The Fools Gold

I have a friend with a pure white gold pearl necklace, 40+ years old. I also have about 23 grams of 14k gold I’d like to cash in.
1) Is white gold more valuable than gold gold?
2) What is 12/3/10 valeu of 23 gram of 14k gold?

First, 14 K yellow gold and 14 K white gold contain the same percentage of gold and are worth exactly the same per gram. The difference is the metal that the gold is alloyed with - that is all. No difference in value.
You can find the price of gold per troy ounce here:
http://www.kitco.com/market/
You can get the price per gram of 24K gold by dividing the price per troy ounce by 31.1.
Once you get that, the price per gram of 14K gold is 14/24 or 58.3% of the price of 24K gold.

One Response

1. I. B. Zoxx Says:
   January 11th, 2010 at 2:50 pm

   First, 14 K yellow gold and 14 K white gold contain the same percentage of gold and are worth exactly the same per gram. The difference is the metal that the gold is alloyed with - that is all. No difference in value.
   You can find the price of gold per troy ounce here:
   http://www.kitco.com/market/
   You can get the price per gram of 24K gold by dividing the price per troy ounce by 31.1.
   Once you get that, the price per gram of 14K gold is 14/24 or 58.3% of the price of 24K gold.
   References :

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