The worth of this type of gold is based on its melt value, Gold Bar which is a calculation established by the weight in grams and the karat. There are many websites that offer calculators for this process. Certain refineries that purchase scrap may even send you a kit to conduct this test before mailing in your gold scraps.
People who have broken or damaged gold pieces will most likely be disposed to sell for a far lesser price than the melt value. In this way, the buyers of scrap make their profit. The amount of profit will partially depend on how knowledgeable the seller is about the value of their items. It is common for everyday people to also get into the scrap market by buying from their friends or family and in turn selling to refineries to acquire their own profits.
Gold, today, is performing its traditional function.
Gold's price is trending upward as the currencies of the world are being devalued.
Gold, for thousands of years, has effectively preserved the wealth and prosperity of its owners.
Before going further on this topic, however, it's important to remember two facts:
First, gold is a commodity and one does not invest in commodities. One speculates on commodities. If you buy it and it's price goes higher, you gain. If it's price goes lower, you lose.