Price Comparison by Karat In the international market, as of March 2025, the price of 18 – karat white gold is around $62.57 per gram, and 14 – karat white gold is about $48.80 per gram. This price difference is due to the varying amounts of pure gold in each karat type.
Factors Affecting the Price of White Gold per Gram
Global Economic Conditions: Economic conditions have a significant impact on the price of white gold. During economic booms, people have more disposable income, leading to increased demand for luxury items like white gold jewelry, which drives up prices. In contrast, during economic recessions, consumers tend to cut back on non – essential purchases, and the demand for white gold decreases, causing prices to decline. For example, during the 2008 financial crisis, the demand for white gold jewelry dropped sharply, and its price followed suit.
Supply and Demand Dynamics: The supply of white gold depends on the mining of gold and the production of the alloy. If there are disruptions in gold mining or if the production of white gold is affected by factors such as shortages of other metals in the alloy, the supply can be reduced, leading to a price increase. On the demand side, trends in fashion and consumer preferences play a role. If white gold becomes more popular in jewelry designs, the demand will rise, pushing up the price. For instance, in recent years, the increasing popularity of white gold engagement rings has contributed to a higher demand for white gold.
Currency Fluctuations: Since white gold prices are often quoted in major currencies like the US dollar, euro, or British pound, fluctuations in these currencies can affect its price. If a currency depreciates, the price of white gold denominated in that currency may increase, as it takes more of that currency to purchase the same amount of white gold. For example, if the US dollar weakens against other currencies, the price of white gold in the US market may rise even if the international price remains stable.
Geopolitical Tensions: Geopolitical instability can cause investors to seek safe – haven assets, and white gold, being a form of precious metal, can benefit from this increased demand. Conflicts, trade disputes, or political unrest in major gold – producing regions or around the world can disrupt the supply chain of white gold and lead to higher prices. For example, tensions in the Middle East, a major oil – producing region and also close to some gold – mining areas, have sometimes led to increased volatility in the price of white gold.
Regional Price Differences
USA: In the United States, the price of white gold per gram varies by karat. As mentioned earlier, 18 – karat white gold sells for around $62.57 per gram, and 14 – karat white gold is about $48.80 per gram. These prices are based on the market conditions and the supply and demand dynamics in the US.
Europe: In Europe, the prices are also influenced by the local economic conditions and consumer preferences. For example, in countries like Germany, France, and the UK, the price of 18 – karat white gold is similar to the international average, while 14 – karat white gold is priced accordingly lower. However, in some European countries, there may be additional taxes or import duties that can affect the final price of white gold.
Asia: In Asia, countries like India and China have a significant demand for gold in general. In India, yellow gold is more popular than white gold, but the demand for white gold is also increasing. The price of white gold in India follows the international trends but may also be influenced by local factors such as import policies and the availability of raw materials. In China, the price of white gold is affected by the overall economic growth and the preferences of Chinese consumers. As the economy grows, the demand for white gold jewelry, especially in big cities, has been on the rise.
Comparison with Other Precious Metals
Yellow Gold: Yellow gold is the most traditional form of gold and is often used as a benchmark for comparing the value of white gold. Pure yellow gold (24 – karat) is more valuable than lower – karat white gold because it contains a higher percentage of pure gold. However, 18 – karat or 14 – karat yellow gold has a similar value to white gold of the same karat, as they have the same amount of pure gold. The main difference in price between yellow and white gold often comes from the cost of additional metals in the alloy and the market demand for each type.
Platinum: Platinum is a rarer and more valuable precious metal than white gold. It has a higher density and a unique white color. The price of platinum per gram is generally higher than that of white gold. For example, in the current market, the price of platinum can be around $358 per gram (PT950), while 18 – karat white gold is around $62.57 per gram. Platinum is often preferred for high – end jewelry and is more durable and resistant to tarnish than white gold.
How to Determine the Value of White Gold Jewelry
Check the Karat Marking: The karat marking on the jewelry is the first step in determining its value. It indicates the purity of the gold in the alloy. Look for markings such as “18K” or “14K” on the piece of jewelry. If there is no marking, it may be difficult to accurately assess its value.
Consider the Weight: The weight of the white gold jewelry is also important. The value per gram is multiplied by the total weight of the piece to get an estimate of its value. However, if the jewelry has gemstones or other decorations, their value needs to be considered separately.
Evaluate the Design and Brand: The design and brand of the jewelry can also affect its value. Well – known brands and unique, intricate designs may command a higher price than generic or simple pieces. For example, a white gold necklace from a famous jewelry brand with a beautiful design may be more expensive than a similar – weight necklace from an unknown brand.
