eBay
  • Daily Deals
  • Gift Cards
  • Sell
  • Help & Contact
  • Shop Gifts

GOLD PRICES: HOW TO CALCULATE YOUR GOLD VALUE

sharktoy76
By Published by
GOLD PRICES: HOW TO CALCULATE YOUR GOLD VALUE
. Views . Comments Comment . 101 Votes

10k gold is actually 40 percent pure gold mixed with alloys, so when you want to know what its worth you do this. Say you have 5 grams of 10k gold. Divide 31.1 grams (Thats how many grams are in a ounce)from the gold value on the market (www.kitco.com ) Say today is 900 dollars a ounce. 900/31.1=$28 a gram. Now take 28 x .60(percent of alloys in 10k)=$16.8 .  Subtract 16.8 from 28=  $11.2 a gram is the true value of 10k which are gold for 5 grams would be worth $56 today. 

14k is 58.5 percent pure gold

18k is 78.5 percent pure gold.

Do the same steps for each of these but change the  percentage of gold for each when calculating.

Please let ebay know if I was helpful today by voting below!

Explore More
Choose a template

Additional site navigation