When it comes to determining the value of your gold, it all boils down to its purity. This refers to pure gold in gold jewelry, bullion, or coinage. The gold melt value of 24 karat gold is the most refined form with a purity level of 99.9%, containing no other metals. On the other...
For 14 karat gold it multiplies by 0.5824 1.1124142 x 0.5824 = 0.64787 Finally it takes this number and multiples by the market price of gold. This price changes daily, for this example we will use $1,016 per troy ounce. 0.64787 x 1016 = 658.24 So, $658.24 is the final dollar amount...
Gold Valuation Tools: 1. Gold Testing Kit. Want to know if your gold is real? A simple acid test will give you confirmation. 2. Digital Scale. When weighing gold you want to be as precise as possible. We recommend a scale that is accurate to .01 or 1/100 gram. Karat Gold Values ...
This chart gives you an idea of the value of amount of gold per karat in yellow gold, assuming a price of $2,300 per troy ounce:Stamp Purity % gold Spot value 999 24 karat 99.9% $2,297.70 990 22 karat 99% $2,277 750 18 karat 75% $1,725 585 14 karat 58.3% $1,345.50 375 ...