Not Financial Advice: The value of gold depends on a variety of factors. To give you an idea, the value of your 14k gold (12.4 grams) using this Precious Metal Calculator is 317.084 USD (using the current gold price).
To find out the value of a piece of gold jewelry, you need to determine how much the pure gold in it is worth, and this value depends on the precious metal’s price on the market.
The market price of gold changes every day, and you can look it up on a variety of websites.
Keep in mind that the gold price quoted on commodity exchanges does not reflect accurately the money you could get for your jewelry if you decide to sell it.
To get a better estimate of the value of your gold, you can reduce its current market price by about 20%-30%.
You can view gold current prices (updated every 30 minutes) at Gold Rate 24.
Check out tips on how to get the best price when selling your gold, shared by USA Today.