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An ounce of 10K gold is around 452.00 dollars right now. The price of gold goes up and down daily.
10k gold is 41.7 per cent gold. if you know the spot price for gold per troy oz. you can do quick math and determine the value of the gold per gram. A troy ounce is 20 DWT. if you multiply the 20 penny weights by 1.555 you determine that there are 31.1 grams of 24k (pure) gold per troy ounce. Spot price is based on a troy ounce. if you divide the spot price by 31.1 that will give you the price per gram of 24k or 100 per cent gold. multiple the gram price by.417 to determine your 10k price per gram. Also, it doesn't really matter whether it is white or yellow gold. The gold purity stays the same no matter what the hue.
The monthly average price of gold stared the year 1970 in January at 39.44 U.S. dollars per troy ounce and ended in December at 37.44. Up till 1971 the value of the U.S. dollar was pegged to gold at $35 per ounce. After that time the price of gold increased substantially.
It is worth 10/24 of an ounce of pure 24 k gold
Gold is bought and sold based on the weight - be it per ounce or per gram. The ring would have to be weighed and the price calculated based on the price of gold that day.
in gold it is a measure of purity - in diamonds and precious stones it is a measure of size or weight.
The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.
Currently the price of gold per ounce is $1,421.45.
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How much is 1 gram of 10K GOLD WORTH? Ok....lets do the math - 1 Troy ounce =31.1034768 Grams (Gold is measured in Troy ounces)and 10k is 41.67 % gold and 58.33% Copper and gold is around $1000 per oz now. $1000 dollars per ounce divided by 31.1 Grams in a Troy ounce = $32 dollars...now divide that because 10k is only 41% gold and 59% Copper....Its about $13.
The average price for a troy ounce of gold in 1920 was $20.68
The average price per troy ounce of gold in 1909 was $18.96