Gold Calculations - Definitions, 18K, 14K, 12K, 10K



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Calculate Value of Gold in Jewelry










If you have ever wondered about how much gold there actually is in a 14K gold bracelet, this formula will show you how to calculate the value.

Gold in weighted in Troy ounces. One Troy ounce equals 1.097 ordinary ounces. There are 31.1034768 grams in a Troy ounce. For ease in presenting our example, we are going to use a value of $1,000 per ounce.

Assuming you have a 14K gold bracelet (no gems) weighing 1.5 grams, the formula below will give your the actual gold value. Before beginning you need to know the percentage of gold content for the various gold used in jewelry.


US Gold Marks
Percentage of Gold
24K
100%
18K
75%
14K
58.3%
12K
50%
10K
41.7%


Using the chart above you can see that 14K is 58.3% gold. You can then calculate the value of actual gold contained in the bracelet.

Here are the steps to calculate gold value only:

  1. Divide the 'Market Value of Gold' by 31.1 to get 'Gram Value'
  2. Multiply the 'Gram Value' x the Gram weight of the item to get 'Value"
  3. Multiply 'Value' x the karat percentage of gold content of item (in this case 58.3%)
  4. Answer = Gold value for that item
Equation for 14K gold item using $1,000 as value for 1 ounce of gold is:

Equation for how to calculate the gold value for jewelry



The gold percentage for the different karats would need to be changed when calculating values for 10K, 18K or 24K gold content.

For more helpful information on the metal alloy content of rose, yellow, white and green gold; additional weight designations; definitions for Vermeil and rolled-gold - visit Texas Antique Mall Compendium - GOLD .


If you've been thinking about collecting or investing in gold, visit www.goldcoins-silverbullion.com for current gold values, gold information and excellent buys.

FREE Online Tools for Calculating Ounces to Grams AND $$$ Value of Gold Jewelry






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