Here is a simple conversion tool to get a GOLD Karat Percentage
The Gold karat percentage of jewelries will tell you what percentage of gold it contains: 24 karat is 100 percent, 18 karat is 75 percent, and 14 karat is 58 percent gold. When comparing gold jewelry, the higher the number of karats, the greater the value. How to Calculate the Value of Scrap Gold Getting the value of a scrap gold is simple! Divide the karat by 24, then multiply that number by today's gold price per gram. Example, if you have 10KT gold and the current price of gold is $28.94 per gram ($900.00 / 31.1), then the price of your scrap gold is $28.94 x .4167 = $12.06 per gram. | |||||||||||||||||||||||||||
Wednesday, August 11, 2010
Gold Karat Percentage
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