Daily 24 Karat Gold (22K – Pure Gold) Market Prices at ALLU
Check the daily selling price of 24 karat (24K) gold daily. The price of 24K 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 24K gold ingots, coins, rings, necklaces, and custom-made accessories.
24-Karat Gold (K24 – Pure Gold) Market Price
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Daily Market Price *Per Gram
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24-Karat Gold (K24) Market Price Chart
K24 (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.
24-Karat - Pure Gold (24K) Market Price FAQ
How is the price of 24-karat gold determined?
What is the difference between 24-karat and 18-karat gold?
How is 24-karat gold used?
How long does it take to appraise 24-karat gold?
Is it possible to sell a broken 24-karat gold necklace or a bent ring?
Is it possible to sell foreign coins made of 24-karat gold?
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?
The Charm and Value of 24 Karat Gold (K24 - Pure Gold)
Among all the precious metals, gold is the ultimate standard. And among gold, 24 Karat gold, which is pure gold with no other materials mixed in, has long been valued as an asset and a material for accessories. It has always been the subject of high prices at luxury brand traders like ALLU. Here, we discuss 24 Karat gold, its uses, and the reason behind its unwavering popularity.
What is 24 Karat Gold?
24 Karat gold is gold with a purity of 99.99% or higher. You may also see it referred to as 24K or K24. It is the purity of gold known as "pure gold." When discussing gold, its purity is measured as a fraction out of 24. 24 Karat gold is 24/24, in other words, made of 100% gold. In practice, it is exceedingly difficult to eliminate all impurities completely, so 24 Karat gold is defined at 99.99%.
Pure Gold: Properties and Historically High Value
When most people imagine 'gold', they think of a brightly glistening 24 Karat gold ingot. In modern times, traders realise the importance of pure gold as a precious asset which fluctuates very little in price, thus strengthening their valuation. This high valuation dates back to ancient times. Around 7,000 to 8,000 years ago, gold was already recognised for its value. Since its discovery, pure gold has been seen as a symbol of wealth and power due to its unique lustre. We are still unearthing ancient items made of pure gold, such as the brooches found in the tombs of Tutankhamun in Egypt and the Celts. Gold is also well known as a relatively soft metal. In particular, 24 Karat gold is so soft that chewing on it will leave bite marks. Therefore, it is unsuitable for industrial products that bear heavy loads and should be handled delicately as a material for jewellery.
Items in Which 24 Karat Gold is Used
24 Karat gold items, such as ingots and coins, are often treated as valuable assets and carefully stored away. In addition, accessories frequently incorporate pure gold, though, as mentioned above, concerns often arise due to its malleability. Gold is most commonly seen in standard accessories like necklaces, brooches, and earrings. Such items are often thick-walled with a well-designed base metal to protect the gold's fragility.
Why Purchase 24 Karat Gold?
Many individual investors purchase 24 Karat gold items like ingots or coins as a distribution investment, intending to hold onto them as an asset. Others purchase them due to their relatively stable value and pass them on to their children. Some companies even reward their employees with small 24 Karat gold coins. Because of their extremely high market value and difficulty in handling, 24 Karat accessories aren't widely distributed. For those who find themselves attracted to the luxurious shine unique to pure gold, they purchase them for important life milestones like weddings and birthdays. As mentioned above, their value fluctuates very little, so many people may find gold as a 'wearable asset' appealing.
The Reasons for the Popularity of 24 Karat Gold
The phrase "gold for emergencies" describes gold's true value. As the phrase suggests, gold has long been treated as a "last resort"- one of the few assets that does not lose value in times of global instability. This "gold for emergencies" mindset prevails even today. Whenever world tensions rise, whether it be war, terrorism, or economic crises, the value of gold rises. In particular, 24 Karat gold is popular among investors as a safe asset that never loses value. Also, 24 Karat jewellery has more advantages than simply just its shine. Those who love 24 Karat accessories appreciate the softer feel of gold on their skin. Necklaces especially draw out that sense of comfort.
24 Karat Gold is Stable! Now is the Time to Sell!
Gold's market price is at a 30-year peak. If you have any good condition 24 Karat items, you can expect to sell them for a high price at stores that properly assess their value. ALLU is always looking to buy 24 Karat items like coins, ingots, Buddhist altar fittings, and accessories. We offer free appraisals, and we provide customers with competitive prices. If you have any unused 24 Karat gold items at home, take advantage of our services and request an appraisal at ALLU today.