Many online gold buyers do not publish their gold prices for quantities less than 10 oz. Maybe that's because they don't want you to know how little they pay for small amounts of gold jewelry!
MAKE NO MISTAKE10 ounces of gold = 200 pennyweights. That's a lot of gold! It's probably more than most consumers are looking to sell. If you're comparison shopping gold payouts, and a competitor doesn't publish their price per pennyweight for less than 10 ounces of gold, beware!
The price we pay for gold changes on a daily basis and is primarily based on the afternoon London gold fixing on the day we receive your package. To give you the very best gold price today, GoldFellow® considers the total combined weight of all of your gold jewelry in calculating your payment.
The table above shows how much GoldFellow® is paying today for gold by pennyweight (DWT). Multiply the number of pennyweights you have of each karat by today's gold price per pennyweight to get the approximate cash value of your gold.