$200 in todays market which is good for 10k gold
Answer: 2.5 Pwt = 3.88793 grams. I would need to know the Karat weight of the Gold to calculate a price.
I have 14 carot gold jewelry that weighs in at 9.6 pennyweight. How many ounces of gold is that? How much is the current market value for gold is that amount worth?
Caratage SystemOriginally, there were 24 silver pennies to a British pound and the weight of the penny was used as a measure in materials such as gold and silver. 24 karat refered to the fact that a pound of gold jewelry had 24 pennyweight of gold in the jewelry. 18 karat refered to the fact that a pound of the gold alloy jewelry had 18 pennyweight of gold and 6 pennyweight of other stuff. A "karat" of diamond, ruby, Sapphire or other stuff was the weight of the silver penny.
dwt (pennyweight) -- A dwt (pennyweight) is commonly used for weighing karat gold, and is equal to 24 grains, or 1/20th of a troy ounce, approx 1.5 grams.
Q
yes
Karat divided by 24Multiplied by spot priceDivided by 20 (pennyweight per troy ounce)Example:14 / 24 = .583 (percent gold).583 * $1505 = $877.42$877.42 / 20 = $43.87$43.87 is the price per pennyweight of 14k gold****Based on intraday spot rate on 5/12/11****
1/4 gold selling for in penny weight
A pennyweight is 1.555 gramsA gram of gold is worth about $30 US dollarsTherefore a pennyweight of gold is worth about $46.65 US dollars(price of gold fluctates daily, so this is only an approximation)
How much is 1 oz of 14 karat gold worth
What purity of gold is it? (ex: 14 karat? 18 karat?)
gold karats what are there values