formula for calculating worth
worth = GP/24*k*w
keys
GP= present gold price in OZ/gm get it from here http://goldprice.org/gold-price.html
K= karats of your gold jewelry
W= weight of your jewelry in OZ/gm
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As price changes every day , worth will also change. So calculate it by yourself.
$60
60
3,000.00
60 cents
1800
depends on the karats, either 60 or 105 bucks
nmobodyknows
2.8 million
For 24K Gold: 1 troy ounce = 31.10 grams 17.5 grams = .5627 troy ounces Multiply the price of gold by 0.5627 and you have your answer for 24KGold Example, if gold is worth $1700.00 USD per ounce, 17.5 grams = $956.59 USD ($1700*.05627=$956.59153) For 14K Gold (which is 14/24 pure) you must multiply this number by .5833. Example ($1700*.05627)*(.5833)=$557.98 WHY? Gold purity is measured on a scale of 24 karats. Pure Gold is 100% gold, or 24/24. 18 K gold is 75% gold (18/24) and 14K gold is not quite 60% gold. .5833 is the amount of gold in 14K gold (58.33% gold 41.67% not gold). 10K gold is 41.6% gold
24 is what percentage of 60?24/60 = 2/5 = 0.4 = 40%
10 karat gold is a combination of gold and other metals that is actually less than half gold. Because of that the value of 10 Karat gold is going to be much less than 'bullion' gold, probably as little as 25% of bullion gold because of the effort necessary to reclaim for pure gold from the mixture. I say that ten carrot gold is worth 60 to 1oo dollars
$81,622.20 as of July 25th 2012