100 gm +24 k = 14600 riyal
what is 24 carat gold price in dubai
Gold price
24
gold
A gold bar or ingot stamped by the registered manufacturer is 24 carrat or 99.99%
21400 for 100 grams on 30/6/2012, 9:00pm
A bar of 24 karat gold is pure gold. Any lower number, it is a mixture of gold with other metals.
A bullion bar is a solid gold bar made of 24 carat gold...it has a fineness of 999.9 and can come in all weights.
The key there is 100 mills. That means the bar is plated with a layer of gold that is 100 millionths of an inch think. Many sellers will use the term clad rather than played, however both mean the same thing. The value of the actual gold is around $0.02. However no gold company will touch these. It cost more to remove the gold plating than the value of the gold. So these bars are only worth their collectible value and have no actual previous metal value.
22 carat means 22/24, and refers to the purity. That's not the same as 98.5%. Gold prices change over time, so it is best to search the Web on "gold price" to get the updated price.
On Friday, 24 May 2008, the market price of gold was US$924 per troy ounce, so 75 troy ounces of pure gold would be worth about $69000. An alloy such as 10 karat gold or 14 karat gold is worth much less; also note that the troy ounce is about 10% larger than the more familiar "avoirdupois" ounce.______Remember to add about 3% to 5% to the spot price of gold is you want to buy a bar or bullion coin. I trade gold all day long and this is what it sells for. Not the spot price.