Last Update: 10 May 2024
What is 500 gold? – 500 gold is the measure of the gold fineness, which is 50% pure gold – or 12 karat. Below read more about the price of 500 gold, how to calculate the value of 500 gold, understanding composition, value, hallmarking, cleaning and storing 500 gold.
KEY TAKEAWAYS
- 500 gold denotes the purity of gold by parts per thousand in an alloy. The system is called (millesimal) fineness, ranging from 1 to 1,000
- It means, the piece of jewelry consists of 50% pure gold and 50% other metals
- Expressed in karat, 500 gold is 12 karat
- 500 gold is less common today; in Great Britain jewelry with 500 gold was produced at the turn of the 20th century
Also check out: 333 gold, 375 gold, 417 gold, 500 gold, 585 gold, 667 gold, 750 gold, 833 gold, 875 gold, 917 gold, 958 gold and 999 gold.
Price for 500 Gold per Gram on 10 May 2024: USD 38.06
- The price of gold jewelry is determined by its pure gold content, the value of other metals (usually copper, silver or zinc) are not considered
- That means, 500 gold costs 50% of pure gold
- However, gold jewelry has often a considerable markup for its craftsmanship, brand, design and rarity. Buying gold jewelry is a sentimental choice.
- For investment purposes, gold bars and coins (bullion) are a more rational choice. They have only a very small premium.
How did the 500 gold price change over the last 30 days?
- Over the past 30 days, the gold market went from $37.98 for 500 gold to $38.06, which is a change of 0.21%
- The highest price was $38.51 for 500 gold, reached on 19. Apr. 2024
- The lowest price was $36.84 for 500 gold, observed on 30. Apr. 2024
Chart with price development of 500 Gold
500 gold price of the last 30 days in a chart:
Table with the daily 500 gold price in USD of the last 30 days
| Date | Gold Price |
|---|---|
| 10. May. 2024 | USD 38.06 |
| 09. May. 2024 | USD 37.57 |
| 08. May. 2024 | USD 37.18 |
| 07. May. 2024 | USD 37.20 |
| 06. May. 2024 | USD 37.36 |
| 05. May. 2024 | USD 37.01 |
| 04. May. 2024 | USD 37.01 |
| 03. May. 2024 | USD 36.96 |
| 02. May. 2024 | USD 37.09 |
| 01. May. 2024 | USD 37.40 |
| 30. Apr. 2024 | USD 36.84 |
| 29. Apr. 2024 | USD 37.53 |
| 28. Apr. 2024 | USD 37.58 |
| 27. Apr. 2024 | USD 37.58 |
| 26. Apr. 2024 | USD 37.63 |
| 25. Apr. 2024 | USD 37.52 |
| 24. Apr. 2024 | USD 37.30 |
| 23. Apr. 2024 | USD 37.37 |
| 22. Apr. 2024 | USD 37.56 |
| 21. Apr. 2024 | USD 38.43 |
| 20. Apr. 2024 | USD 38.43 |
| 19. Apr. 2024 | USD 38.51 |
| 18. Apr. 2024 | USD 38.37 |
| 17. Apr. 2024 | USD 38.22 |
| 16. Apr. 2024 | USD 38.31 |
| 15. Apr. 2024 | USD 37.74 |
| 14. Apr. 2024 | USD 37.69 |
| 13. Apr. 2024 | USD 37.69 |
| 12. Apr. 2024 | USD 37.87 |
| 11. Apr. 2024 | USD 37.98 |
500 Gold for different weights from 1 gram to 1,000 gram
| Fineness | Gold Price |
|---|---|
| 1 gram 500 gold | USD 38.06 |
| 2 gram 500 gold | USD 76.12 |
| 5 gram 500 gold | USD 190.30 |
| 10 gram 500 gold | USD 380.60 |
| 20 gram 500 gold | USD 761.20 |
| 25 gram 500 gold | USD 951.50 |
| 50 gram 500 gold | USD 1,903.00 |
| 100 gram 500 gold | USD 3,806.00 |
| 200 gram 500 gold | USD 7,612.00 |
| 250 gram 500 gold | USD 9,515.00 |
| 500 gram 500 gold | USD 19,030.00 |
| 1000 gram 500 gold | USD 38,060.00 |
Calculate the Price for 500 gold jewelry
To calculate the price for 500 gold jewelry, you need to know the weight of the item in grams and the current market price of gold per gram.
If you enter gram, the value in 500 gold will be calculated.
If you enter dollars, the weight in 500 gold will be calculated.
What is 500 gold in karat?
500 gold denotes the purity of gold in an alloy by parts per thousand. Therefore, 500 gold is 50% of 1000.
Karat denotes the gold purity on a 24 part system.
Therefore, 50% of 24 is 12.
In conclusion, 500 gold is 12 karat.
Understanding 500 Gold
500 gold is a type of gold alloy that contains 50% pure gold and 50% other metals. The term “500” is a hallmark that indicates the purity of the gold. This type of gold is also known as 12-karat gold because it contains 12 parts pure gold and 12 parts other metals.
Composition and Purity
The other metals used to create the alloy can include copper, silver, nickel, and zinc. These metals are added to improve the strength and durability of the gold and to create a specific color or finish.
The purity of 500 gold makes it less expensive than 24-karat gold, which is the purest gold jewelry. Jewelry made from 500 gold is typically more valuable than jewelry made from lower-karat gold alloys, such as 8, 9 or 10 karat. The jewelry price is also affected by gemstones (such as diamonds), famous brands or designers (such as Van Cleef & Arpels) or its historical rarity and value (see also gold jewelry and gold history).
What is the 500 gold symbol?
In many countries, including the United States, gold jewelry must be hallmarked to indicate its purity. The hallmark is a stamp or engraving that is placed on the piece of jewelry to indicate the percentage of pure gold it contains. In the case of 500 gold, the hallmark will typically be “500” or “10k”. (In US and UK 10k is stamped, in other European countries 500).
The hallmarking standards for gold jewelry can vary by country. For example, in the United Kingdom, gold jewelry must be hallmarked by an independent assay office to ensure its purity. In the United States, the hallmarking standards are set by the Federal Trade Commission (FTC). The FTC has adapted karat as a standard; read the guide here.
Frequently Asked Questions
How is the value of 500 gold determined?
The value of 500 gold is determined by its weight, purity, and the current market price of gold. The weight of the gold is measured in grams, and the purity is indicated by the “500” mark, which means that the gold is 50% pure. 500 gold costs 50% of the official gold price.
What does the 500 mark indicate on gold jewelry?
The “500” mark on gold jewelry indicates that the piece is made of 50% pure gold. The remaining 50% is made up of other metals, such as copper and silver, which are added to increase the strength and durability of the piece.
How can you distinguish between genuine and fake 500 gold stamps?
To distinguish between genuine and fake 500 gold, you must assay the gold. This is best done by jewelry shop or a gold trader. read more about gold assaying in gold properties.
What is the price range for a 500 gold ring?
The price range for a 500 gold ring can vary depending on several factors, such as the weight of the gold, the design of the ring, and the current market price of gold. Generally, a 500 gold ring can cost anywhere from a few hundred dollars to several thousand dollars. In some counties, basic gold jewelry cost only the price of the material. In others the price could be double or triple the material costs, as goldsmiths have a high rate.
Can you pawn jewelry marked with 500 gold?
Yes, you can pawn jewelry marked with 500 gold. The amount of money you can get for the jewelry will depend on several factors, such as the weight of the gold, the current market price of gold, and the condition of the piece.
What is the quality comparison between 500 gold and 24 karat gold?
500 gold is 50% pure gold, while 24 karat gold is nearly 100% pure gold. The higher the karat, the purer the gold. However, 24 karat gold is also softer and more malleable than 500 gold, which is why it is often alloyed with other metals to increase its strength. Both 500 gold and 24 karat gold have their own unique qualities and are used for different purposes. 24 karat gold is typically bought for investment purposes as gold bars and gold coins. However, in some Asian countries such as China and India, 24 gold karat jewelry is gifted at special occasions (e.g. births).
What does 500 gold purity mean?
500 gold, also known as 12k gold, consists of 50% pure gold and 50% other metals and materials. This level of purity makes it a popular choice for jewelry due to its relatively high gold content combined with durability
What are 500 gold alloys?
500 gold, known as 12 karat gold, consists of 50% fine gold, with the remainder typically comprising metals like copper and silver to enhance color and strength. For example, in 12k yellow gold, approximately 15% is copper and 10% is silver. Rose gold variants may have a higher copper content, giving them a distinctive pink hue, with 12kt rose gold contains about mostly copper and some silver silver. These alloys not only contribute to the metal’s durability but also to its color variety, such as white, yellow, or rose gold. read more about gold alloys.
What is the hallmark of 500 gold?
Hallmarks for 500 gold, indicating its 50% purity, typically include a “500” stamp. This hallmark confirms that the piece is made of 12 karat gold. Jewelry may also carry additional marks indicating the manufacturer or the country of origin, such as “500 Italy”.
Is 500 gold a good investment?
In general, it is better to buy 999 gold as coins or bars for investment purposes. As the markup is minimal compared to gold jewelry. Also investment coins and bars are standardized which makes the check for authenticity much easier, in contrast to gold jewelry.
How should I store and care for 500 gold jewelry?
To maintain 500 gold jewelry, store it in a cool, dry place, ideally in individual soft cloth pouches or a lined jewelry box to prevent scratches. For care, gently clean the jewelry with a soft cloth and mild soap and water, avoiding harsh chemicals and abrasive materials that could damage the gold.