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As far as I know, 18-kt gold is 18/24 or 75% pure gold.

18kt gold is 75% pure gold. Gold closed today at $1223.10 per ounce. There are 31.10 grams per TROY ounce. So a little math here will tell all: 31.10 (grams per ounce) divided by $1223.10 (price per ounce of gold) equals 39.328 or $39.33 dollars per gram of pure gold.

Now since you have 75% pure gold, take 39.33 (the price per gram of PURE gold)and multiply by .75 (again, 18kt gold is 75% pure) equals 29.497 or $29.50 per gram of 75%(18kt) gold. Yes a long answer but now you can figure it for yourself when the price of gold changes, and it does... daily.

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15y ago

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