An 18K gold ring will cost you between $500 to$1,100 USD.
You need to consider several factors when determining how much an 18K 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 an 18k ring?
A typical woman’s engagement ring weighs between 2-5 grams. 18K gold has a gold content of 75%, so there would be closer to 1.5-3.75 grams of gold in a typical woman’s engagement ring. Whereas, a gents 18K gold signet ring can weigh 10-12 grams or 7.5- 9 grams of actual gold.
The weight of gold will obviously have a lot to do with how much an 18K 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 18k gold ring worth?
At the time of writing, the price of gold is $55 USD per gram – check out today’s price here – Gold Spot Price.
You may quickly reach for the calculator and think – why is 18K gold so expensive? There is only approximately $220 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 solid 18K gold ring setting that weighs 5 grams.
| The cost is calculated by 5 (grams) x 75% (gold content) x gold price per gram ($55 USD) + Labour = $206 + $300 to $700. |
So in this example an 18K ring setting or band will cost between $500 to$1,100 USD.
18k gold ring price
As per the above example, this aligns to the 18k gold ring price search for a comfort fit 18k gold band from Amazon.
For 14k gold ring cost, read here.