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Pure gold is 24 karat.

12 karat gold contains 1/2 pure gold (12/24=50%).

14 karat gold is 14 parts pure gold and 10 parts other metal.

14/24 = .5833

So, 14 karat gold is 58.33% pure gold.

7.8 grams x 58.33% = 4.55 grams pure gold.

There are 28.35 grams to an ounce.

4.55 grams = (4.55/28.35) = .16049 or about 16.05% of an ounce.

ANSWER: Multiply current per ounce rate of 24K Gold by .1605

If Gold is at $1,000 per ounce,

then 7.8 grams of 14K gold is worth $160.50

(1,000 x .1605 = 160.50)

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Q: What is a ring which is 14 karats and weighs 7.3 grams worth?
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