundamentals of life over luxury, gold cubic zirconia engagement rings are a realistic choice as well. In this case, the total value of the engagement ring is going to be less a function of the stone and more a function of the gold band itself.

Note that the discussion in this article about how much a gold ring is worth is valid for any gold rings that contain non-gold parts.

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Note that this calculation is purely for the melt value of the gold content and is a base value that should be taken into consideration if you are planning on selling your gold ring as scrap.

If you feel your gold engagement ring might be worth something and are looking to sell it, click on the ‘Cash in On my Gold‘ link to see how you can easily turn your ring into hard US dollars at a good price.

Figuring Out How Much the Gold Band is Worth

Turning attention to the band now, the first point that people notice is that gold engagement rings are generally either yellow or white in color. In fact some rings make imaginative use of this color variation and feature multiple bands in the different gold hues woven around each other to make rather unique and beautiful pieces. Quite often a third common alloy of gold known as rose gold can also be added to the white and yellow gold spectrum to dream up even more splendid creations that are known as two or three-tone rings.

From an actual value point of view however, the color of the band has no major impact on its worth. An 18kt yellow gold band of equal weight to an 18kt white gold band contains exactly the same amount of gold and therefore is worth exactly the same amount. The value of the remaining 6 karats of ‘impurities’ such as nickel, copper, silver and other such metals is negligable.

Of course this whole discussion is based on the market value of the gold at melt value. If you are looking at the worth of the actual engagement ring itself this becomes a whole new question and is based on current fashion trends, demand and rarity of the jewelry piece in its totality.

Band Purity

So when it comes to the engagement ring band, just like with solid gold bullion, the two factors that matter are weight and purity. As always, the most common purities found in the western world including the US is 18kt gold dropping to 14kt and 10kt. The karatage or millesimal fineness should be printed in somewhere on the ring.

  • How Much is a 9k Gold Engagement Ring Worth

    9 karat is the minimum legal gold purity in countries such as Canada and Britain. To figure out how much a 9k gold engagement ring is worth, enter 9 into the karat field above.

  • How Much is a 10k Gold Engagement Ring Worth

    10 karat is the minimum legal gold purity in countries such as the United States of America. To figure out how much a 10k gold engagement ring is worth, enter 10 into the karat field above.

  • How Much is a 12k Gold Engagement Ring Worth

    12 karat is not a common karatage but nonetheless is available. To figure out how much a 12k gold engagement ring is worth, enter 12 into the karat field above.

  • How Much is a 14k Gold Engagement Ring Worth

    14 karat is the most popular karatage in the US. To figure out how much a 14k gold engagement ring is worth, enter 14 into the karat field above.

  • How Much is a18k Gold Engagement Ring Worth

    18 karat is a common karatage and the minimum legal gold purity in several European countries. To figure out how much a 18k gold engagement ring is worth, enter 18 into the karat field above.

  • How Much is a 20k Gold Engagement Ring Worth

    20 karat is not a common karatage in the west for gold jewelry but nonetheless is available. More expensive due to higher gold content and not as resilient as lower karat purities. To figure out how much a 20k gold engagement ring is worth, enter 20 into the karat field above.

  • How Much is a 22k Gold Engagement Ring Worth

    22k is the highest available purity other than pure solid gold. It is not a common karatage but nonetheless is available. More expensive due to higher gold content and not as resilient as lower karat purities. To figure out how much a 22k gold engagement ring is worth, enter 22 into the karat field above.

Band Weight

Generally weight is not printed on non-bullion jewelry items as this is something that people can measure themselves simply by placing it on a weighing scale. However, the complexity arises when other non-gold items such as the engagement stone itself is attached to the engagement ring. How much of the weight is attributable to the stone and how much to the gold band?

Well, in order to solve this part of the puzzle, you need to know the caratage of the stone. Before we move on, lets just note the difference between karatage and caratage.

Know Your Karats From Your Carats

Karats with a ‘K’ is only used for gold bullion and is a measure of purity.

Carats with a ‘C’ is used for gemstones and is a measure of how much they weigh.

1 carat is denoted as 0.2 grams. Thus, if you have a 1 carat diamond engagement ring that weighs 0.5 grams, 0.2 grams of that is attributable to the stone and 0.3 grams would be attributable to the gold band and this could be highly significant because, as mentioned above, the real kicker when it comes to an engagement ring is the stone that it features. If it is diamond, then the value of the gold band itself is somewhat academic and of no relevance.

On the other hand, if it is cubic zirconia, then the gold band may represent a reasonable proportion of the overall value of the ring.

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