1. What is the 14k Gold Calculator?

The 14k Gold Calculator estimates the monetary value of gold items based on their weight, purity, and current gold price. It's particularly useful for jewelry valuation, scrap gold assessment, and investment tracking.

2. How Does the Calculator Work?

The calculator uses the gold value formula:

Where:

• \( Weight \) — Mass of gold item in grams
• \( Purity \) — Gold purity (0.5833 for 14k gold)
• \( Price\ per\ Gram \) — Current gold price in USD per gram

Explanation: The equation multiplies the physical weight by the gold content percentage and current market price to determine value.

3. Importance of Gold Value Calculation

Details: Accurate gold valuation is crucial for jewelry insurance, selling scrap gold, investment tracking, and estate valuation.

4. Using the Calculator

Tips: Enter weight in grams, purity (0.5833 for 14k gold), and current gold price per gram. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Why is 14k gold 58.33% pure?
A: 14k gold means 14 parts pure gold out of 24 total parts (14/24 = 0.5833 or 58.33% pure).

Q2: Where can I find current gold prices?
A: Check financial news websites, commodity exchanges, or local jewelers for current gold spot prices.

Q3: Does this calculator work for other karats?
A: Yes, just adjust the purity value (e.g., 0.750 for 18k, 0.916 for 22k).

Q4: Should I weigh jewelry with stones?
A: No, this calculator is for gold weight only. Remove non-gold components before weighing.

Q5: Is this the price I'll get when selling?
A: No, dealers typically pay less than spot price to account for refining costs and profit margins.