How much is a 23.8 gram necklace marked as 18kt pg worth?
To determine the value of a 23.8-gram necklace marked as 18kt (18 karat) gold, you first need to calculate the gold content. Since 18kt gold is 75% pure gold, the necklace contains approximately 17.85 grams of pure gold. The price of gold fluctuates, but if we assume a gold price of around $60 per gram, the gold content would be worth approximately $1,071. Additionally, the necklace's design, craftsmanship, and brand can significantly affect its overall market value.