Answer
Jun 12, 2025 - 08:52 AM
The value of a 14 karat gold necklace depends on several factors, including the current market price of gold, the necklace's weight, and any additional craftsmanship or design elements. As of the latest data, 14 karat gold is approximately 58.3% pure gold, so you would multiply the necklace's weight by this purity percentage and then by the current price per gram of gold to estimate its intrinsic value. Keep in mind that retail prices may also include markups for design, brand, and other factors.
