1. What is 14k Gold?

14 karat (14k) gold is an alloy containing 58.33% pure gold mixed with other metals for durability. It's a popular choice for jewelry as it offers a good balance between purity and strength.

2. How the Calculation Works

The calculator uses the following formula:

Where:

• Spot Price — Current market price of pure gold per gram
• 0.5833 — The gold purity factor for 14k gold (58.33% pure gold)

Explanation: Since 14k gold is 58.33% pure gold, its value is calculated as 58.33% of the current spot price of pure gold.

3. Importance of Gold Purity

Details: Gold purity is measured in karats (k), with 24k being pure gold. Lower karat values indicate alloys with other metals, affecting both the value and properties of the gold.

4. Using the Calculator

Tips: Enter the current spot price of gold per gram in USD. The calculator will automatically compute the value of 14k gold per gram based on its purity.

5. Frequently Asked Questions (FAQ)

Q1: Why isn't 14k gold worth the same as pure gold?
A: 14k gold contains only 58.33% pure gold - the rest is alloy metals that add durability but don't have the same value as gold.

Q2: How often does the spot price change?
A: Gold spot prices fluctuate constantly during market hours based on global supply and demand.

Q3: Where can I find the current gold spot price?
A: Spot prices are available from financial news sources, commodity exchanges, and many jewelry websites.

Q4: Does this calculation include making charges?
A: No, this calculates only the metal value. Jewelry typically costs more due to craftsmanship, design, and retail markup.

Q5: How does 14k compare to other gold purities?
A: 18k is 75% pure, 22k is 91.6% pure, and 24k is 100% pure gold. Higher purity means softer but more valuable gold.