Answer
Apr 18, 2025 - 08:12 AM
To determine the value of 14K gold, first identify the current market price of pure gold, typically quoted per ounce or gram. Since 14K gold is 58.3% pure gold, multiply the market price by 0.583 to find the value per unit of 14K gold. Then, weigh the gold piece and multiply its weight by the adjusted price to estimate its total value.