Daily 22 Karat Gold (22K) Market Prices at ALLU
Check the daily selling price of 22 karat (22K) gold daily. The price of 22K 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 22K gold coins like the Eagle and Britannia, jewellery, and other items.
22-Karat Gold (K22 – Pure Gold) Market Price
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Daily Market Price *Per Gram
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22-Karat Gold (K22) Market Price Chart
K22 (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
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Gold and Precious Metals
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Watches
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Brand Bags
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Brand Wallets
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Jewellery
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Accessories
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Antiques
■ 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!
Reliable, credible, and trustworthy appraisals
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.
Focus on providing high-quality customer service
We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.
We purchase a wide variety of items and brands
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.
No selling quantity or price limits
For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.
Quick and easy appraisals
Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.
Stress-free and private spaces
We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.
Conveniently located stores
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 Bay
Central Shop
18/F, Stanley 11, 11 Stanley St, Central, Hong Kong Island, Hong Kong
ALLU HK Jordan Shop
Room 503-4, 5/F, Hanford Commercial Centre, 221B-E Nathan Road, Kowloon
ALLU 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.
22 Karat Gold (K22) Widely Popular for Accessories and Gold Coins
Gold is known as a metal with a high asset value, and this is also the case for purities outside of pure gold. 22 Karat gold, which has only slightly less gold content than pure gold, is popular as a material for accessories and gold coins. At ALLU, many customers choose to bring their 22K gold to us when looking to sell their items at high prices. Here, we will dive deeper into the characteristics of 22 Karat gold, give an overview, look at where it is used, and describe the benefits of using 22K over pure gold.
What is 22 Karat Gold?
22 Karat gold refers to gold with a purity of 91.7%. 22 karat, 22K and K22 all refer to this purity of gold. Gold purities are defined as being out of 24 parts, meaning 22 Karat gold is 22/24 or 91.7%. Generally, it is treated as a purity one step below pure gold. Though less than pure gold, 22 Karat still has significant gold content. In fact, naturally mined gold is rarely as pure as 22K. As such, most 22 Karat gold is produced by manipulating the purity during processing. The non-gold metals in the 22K alloy are typically copper and silver. These metals can affect the colour of the gold in gold alloys, but in the case of 22 Karat gold, there is little difference in colour from 24 Karat gold.
The Differences Between 22 Karat Gold and Pure Gold
While there is a charm in the golden shine of pure gold, it is very soft. This softness raises concerns over the difficulty involved in using pure gold as a material for jewellery. The two parts of alloyed metals in 22 Karat gold vastly improve the overall hardness. Comparing pure gold to 22K in the Vickers hardness test, pure gold has a Vickers pyramid number (HV) of 25, while 22K has an HV of 60. With just a slight drop in purity, the hardness more than doubles. Despite this drop in purity, 22 Karat gold exhibits that unique gold shine all the same. Many people love 22K gold accessories for the ability to balance shine, hardness and ease of handling. Particularly overseas, 22K gold items are popular. However, the rate of gold is determined by purity, so the value per gram is less than pure gold. As a general rule, 22K items go at 90% of the market value of gold in line with their purity.
Items in Which 22 Karat Gold is Used
22 Karat gold is especially popular as a material for gold coins. The classic 22 Karat gold coins are the American "Eagle Gold Coin," the South African Republic's "Krugerrand Gold Coin," and the British "Britannia Gold Coin." Every gold coin has a design that reflects the history and culture of each region, and they are appreciated for these designs. Furthermore, 22K is also used as a material for accessories because it is harder and more practical than pure gold. However, 22K is often used as a focal point in an item due to lacking the strength to produce accessories only using 22 Karat. Finally, 22K gold is also used as material for pen tips for high-grade fountain pens. These tips have a smooth sensation when writing and is unique to 22K gold.
The Reasons for the Popularity of 22 Karat Gold
22 Karat gold is popular as a substitute for pure gold as it has a boosted hardness and similar shine. Many people choose 22K over pure gold to avoid the hassle that comes with handling a much softer material. While there is not much colour difference, the alloyed metals affect the overall colour, and though this is slight, some people even prefer the look of 22K over pure gold. The smoothness of pure gold can be enjoyed even with 22 Karat gold. With accessories that sit on the skin, such as necklaces and bracelets, you will be able to fully enjoy this comfortable smoothness.
22K Gold Items are Rare! Expect High Prices!
The majority of gold items in circulation are either 16 Karat gold or 18 Karat gold. With the rarity value of the higher purity 22K and pure gold, you can expect offers that exceed a simple calculation by weight. Depending on the store, you may also receive an additional value added to the selling price based on the design of your item. At ALLU, our appraisals account for the value of an item by weight, the item's design, and the purity's rarity. Therefore, depending on the 22 Karat item, we may offer more than the price of pure gold. So, if you have 22 Karat gold items not readily available on the market, please take advantage of our appraisal service. Appraisals are entirely free, and we can provide consultations using a variety of methods, such as social media apps, email, or even our home service, in which you can receive an appraisal from the comfort of your own home.
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?