14k Gold Value Calculator

Use this calculator to estimate the current market value of your 14k gold items based on their weight and the current spot price of pure gold.

Weight of 14k Gold (grams): Current Pure Gold Spot Price (per troy ounce):

Understanding 14k Gold Value

14k gold is a popular choice for jewelry due to its balance of durability, beauty, and affordability. The 'k' stands for karat, which is a unit of purity for gold. Pure gold is 24 karats. Therefore, 14k gold means that 14 parts out of 24 are pure gold, and the remaining 10 parts are other metals (like copper, silver, or nickel) added to increase its strength and alter its color.

How is 14k Gold Value Determined?

The value of your 14k gold is primarily determined by three factors:

Weight: The total weight of your 14k gold item. This is typically measured in grams or pennyweights.
Purity: For 14k gold, the purity is fixed at 14/24, or approximately 58.33% pure gold.
Current Spot Price of Pure Gold: This is the fluctuating market price of 24k (pure) gold, usually quoted per troy ounce.

The Calculation Explained

Our calculator uses the following steps to estimate the value:

Convert Spot Price to per Gram: The current spot price of pure gold (per troy ounce) is converted into a price per gram. (1 troy ounce = 31.1035 grams).
Apply Purity Factor: The price per gram of pure gold is then multiplied by the purity factor of 14k gold (14/24 or 0.5833). This gives you the value of one gram of 14k gold.
Multiply by Weight: Finally, this value per gram of 14k gold is multiplied by the total weight of your 14k gold item in grams to arrive at the estimated total value.

Example Calculation:

Let's say you have 10 grams of 14k gold, and the current spot price of pure gold is $2300 per troy ounce.

Pure Gold Price per Gram: $2300 / 31.1035 grams/ounce = $73.946 per gram (approx.)
Value of 1 gram of 14k Gold: $73.946 * (14/24) = $73.946 * 0.5833 = $43.19 per gram (approx.)
Total Value of 10 grams of 14k Gold: $43.19/gram * 10 grams = $431.90

Important Considerations:

This calculator provides an estimated melt value. When selling gold, jewelers or refiners will typically offer less than the melt value to cover their operating costs, refining fees, and profit margins. The condition of the item, its design, and whether it has any numismatic or antique value can also influence the actual selling price.

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