How much is a 14 karat gold necklace worth if weight is 1 oz?

Answer 1

If you have a 14k gold chain it is only worth 65% of what 1 oz of gold is worth

because 14k g.f. Is only 20% of the weight of a 1 oz chain

14k solid gold is 65% of a 1 oz gold chain

24k solid gold is a !00% of solid gold

if an oz of 24k solid gold is at a $1000 an oz

then a 14k solid gold chain is only worth $650

a 14k g.f. Chain is solid gold with an alloy for hardning pored over a metal core

14k solid gold is solid gold mixed with an alloy such as copper for hardning for longer ware

24k solid gold is solid gold with no alloys at all and is a very soft metal

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