You Have to cheek it your self it changes every day
The value of 1 ounce of 24 karat gold metal in today market don't cost nothing. Because gold metal don't have stable world market price!
From my research, roughly $1,100 USD.
Actually you're probably asking how to value a 14-karat gold ring given a price you know for 24-karat gold.You can calculate the answer given the known value of 24-karat gold per ounce, by weighing the 14-karat gold ring to discover its weight.Then you can calculate the value of the gold using the 24-karat gold price, and divide this number by 24. Then multiply that number by 14, and you'll have the answer you want.
The two terms are not directly related. Ounce is a measure of weight. Karat is a measure of purity. An ounce of gold can be 1 karat or 24 karat or anything in between.
Yes, 24 karat gold is considered pure gold and is worth more than lower karat gold. Its value is based on the current market price for gold, which fluctuates daily. Gold is a precious metal and is commonly used for jewelry, investment, and as a store of value.
There is no 18 Karat gold in an ounce of 24 Karat gold because 24 Karat gold is pure. 18 Karat gold is alloyed with another metal to make it wear longer. There are approx. 31.1 grams of 24 karat gold in a troy oz. A troy oz. is smaller than a regular oz. It would take more than 31.1 grams of 18 Karat gold to equal the pure gold content of 1 oz. of 24 Karat gold.
Spot price of 1 troy ounce of gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce. 18 karat gold is 75 percent gold, so take the TROY ounce weight for the 18 karat gold item times .75 to get the PURE 24 karat gold amount, then multiply that by 1340. 1 troy ounce of 18 karat gold is worth $1005 dollars. 1 troy ounce is equal to 31.1034768 grams, or 1.09714286 US ounces, (so you need MORE than one US ounce of pure 24 karat gold to get the spot price of a TROY ounce of gold!)
Karat in this context is a purity measurement, not a weight measurement. Today's price for one troy ounce of 24 karat gold (2010August2) is US$1,182.
Right now as of July 3rd 2010, the price of gold is $1200 a Troy Ounce. A Troy Ounce is about 31.1 grams so: 1200/31.1 * 41.75 = $1610 for 24 karat gold Regards
Removing all of the impurities in the 10 karat gold will leave you with 24 karat gold.
The word you are looking for is karat. This measures the pureness of gold while a carat measures the weight of a precious stone. 24 karat gold is pure gold regardless of weight.
24 KGB means 24 Karat Gold Bonded. This means that a thin layer of 24 karat gold has been used to coat another metal. the value will depend on the value of the underlying metal and the thickness of the gold overlay.
Spot price of 1 troy ounce of gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce. 18 karat gold is 75 percent gold, so take the TROY ounce weight for the 18 karat gold item times .75 to get the PURE 24 karat gold amount, then multiply that by 1340.1 troy ounce of 18 karat gold is worth $1005 dollars.1 troy ounce is equal to 31.1034768 grams, or 1.09714286 US ounces,(so you need MORE than one US ounce of pure 24 karat gold to get the spot price of a TROY ounce of gold!)Another AnswerYou can pick up 18 carrots at the local produce stand for less than two dollars US.
18 Karat gold is 75% of the value of 24 Karat Fine Gold. Therefore, if fine gold is worth $1,000.00 an ounce, one ounce of 18K Karat Gold would be worth about $750.00. This rate depends on factors other than weight such as the type of alloys used and what the object made out of the gold is. If it is a complicated piece of jewelry there would also be a value for the labor factored in to raise the value. If it was made by an outstanding designer or a historical style the value would be higher than the gold content. Keep in mind that if you are intending to sell any gold content jewelry for scrap you will be selling at a greatly discounted rate as the gold must be broken down to be refined. You will not be getting the full Spot value for the gold.