A little homework can help ensure that you get a fair price when selling your gold jewelry.
Figure out exactly what you have, says Don Ketterling, a Westlake Village jewelry appraiser. Most gold will have stamped value markings. For example, a wedding band marked 14K is 58 percent pure, Ketterling said.
Gold and silver are often sold by the troy ounce, which is 31.1 grams, or about 10 percent more weight than a regular ounce.
On Tues., Nov. 3, the spot price of gold had reached $1,084 per ounce...
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