18 Karat gold is 75% of the value of 24 Karat Fine Gold. Therefore, if fine gold is worth $1,000.00 an ounce, one ounce of 18K Karat Gold would be worth about $750.00. This rate depends on factors other than weight such as the type of alloys used and what the object made out of the gold is. If it is a complicated piece of jewelry there would also be a value for the labor factored in to raise the value. If it was made by an outstanding designer or a historical style the value would be higher than the gold content.
Keep in mind that if you are intending to sell any gold content jewelry for scrap you will be selling at a greatly discounted rate as the gold must be broken down to be refined. You will not be getting the full Spot value for the gold.
21 karat gold is 87.5% pure gold.
The gold content in 14 karat is 58.3%.
Pure gold is 24 karats, there is no such grade for gold at 63 karat. No matter how much gold you have you cannot have a higher purity for gold than 24 karat
I want to know how much does 10 karat gold cost
What purity of gold is it? (ex: 14 karat? 18 karat?)
How much is 1 oz of 14 karat gold worth
24 karat gold is pure gold. 22 karat gold is only about 92% pure, so you should expect it to be slightly cheaper ... but not much, because whatever it's alloyed with has some value also (probably not as much as gold, though).
Karat purity for gold is a 24 point scale. 14k is about 58% pure.
Karat (K) is the number of parts, by weight, of gold. The higher the percentage of pure gold, the higher the karat. For e.g., 14 karat gold is 58% gold, 18 karat gold is 75% gold and 24k gold is pure. 22k gold is 91.67% gold.
24 karat gold is 100% gold, 18 karat gold is 75% gold, 14 karat gold is 58.3% gold, and 10 karat gold is 41.7% gold. The remaining percentage in each karat weight consists of other metals like silver, copper, and zinc, which are added to improve the durability and color of the gold.
$14000
Karat in this context is a purity measurement, not a weight measurement. Today's price for one troy ounce of 24 karat gold (2010August2) is US$1,182.