How much is a 10 carat gold ring worth?

10 carat only tells you the quality of the gold, not the quantity involved.

Pure gold is 24 carat - and is too soft for use as jewellery, so other metals are added to strengthen it.

Each 1 carat drop from 24 means that a little over 4% other metal has been used.

So 10 carat gold is 41.6% gold and 58.4% other metal.

The value of the ring will lie either in the overall weight of it, or in the quality of the workmanship displayed in creating it. Never exepct a second-hand ring to sell for as much as a new ring of the same style in the jeweller's window.