it is worth approxiamately 921.75
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What purity of gold is it? (ex: 14 karat? 18 karat?)
How much is 1.8 g 14 karat gold worth
How much is 1 oz of 14 karat gold worth
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 = .5833So, 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 .1605If Gold is at $1,000 per ounce,then 7.8 grams of 14K gold is worth $160.50(1,000 x .1605 = 160.50)
Karat purity for gold is a 24 point scale. 14k is about 58% pure.