Gold jewelry prices: are you getting your money's worth?

A CBC News I-Team investigation has revealed that Winnipeggers who want to sell their gold rings and chains may not getting paid what their jewelry is actually worth.

CBC News had two experienced jewelry appraisers weigh and determine the karat of six pieces of gold jewelry. Karat is a measure of the purity of gold, with pure gold being 24 karats.

An I-Team producer then took those items to five gold buyers.

In each case, the gold buyer got the karat wrong on at least one piece of jewelry. Two buyers got the karat of three pieces wrong.

A 14-karat piece of gold can be worth about 40 per cent more than a 10-karat piece.