The value of 10k gold depends on the amount of gold in question and the current price of gold on the open market. Professionals in the gold trade generally price gold by the ounce, and the price for an ounce varies from day to day based on supply and demand.
10K gold is an abbreviation for 10 karat gold. Because pure gold is 24k gold, 10k gold is defined as gold that contains 10 parts of gold and 14 parts of other metals. This makes 10k gold less valuable than other standard measures of gold, such as 24k, 18k and 14k.