Daily 18 Karat Gold (18K) Market Prices at ALLU
Check the daily selling price of 18 karat (18K) gold daily. The price of 18K gold changes daily due to the exchange rate, so it is important to check the market price frequently in order to sell your gold at the best price. ALLU offers the most competitive and unmatched prices for 18K gold necklaces, rings, spectacle frames, and more.
18-Karat Gold (K18 – Pure Gold) Market Price
*Updated:
Daily Market Price *Per Gram
K18 |
$
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K18WG |
$
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Pt900 / K18 (50-50) |
$
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Pt850 / K18 (50-50) |
$
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18-Karat Gold (K18) Market Price Chart
K18 (Per Gram)
Gold Market Price Simulation
Grade
Weight
Market Selling Price
- - Precautions Regarding Selling Gold and Precious Metals -
- *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
- *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
- *Once sold, items will not be returned.
How to Sell
How to Sell Luxury Goods at ALLU
About Icons
The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.
Carbon Dioxide (CO2) Reduction
CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.
Water Consumption Reduction
Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)
Our Calculation Method
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The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.
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Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm. -
Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.
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Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.
**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.
What We Buy at ALLU
■ Items You Can Sell
Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, mules, sandals, oxfords, pumps, boots, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, gloves, belts, pens, wrist bands, anklets, accessories, eyewear, hats and caps, handkerchiefs, neckties, stoles, scarves, bangles, etc.
ALLU Offers Much More than High Selling Prices!
![1](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason01_gold_sp.png)
Reliable, credible, and trustworthy appraisals
![Our knowledgeable and experienced experts provide accurate appraisals](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason01_sp.jpg)
Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.
![2](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason02_gold_sp.png)
Focus on providing high-quality customer service
![Focus on providing high-quality customer service](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason02_sp.jpg)
We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.
![3](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason03_gold_sp.png)
We purchase a wide variety of items and brands
![We purchase a wide variety of items and brands](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason03_sp.jpg)
We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.
![4](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason04_gold_sp.png)
No selling quantity or price limits
![No selling quantity or price limits](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason04_sp.jpg)
For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.
![5](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason05_gold_sp.png)
Quick and easy appraisals
![Quick and easy appraisals](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason05_sp.jpg)
Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.
![6](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason06_gold_sp.png)
Stress-free and private spaces
![Stress-free and private spaces](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason06_sp.jpg)
We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.
![7](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/no_reason07_gold_sp.png)
Conveniently located stores
![Conveniently located stores](https://sell-hk.allu-official.com/wp-content/themes/allu-global/assets/img/common/img_reason07_sp.jpg)
ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.
Shop Information
ALLU HK Causeway Bay Shop
Room A2, 16/F ,Emperor Watch And Jewellery Centre, 8 Russell St, Causeway BayCentral Shop
18/F, Stanley 11, 11 Stanley St, Central, Hong Kong Island, Hong KongALLU HK Jordan Shop
Room 503-4, 5/F, Hanford Commercial Centre, 221B-E Nathan Road, KowloonALLU HK Kwun Tong Shop
Room 1802, 18/F, One Pacific Centre, 414 Kwun Tong Rd, Kwun Tong
You Need to Show Valid Identification to Sell at ALLU!
- Hong Kong Identity Card
- Passport
- Only one of the above forms of identification is required.
- We can not buy items from customers under the age of 18 years old.
- We do not accept identification documents that are expired or out-of-date.
- Corporate customers follow the same selling process as individual customers. No additional documentation is required.
18-Karat Gold (K18) Market Price FAQ
How is the price of 18-karat gold determined?
What is the difference between 18-karat and 14-karat gold?
How is 18-karat gold used?
How long does it take to appraise 18-karat gold?
Is it possible to sell a tangled 18-karat gold necklace that cannot be disentangled?
Does the price of 18-karat white gold differ from that of regular 18-karat gold?
18 Karat Gold (K18) Widely Popular in Watches and Accessories
18 Karat gold is a gold alloy that has a good balance of durability, luxury, and cost and might be the most common purity among gold alloys. The reality is that 18 Karat gold is used for a large number of fashion items, such as accessories and watches. ALLU has a long track record of buying 18 Karat gold, and in this section, we will give an overview of 18 Karat gold, explain how it differs from pure gold, and look at items in which 18 Karat gold is used.
What is 18 Karat Gold?
![](/wp-content/uploads/2023/08/1.webp)
18 Karat gold is a general term for a gold alloy with a purity, in other words, a gold content of 75%. Gold purities are defined as a fraction out of 24; in 18 Karat gold, that fraction is 18/24 or 75%. 18 Karat, 18K and K18 refer to the same 75% ratio of gold to other metals. 18 Karat is a common gold alloy widely used as a material for accessories in particular. Silver and copper are commonly used in these alloys and account for 25% of the non-gold metal content. Colour varies greatly depending on the ratio of metals in the alloy. Many items generally referred to as coloured gold, such as yellow gold, green gold and red gold, are made from 18 Karat gold.
The Differences Between 18 Karat Gold and Pure Gold
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Gold does not deteriorate easily. However, it is soft and weak to heat. These characteristics are most pronounced in 100% pure gold. Another characteristic of gold is that it is easy to mix with other metals. For this reason, gold is commonly mixed with other metals in accordance with the desired application. As an alloy, the added metals serve to improve gold's relative softness, giving way to a harder compound. Thus, used as an alloy, the shortcomings mentioned above are reduced, and these gold alloys can be used in items where damage is a potential concern. 18 Karat gold is mixed at a 75% gold to 25% ratio, so the hardness is greater than pure gold. Further, the refining of 18 Karat gold has purposes beyond just improving hardness. Mainly to add colour to the shine of the original gold. This colour changes according to the proportion of non-gold metals in the alloy. In terms of 18 Karat gold, the impact of the alloyed metals on the colour is striking. Due to this, among coloured gold items, 18 Karat gold is a commonly used purity.
Items in Which 18 Karat Gold is Used
![](/wp-content/uploads/2023/08/3.webp)
Higher-purity gold has a high rate per gram and is valuable as an asset. Of course, although the value of 18 Karat gold is high, it is rarely used in physical assets such as ingots (gold bars) and coins. Due to the characteristics mentioned above, it is mainly used as a material for making accessories. It is often used as a material for basic accessories such as necklaces, earrings, bracelets, rings, etc. In addition, it is also common to see 18 Karat gold in coloured gold items where alloyed metals adjust the colour. Including the standard yellow gold, various colours are used according to the item or need, such as rose gold, which is popular with women, or the simple, appealing white gold. Compared to higher-purity gold, 18 Karat gold's hardness also allows for thinner shapes when designing products. As such, 18 Karat gold is an excellent material for making accessories due to its freedom in colour and moulding. Indeed, 18 Karat gold is often used to achieve solid and original designs for jewellery brands. Particularly when it comes to colour, even while using the same 18 Karat gold, products will vary greatly depending on the alloy's unique ratio to each brand. Another use of 18 Karat gold is as the material in gold watches for the world's leading luxury watch brand Rolex. The characteristics to achieve the luxury of gold as well as the robustness that Rolex models demand, is unique to 18 Karat gold. A number of Rolex classic models, such as the Day-Date, Sky-Dweller, and GMT Master II, have been released in 18 Karat coloured gold variations.
The High Selling Price Potential of 18 Karat Gold
Items made of 18 Karat gold have been lauded by many due to their variation in colour and ease of handling. Among those who do not value the brilliance of gold above all, 18 Karat gold's popularity is comparable to higher-purity gold such as 22 Karat gold and pure gold. Of course, 18 karat-gold items are also frequently traded in the pre-owned market. At ALLU, we welcome and actively make offers for 18 Karat gold items such as necklaces, rings and watches at high prices. Our appraisal price considers not only the basic price of gold by weight but also the product's design. For popular 18 Karat gold items, you may receive an appraised price that exceeds your expectations. If you have any unused 18 Karat gold items at home, take advantage of our services and request an appraisal at ALLU today.
ALLU Frequently Asked Questions
How do you decide the selling price of gold, platinum and other precious metal accessories?
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.
My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?
Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?
How long does it take for an appraisal at the store?
Do scratches and stains affect the selling price?
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.
Can I sell old coins and foreign gold coins?
Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.
When is the best time to sell gold and precious metals?
However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.
Is the selling price different for ingots and gold jewellery?
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.
Is there a difference in selling price between ingots with and without engraving?