Is now a good time to scrap gold?

[snowballs mom]

My daughter has a small loose diamond she inherited from a great uncle that is the exact same size as a ruby in an old 14kt gold ring I gave her (mine from the 70s). We collected my old gold hoops I haven't worn in years, along with my high school ring (yes, they were 10kt gold in the early 70s), and traded it all in on the replacement heads and labor to refresh the ring. She now has a beautiful diamond and ruby toi et moi, for the price of me clearing out items that have not been worn in many years.

 

[nala]

So you guys use the term scrap but if you are bringing for example, a gold necklace that doesn’t have any flaws, would you expect to get at least the spot price then? @Karl_K

My math is simple. If I can get the same amount for scrapping as I can from selling on ebay minus fees, etc., then I scrapped.