Code 700 Gold: How Many Karats and Price per Gram? | Mobee Academy
Investment November 12, 2026 Beginner

Code 700 Gold: How Many Karats and Price per Gram?

Author Bayu Samudera
Read time 5 min
Code 700 Gold: How Many Karats and Price per Gram?

Code 700 gold means 70 percent pure gold, equal to about 16.8 karats. Its price per gram is worked out from today's 24-karat gold price multiplied by 0.7, then reduced by the buy-sell spread the buyer sets. A certificate does not change the purity. It only helps the buyer verify your gold, so its effect is on the discount, not on the gold content.

Formula: Estimated price per gram = 24-karat gold price per gram x 0.7 x (1 - buy-sell discount)

Sample simulation per gram (hypothetical figures, prepared 12 November 2026, not today's price)

Sample buy-sell discount24-karat reference priceTimes 0.7Estimated price per gram
0 percentRp1,000,000Rp700,000Rp700,000
5 percentRp1,000,000Rp700,000Rp665,000
10 percentRp1,000,000Rp700,000Rp630,000

Replace Rp1,000,000 with today's 24-karat buyback price, then recalculate. The real discount is set by the buyer and can differ from the sample.

If the certificate is lost, the value of the gold does not automatically fall, but verification and resale can be harder. So before you trade, you need to know how to calculate the price, check the purity, and choose a credible place to sell. To see long-term gold price trends, you can read gold price trends.

Key Points

  • Code 700 purity: Gold stamped 700 is 70 percent pure gold and 30 percent alloy metals.

  • Price without a certificate: The selling price still follows the 24-karat reference price times 0.7, but the buyback discount can be larger.

  • Main risk: The biggest issue is not the purity but the difficulty of verification and the limited number of places to resell.

  • Before you trade: Test the purity, weigh the gold, and compare prices at several gold shops or pawnshops.

  • Digital comparison: Mobee has a Digital Gold product based on XAUT (Tether Gold). You can use it to compare the direction of gold prices, but digital gold does not replace physical gold.

What Is Code 700 Gold Without a Certificate?

Code 700 gold is jewelry or bars with 70 percent pure gold content. The code equals about 16.8 karats when 24 karats is counted as 100 percent. Documents such as a certificate or purchase receipt are only proof of documentation, not what decides the purity.

Losing the certificate does not change the composition of the gold, but it affects how a buyer verifies authenticity. The number 700 on gold marks 70 percent purity. To understand where gold stands among global assets, see the ranking of the world's largest assets.

How Do You Calculate the Price of Code 700 Gold Without a Certificate?

Calculating the price of code 700 gold does not start from the certificate but from the 24-karat gold reference price. After you get the daily buyback price, multiply it by 0.7 for the gold purity. Then subtract the discount the buyer sets. Here are the practical steps.

  1. Check the reference price: Use the 24-karat buyback price from Antam, a gold shop, or a daily gold price platform.

  2. Multiply by purity: The formula is the reference price per gram times 0.7.

  3. Weigh the net weight: Weigh the gold without stones, clasps, or non-gold parts.

  4. Subtract the discount: The discount can be a making charge, a shop margin, or a verification fee. The amount differs from buyer to buyer.

  5. Compare offers: Do not sell before you get at least two or three offers.

How to check today's reference price: look up today's 24-karat buyback price at a gold shop, Pegadaian, or Antam, then put it into the formula above. The reference price changes daily, so recalculate each time you plan to sell. To see the direction of global gold prices, read digital gold price today. That page uses US dollars per troy ounce, not rupiah per gram.

Factors That Determine the Selling Price

The selling price of code 700 gold without a certificate is not a single fixed number. Several factors matter together:

  • Gold purity: The higher the purity, the higher the value of each gram.

  • Net weight: Only the gold metal is counted, not other accessories.

  • Global reference price: Movements in world gold prices directly move the local buyback price.

  • Physical condition: Dented or scratched gold can still be sold, but the discount is usually larger.

  • Place of sale: Gold shops, Pegadaian, and marketplaces have different discount standards.

  • Certificate status: A certificate does not change the purity, but it can affect your bargaining position.

World gold prices help set the local reference price, so a rise in world prices usually lifts the base price of code 700 gold too. Still, the local discount decides whether you get a fair price.

Risks of Buying or Selling Code 700 Gold Without a Certificate

The main risk without a certificate is not the gold purity but the verification process and certainty of value. Here are the risks.

  • Hard to verify: The buyer will test the purity physically and may charge a testing fee.

  • A larger discount: Buyers often ask for a discount because there is no certificate to verify against. The size varies, so compare several offers.

  • Fake goods: A 700 stamp can be faked, so gold with lower purity can slip through if it is not tested.

  • Limited liquidity: Many buyers focus on 24-karat or 22-karat gold, so 70 percent gold is harder to sell.

  • Selling at the wrong price: If you do not know the base price, a low offer can look fair.

To reduce the risk, keep photos of the gold, note its weight, and compare offers from at least three buyers. This kind of verification is similar to checking the authenticity of a digital asset, for example making sure you have real bitcoin before you buy.

How to Tell Real From Fake Code 700 Gold

Without a certificate, you cannot rely on the stamp alone. Physical verification is the key to avoid buying or selling at the wrong value.

  1. Check the stamp: Look for the number 700 or a 17K mark clearly printed on the surface of the gold. A 16K stamp usually means lower purity, about 66.7 percent, so do not treat it as 700.

  2. Magnet test: Real gold is not magnetic, although alloy metals can give a small reaction.

  3. Touchstone test: Scratch the gold on a touchstone and apply nitric acid to see the purity reaction.

  4. Measure density: Weigh the gold in air and in water, then compare the ratio with the standard for 70 percent gold.

  5. Ask for a lab test: A gold shop or craftsman can issue purity test results.

If you often buy precious metals, also read the guide on fake gold codes so you are not fooled by a stamp that looks real.

Pros and Cons of Buying Without a Certificate

Buying code 700 gold without a certificate can save money, but it has consequences when you resell.

Pros:

  • More affordable price: Individual sellers usually price below official shops.

  • More stock: Used jewelry with code 700 is easy to find in markets and marketplaces.

  • Gold value still follows purity: Once the purity is proven, the value is counted from its content.

Cons:

  • Larger buyback discount: Buyers can ask for a discount because there is no certificate.

  • Slower verification: Physical testing takes time and money.

  • Higher risk of a wrong purchase: The code can be fake or the alloy mix can be off.

If you also collect other precious metals, learn how to recognize real silver to add to your verification references.

Where Can You Sell Code 700 Gold Without a Certificate?

Not every place accepts 70 percent gold. You need to choose a buyer who understands purity and is ready to verify.

  • Local gold shops: The most common place, but discounts differ and are often negotiated.

  • Pegadaian: Usually accepts jewelry with on-site testing and an official process.

  • Online marketplaces: They can reach more buyers, but you need photo documentation and a purity test.

  • Community buyers: Collectors or used-gold auction services often offer better prices.

  • Auction or consignment: Suits gold with an attractive design, but the process is slower.

Banks generally focus on 24-karat gold or certified gold products, so do not count on a bank for code 700 gold.

Code 700 Gold Price Simulation Without a Certificate

Here is a sample simulation for 5 grams of gold. This is a sample simulation with hypothetical figures, prepared 12 November 2026. It is not today's price and not an official benchmark. Replace the reference price with today's 24-karat buyback price.

VariableSample
24-karat reference price per gram (hypothetical)Rp1,000,000
Code 700 purity70 percent
Base price per gramRp700,000
Weight5 grams
Base valueRp3,500,000
Estimated amount received with a 5 percent sample discountRp3,325,000
Estimated amount received with a 10 percent sample discountRp3,150,000

This sample shows that the discount can change the final result significantly. The gap between a 5 percent and a 10 percent discount on 5 grams of gold is Rp175,000. The heavier the gold, the bigger the gap if you do not compare offers.

Conclusion

The price of code 700 gold without a certificate still follows a 70 percent purity calculation from the 24-karat reference price. A lost certificate does not remove the value of the metal, but it makes verification stricter and the buyback discount may be larger. Before you sell, calculate the base price, compare at least three offers, and test the purity. If you want a comparison you can track digitally, learn how the XAUT token works and the Digital Gold product on Mobee. Digital gold does not replace physical gold, so match your choice to your goals and risk profile.

FAQ

How many karats is code 700 gold?

Code 700 gold equals about 16.8 karats, because 70 percent of 24 karats is 16.8. That means its pure gold content is 70 percent and the rest is alloy metals. In the market this code is often called 17K gold, although by calculation 17 karats equals about 70.8 percent.

What is the price of code 700 gold per gram?

The price is not one fixed number and changes daily. The formula is: today's 24-karat gold price per gram times 0.7, then reduced by the buy-sell spread the buyer sets. First check today's 24-karat buyback price at a gold shop or Pegadaian, then put it into the formula.

Is code 700 gold without a certificate cheaper?

The gold purity does not change just because the certificate is lost, but the selling price can be lower. Buyers can add a discount for verification, and the amount varies. The basic formula stays the same: the 24-karat gold price times 0.7.

Where can I sell code 700 gold without a certificate?

You can sell to a local gold shop, Pegadaian, a marketplace, or a community buyer. Many gold shops accept gold without a certificate, but usually with a purity test and a larger discount. Compare several offers before you agree.

How do I tell real from fake code 700 gold?

Do not rely only on the code on the surface, because stamps can be faked. Do a magnet test, an acid test, measure density, or ask for lab test results from a trusted shop.

Track Digital Gold on Mobee

Mobee is operated by PT CTXG Indonesia Berkarya, which is licensed and supervised by the OJK (Indonesia's Financial Services Authority). Through the Digital Gold menu in the Mobee app, you can track XAUT-based digital gold as a comparison for gold prices. Install the Mobee App and learn about the product before you decide.

Disclaimer

This article is intended for information and education. It is not investment advice or an invitation to buy or sell gold or crypto assets. The figures in the simulation are samples. Actual prices and discounts depend on the buyer and market conditions. Crypto assets carry high risk and prices can change at any time. Do your own research before making any decision.

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