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How does JTV Gold Exchange SM calculate the cash value of the items I send?

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How does JTV Gold Exchange SM calculate the cash value of the items I send?

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JTV Gold Exchange SM calculates the cash value of your items sent based on three factors: • The price of gold or platinum as quoted by the London Afternoon Fix on the business day the packet is received. • The karat content of your gold, which is a percentage of 24 karat: – 10kt is 41.6% pure gold – 14kt is 58.3% pure gold – 18kt is 75% pure gold – 22kt is 91.7% pure gold – 24kt is 100% pure gold • The actual weight of your items sent in.

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