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formula for calculating worth

worth = GP/24*k*w

keys

GP= present gold price in OZ/g

K= karats of your gold jewelry

W= weight of your jewelry in OZ/g

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As price changes every day , worth will also change. So calculate it by yourself.

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Wiki User

13y ago
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Wiki User

15y ago

You can find what the so-called "spot" price is by Googling the words SPOT PRICE GOLD. The rate changes every day so any specific value posted here would be out of date in 24 hours.

However the spot price is only loosely connected to the market price. You would probably have to pay about 5 or 10 percent more and could only sell for that same amount less than the spot price, because dealer who buys or sells has to make a profit on the transaction.

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Wiki User

14y ago

about $1,130 and i gots 3 ounces of 24 karot gold baby

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Wiki User

11y ago

1200 dolars and rising

Check out link below for today's price...

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Wiki User

11y ago

$1.00

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