14k Gold Price per Gram Calculator

14k Gold Price Per Gram Calculator

(e.g., 2300 for $2300 per troy ounce)

(e.g., 10 for a 10-gram item)

(e.g., 10 for a 10% markup)

function calculateGoldPrice() { var spotPricePerOz = parseFloat(document.getElementById('spotPricePerOz').value); var itemWeightGrams = parseFloat(document.getElementById('itemWeightGrams').value); var dealerMarkupPercent = parseFloat(document.getElementById('dealerMarkupPercent').value); var resultDiv = document.getElementById('result'); if (isNaN(spotPricePerOz) || isNaN(itemWeightGrams) || isNaN(dealerMarkupPercent) || spotPricePerOz <= 0 || itemWeightGrams <= 0 || dealerMarkupPercent < 0) { resultDiv.innerHTML = 'Please enter valid positive numbers for all fields.'; return; } var troyOunceToGram = 31.1035; // 1 troy ounce = 31.1035 grams var fourteenKaratPurity = 14 / 24; // 14k gold is 14 parts pure gold out of 24 // Step 1: Calculate pure gold price per gram var pureGoldPricePerGram = spotPricePerOz / troyOunceToGram; // Step 2: Calculate 14k gold melt value per gram var fourteenKGoldMeltValuePerGram = pureGoldPricePerGram * fourteenKaratPurity; // Step 3: Calculate total 14k gold melt value for the item var totalFourteenKGoldMeltValue = fourteenKGoldMeltValuePerGram * itemWeightGrams; // Step 4: Apply dealer markup var markupFactor = 1 + (dealerMarkupPercent / 100); var estimatedFourteenKGoldPricePerGram = fourteenKGoldMeltValuePerGram * markupFactor; var estimatedTotalFourteenKGoldPrice = totalFourteenKGoldMeltValue * markupFactor; resultDiv.innerHTML = '

Calculation Results:

' + 'Pure Gold Price per Gram: $' + pureGoldPricePerGram.toFixed(2) + " + '14k Gold Melt Value per Gram: $' + fourteenKGoldMeltValuePerGram.toFixed(2) + " + 'Total 14k Gold Melt Value (for ' + itemWeightGrams.toFixed(2) + 'g): $' + totalFourteenKGoldMeltValue.toFixed(2) + " + '

---

' + 'Estimated 14k Gold Price per Gram (with ' + dealerMarkupPercent.toFixed(0) + '% markup): $' + estimatedFourteenKGoldPricePerGram.toFixed(2) + '' + 'Estimated Total 14k Gold Price (for ' + itemWeightGrams.toFixed(2) + 'g with ' + dealerMarkupPercent.toFixed(0) + '% markup): $' + estimatedTotalFourteenKGoldPrice.toFixed(2) + ''; }

Understanding 14k Gold Price Per Gram

Gold is a precious metal valued for its beauty, rarity, and investment potential. When you're looking to buy or sell gold jewelry, understanding its true value, especially for specific purities like 14k gold, is crucial. This calculator helps you estimate the price per gram of 14k gold based on current market conditions.

What is 14k Gold?

Gold purity is measured in karats (k). Pure gold is 24k, meaning it is 100% gold. However, pure gold is very soft and often mixed with other metals like copper, silver, or zinc to increase its durability and alter its color. 14k gold means that 14 parts out of 24 parts of the metal alloy are pure gold. This translates to approximately 58.3% pure gold (14/24 = 0.5833).

14k gold is a popular choice for jewelry due to its balance of durability and gold content, making it more resistant to scratches and dents than higher karat gold, while still retaining a significant gold value.

How Gold is Priced

The price of gold is primarily driven by the "spot price," which is the current market price for one troy ounce of pure gold. A troy ounce is a standard unit of measurement for precious metals and is equivalent to approximately 31.1035 grams.

When calculating the value of gold jewelry, several factors come into play:

1. Spot Gold Price: This is the foundational price for pure gold.
2. Purity (Karat): Since 14k gold is not pure, its value is a fraction of the pure gold price.
3. Weight: The total weight of the gold item in grams determines the overall gold content.
4. Dealer Markup/Premium: Jewelers and dealers add a premium to the melt value of gold to cover their operational costs, craftsmanship (if applicable), and profit margins. This markup can vary significantly.

How the Calculator Works

Our 14k Gold Price Per Gram Calculator uses the following steps to provide an estimate:

1. Convert Spot Price to Grams: The current spot gold price (per troy ounce) is divided by 31.1035 to get the price of one gram of pure gold.
2. Calculate 14k Melt Value per Gram: This pure gold price per gram is then multiplied by the purity of 14k gold (14/24 or 0.5833) to find the melt value of one gram of 14k gold.
3. Determine Total Melt Value: The 14k melt value per gram is multiplied by the total weight of your 14k gold item in grams.
4. Apply Dealer Markup: Finally, a user-defined dealer markup percentage is applied to both the 14k gold melt value per gram and the total melt value to give you an estimated real-world price. This accounts for the cost of manufacturing, design, and profit margins.

Example Calculation

Let's say:

• Current Spot Gold Price: $2300 per troy ounce
• Weight of 14k Gold Item: 10 grams
• Dealer Markup: 10%

1. Pure Gold Price per Gram: $2300 / 31.1035 = $73.95 per gram
2. 14k Gold Melt Value per Gram: $73.95 * (14/24) = $73.95 * 0.5833 = $43.19 per gram
3. Total 14k Gold Melt Value (10g): $43.19 * 10 = $431.90
4. Estimated 14k Gold Price per Gram (with 10% markup): $43.19 * 1.10 = $47.51 per gram
5. Estimated Total 14k Gold Price (10g with 10% markup): $431.90 * 1.10 = $475.09

This calculator provides a valuable tool for both buyers and sellers to get a realistic estimate of 14k gold's market value.