As you have already learned, 14-carat gold is a gold alloy containing 58.5% pure gold. Therefore, 14 carats are worth 58.5% of the price of 100% pure gold. These shoppers will buy your 14-carat jewelry as scrap gold. This means that they will value it based on the current prices of the precious metal.
You can easily find gold prices on the Internet, but those listed on international exchanges won't do you much good because you won't get the same price when selling your gold. To make sure they don't mislead you with the actual price of the gold ring, you can always ask them to see their license to sell and buy gold. A lot of gold jewelry you can wear is 14 carats, so if your jewelry is real gold and you're not sure what it is, it's very likely that it's 14 carats. There are jewelry made of 14-carat gold for everyday use, and there are fine 14-karat gold jewelry that is luxuriously set with gems or diamonds and manufactured by modern brands such as Tiffany, Cartier, Bvlgari and others.
For example, the table below shows the current value of one gram and one ounce of 14K gold compared to 24-carat and 10-karat gold. See how much they're buying gold for, per ounce or gram, and calculate how much you could get for the amount of gold you have. For example, if your 14-carat gold jewelry weighs 9 grams, then it contains about 5.25 grams of pure gold (9 g x 58.3%). To check how much the 14-carat gold ring costs at the pawnshop, you should know several facts about the formation of gold prices and what affects them.