A 14K gold ring will cost you between $450 to $850 USD.
You need to consider several factors when determining how much a 14K gold ring costs. These include the current price of gold, the amount of gold used, gemstones, and labor for making the ring.
How much gold is in a 14k ring?
A typical woman’s engagement ring weighs between 2-5 grams. 14K gold has a gold content of 58.3%, so there would be closer to 1-2.8 grams of gold in a typical woman’s engagement ring.
The weight of gold will obviously have a lot to do with how much an 14K gold ring costs as you need to apply the gold spot price to how many grams of gold you are buying for your ring.
James Allen offers a tremendous range of 18k gold rings.
James Allen Pave Engagement Ring
James Allen Halo Engagement Rings
James Allen Solitaire Engagement Ring
How much is 14k gold worth today?
At the time of writing, the price of gold is $55 USD per gram – see Gold Spot Price.
You may quickly reach for the calculator and think – why is 14K gold so expensive? There is only approximately $160 USD worth of gold in a 5-gram ring. This is the material cost of the ring at scrap gold value.
Labour to manufacture a ring will add to the cost. This cost is generally between $300 to $500 USD and includes the processing of the ring from mould cast to polished and ready to wear.
Gemstones will also have a very significant impact on the cost of an engagement ring. However the simplest way to answer this question is to look at the ring setting only.
Here is an example – a solid14K gold ring setting that weighs 5 grams.
The cost is calculated by 5 (grams) x 58.3% (gold content) x gold price per gram ($55 USD) + Labour = $160 + $300 to $700.
So in this example an 14K ring setting or band will cost between $450 to $850 USD.
Which aligns to retail price search for a comfort fit 14k gold band found here at Blue Nile.