14k Gold Price Per Gram Calculator | Instant Value Estimate
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14k Gold Price Per Gram Calculator
Instantly estimate the value of your 14k gold based on current market prices.
Estimated Value
$0.00
Formula: (Weight in Grams) * (Price of Pure Gold per Gram) * (Karat / 24)
Value Trend: Varying Pure Gold Prices
Comparison of estimated 14k gold value for a fixed weight (10g) across different pure gold prices.
14k Gold Value Breakdown
| Metric |
Value (10g Example) |
| Weight of 14k Gold |
10.00 g |
| Selected Purity (Karat) |
14k |
| Pure Gold Content in 14k |
0.583 (58.3%) |
| Pure Gold Price Used |
$70.00 /g |
| Calculated 14k Price per Gram |
$40.60 /g |
| Total Estimated 14k Value |
$406.00 |
Results copied to clipboard!
Understanding the 14k Gold Price Per Gram Calculator
What is the 14k Gold Price Per Gram Calculator?
The 14k gold price per gram calculator is a specialized financial tool designed to help individuals and businesses quickly estimate the intrinsic value of gold items that are stamped with a "14k" or "585" purity mark. This calculator takes into account the current market price of pure gold (24 karat) and adjusts it based on the lower purity of 14k gold to provide a precise per-gram valuation. It simplifies the complex process of determining the melt value of gold jewelry, coins, or scrap, making it accessible to everyone from casual sellers to professional jewelers.
Who should use it:
- Individuals selling gold jewelry or scrap.
- Jewelry store owners and pawnshops assessing items for purchase or resale.
- Collectors and investors wanting to understand the material value of their gold holdings.
- Anyone curious about the fluctuating worth of their gold possessions.
Common misconceptions:
- "14k gold is worth half as much as pure gold." This is a simplification. While 14k gold is 14/24ths pure (approximately 58.3%), its value is directly proportional to the pure gold content, not a flat 50%. The calculator clarifies this precise relationship.
- "All 14k gold has the same price per gram." The price is dependent on the daily spot price of pure gold, which fluctuates. This calculator uses the current market rate for pure gold as a base.
- "The calculator includes craftsmanship or sentimental value." This tool estimates only the melt value or intrinsic material worth. It does not factor in design, brand, gemstones, or historical significance, which can affect retail price but not pure gold content value.
14k Gold Price Per Gram Calculator Formula and Mathematical Explanation
The core of the 14k gold price per gram calculator relies on a straightforward formula that converts the price of pure gold to the price of 14k gold, then multiplies it by the weight of the item.
The Formula:
Estimated 14k Gold Value = (Weight in Grams) × (Current Price of Pure Gold per Gram) × (Karat Purity / 24)
Step-by-step derivation:
- Determine Karat Purity Fraction: Gold purity is measured in karats (k), where 24k represents pure gold (99.9% fine). 14k gold means that out of 24 parts, 14 are pure gold. The fraction representing the pure gold content is therefore 14/24.
- Calculate Value Based on Pure Gold Price: If you know the current market price of pure (24k) gold per gram, you can find the value of the pure gold component within the 14k item.
- Adjust for 14k Purity: Multiply the value derived from pure gold by the purity fraction (14/24). This gives you the price of 14k gold per gram.
- Calculate Total Value: Multiply the calculated 14k gold price per gram by the total weight of the 14k gold item in grams to get the final estimated melt value.
Variable Explanations:
- Weight in Grams: The total mass of the 14k gold item being valued.
- Current Price of Pure Gold per Gram: The real-time market price of 24k gold, often referred to as the "spot price."
- Karat Purity: The gold standard of the item (e.g., 14 for 14k gold).
- 24: The total number of parts in pure gold (24 karat).
Variables Table:
| Variable |
Meaning |
Unit |
Typical Range |
| Weight in Grams |
Mass of the 14k gold item. |
grams (g) |
0.1 g to 1000+ g |
| Current Price of Pure Gold per Gram |
Market price of 24k gold. |
Currency units (e.g., USD, EUR) per gram |
$50 – $100+ (highly variable) |
| Karat Purity |
Measure of gold alloy fineness. |
Karat (k) |
10k, 14k, 18k, 22k, 24k |
| Purity Fraction (Karat / 24) |
Proportion of pure gold in the alloy. |
Unitless |
Approx. 0.417 (10k) to 0.917 (22k) |
Practical Examples (Real-World Use Cases)
Let's illustrate how the 14k gold price per gram calculator works with practical scenarios:
Example 1: Valuing a 14k Gold Bracelet
- Scenario: Sarah has a 14k gold bracelet weighing 15 grams. The current market price for pure (24k) gold is $72.00 per gram.
- Inputs:
- Weight of 14k Gold: 15 grams
- Current Price of Pure Gold (24k) per Gram: $72.00
- Gold Purity: 14k
- Calculation:
- 14k Purity Fraction = 14 / 24 ≈ 0.5833
- 14k Gold Price per Gram = $72.00 × 0.5833 ≈ $42.00
- Total Estimated Value = 15 grams × $42.00/gram = $630.00
- Result Interpretation: The bracelet's intrinsic melt value is estimated at $630.00. This is the amount a refiner might offer for the gold content.
Example 2: Estimating Value of Scrap 14k Gold
- Scenario: A jeweler receives a bag of mixed 14k gold scrap weighing 50 grams. The spot price for 24k gold is $75.50 per gram.
- Inputs:
- Weight of 14k Gold: 50 grams
- Current Price of Pure Gold (24k) per Gram: $75.50
- Gold Purity: 14k
- Calculation:
- 14k Purity Fraction = 14 / 24 ≈ 0.5833
- 14k Gold Price per Gram = $75.50 × 0.5833 ≈ $44.00
- Total Estimated Value = 50 grams × $44.00/gram = $2,200.00
- Result Interpretation: The estimated scrap value of the 50 grams of 14k gold is $2,200.00. This helps the jeweler make a fair offer or price it for resale.
How to Use This 14k Gold Price Per Gram Calculator
Using the 14k gold price per gram calculator is simple and intuitive. Follow these steps:
- Step 1: Weigh Your Gold: Accurately weigh your 14k gold item(s) using a precise digital scale. Ensure the weight is in grams. Enter this amount into the "Weight of 14k Gold (in grams)" field.
- Step 2: Find the Current 24k Gold Price: Look up the current spot price of pure (24k) gold per gram from a reliable financial news source, commodity trading website, or reputable precious metals dealer. Enter this value into the "Current Market Price of Pure Gold (24k) per Gram" field.
- Step 3: Confirm Purity (Optional but Recommended): While the calculator defaults to 14k, you can select a different karat from the dropdown menu if your item is a different purity (e.g., 18k).
- Step 4: Calculate: Click the "Calculate Value" button.
How to read results:
- Primary Result (Final Value): This large, highlighted number is the estimated total melt value of your 14k gold based on the inputs.
- Intermediate Values: These show the calculated price of pure gold per gram used in the calculation, the pure gold content in 14k, and the resulting price of 14k gold per gram.
- Table and Chart: The table provides a detailed breakdown of the example calculation, while the chart visualizes how the value changes with fluctuations in the pure gold price.
Decision-making guidance:
The calculated value represents the gold's intrinsic worth. When selling, expect offers to be slightly lower than this figure, as buyers (like refineries or dealers) need to account for their operational costs, refining fees, and profit margins. If the offer is significantly lower than the calculated value, it may indicate the buyer is not offering a fair price for the gold content or is factoring in other costs.
Key Factors That Affect 14k Gold Price Per Gram Results
While the 14k gold price per gram calculator provides a solid estimate, several external factors influence the actual price you might get or pay:
- Global Gold Spot Price: This is the most significant factor. The daily price of gold is influenced by global economic stability, inflation rates, currency fluctuations (especially the US dollar), central bank policies, and geopolitical events. Higher spot prices lead to higher calculator outputs.
- Market Demand and Supply: Like any commodity, gold prices are affected by supply (mining output, recycled gold) and demand (jewelry, investment, industrial use). Strong demand or constrained supply can push prices up.
- Refining Costs and Fees: When selling scrap gold, refiners charge fees for the process of extracting the pure gold. These costs are deducted from the gross value, reducing the final payout. This is why scrap prices are typically lower than the pure gold spot price multiplied by the purity fraction.
- Buyer's Profit Margin: Jewelers, pawn shops, or dealers buying your gold need to make a profit. They will offer a price below the calculated melt value to allow for resale markup, potential repairs, or other business expenses.
- Condition and Aesthetics: While this calculator focuses on melt value, the retail price of 14k gold jewelry can be significantly higher if the item is well-crafted, in excellent condition, from a known brand, or features valuable gemstones. However, for scrap, condition is largely irrelevant.
- Currency Exchange Rates: Gold is predominantly priced in US dollars globally. Fluctuations in your local currency against the USD can affect the perceived value in your local currency, even if the USD spot price remains constant.
- Inflation: Historically, gold is seen as an inflation hedge. During periods of high inflation, investors may flock to gold, increasing demand and potentially its price.
Frequently Asked Questions (FAQ)
- What does 14k mean?
- 14k (karat) gold means the alloy is composed of 14 parts pure gold and 10 parts other metals (like copper, silver, zinc, or nickel) to increase its hardness and durability. This equates to approximately 58.3% pure gold content (14/24).
- Is the calculator price the same as what a jeweler will pay?
- No. The calculator provides the estimated melt value based on gold content. Jewelers or buyers will typically offer less to cover their costs and profit margin.
- Can I use this for 14k gold-filled or plated items?
- No. This calculator is designed exclusively for solid 14k gold. Gold-filled and gold-plated items have only a very thin layer of gold and are worth significantly less than their solid counterparts.
- How often does the price of gold change?
- The global spot price of gold fluctuates constantly throughout the trading day, influenced by market forces. However, for practical purposes, prices are often quoted daily.
- What is the difference between 14k and 18k gold value?
- 18k gold is purer (18/24ths or 75% pure gold) than 14k gold (14/24ths or 58.3% pure gold). Therefore, at the same weight and based on the same pure gold spot price, 18k gold will always be worth more per gram than 14k gold.
- Does the calculator account for gemstones in jewelry?
- No. This calculator focuses solely on the weight and purity of the gold itself. Gemstones (like diamonds or colored stones) are valued separately and are not included in this calculation.
- Where can I find the current price of pure gold?
- Reliable sources include major financial news websites (e.g., Bloomberg, Reuters), commodity market data providers, and reputable bullion dealer websites. Ensure you are looking at the price per gram for 24k gold.
- What if my gold item has other metals mixed in besides the alloys for 14k?
- The 14k purity (14/24) already accounts for the non-gold metals used to alloy it for durability. If your item is explicitly marked 14k, it signifies that standard 14k alloy composition. If it's an unknown mix, it's best to get it professionally tested.
Related Tools and Internal Resources
var chartInstance = null; // Global variable to hold chart instance
function calculatePrice() {
var gramsInput = document.getElementById("gramsInput");
var karatPricePerGramInput = document.getElementById("karatPricePerGram");
var goldPuritySelect = document.getElementById("goldPurity");
var gramsError = document.getElementById("gramsError");
var karatPricePerGramError = document.getElementById("karatPricePerGramError");
var goldPurityError = document.getElementById("goldPurityError");
var finalValueDisplay = document.getElementById("finalValue");
var karatContentPerGramDisplay = document.getElementById("karatContentPerGram");
var priceOfPureGoldDisplay = document.getElementById("priceOfPureGold");
var pricePerGram14kDisplay = document.getElementById("pricePerGram14k");
var tableWeight = document.getElementById("tableWeight");
var tablePurity = document.getElementById("tablePurity");
var tablePureGoldContent = document.getElementById("tablePureGoldContent");
var tablePureGoldPrice = document.getElementById("tablePureGoldPrice");
var table14kPricePerGram = document.getElementById("table14kPricePerGram");
var tableTotalValue = document.getElementById("tableTotalValue");
// Reset errors
gramsError.textContent = "";
karatPricePerGramError.textContent = "";
goldPurityError.textContent = "";
// Get values and validate
var grams = parseFloat(gramsInput.value);
var karatPricePerGram = parseFloat(karatPricePerGramInput.value);
var selectedPurity = parseInt(goldPuritySelect.value);
var isValid = true;
if (isNaN(grams) || grams <= 0) {
gramsError.textContent = "Please enter a valid weight greater than zero.";
isValid = false;
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if (isNaN(karatPricePerGram) || karatPricePerGram <= 0) {
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// Calculations
var pureGoldContentFraction = selectedPurity / 24;
var pricePerGram14k = karatPricePerGram * pureGoldContentFraction;
var totalValue = grams * pricePerGram14k;
// Formatting for display
var formattedPricePerGram14k = pricePerGram14k.toFixed(2);
var formattedTotalValue = totalValue.toFixed(2);
var formattedKaratContent = pureGoldContentFraction.toFixed(3); // e.g., 0.583
// Display results
finalValueDisplay.textContent = "$" + formattedTotalValue;
karatContentPerGramDisplay.textContent = (pureGoldContentFraction * 100).toFixed(1) + "%"; // Display as percentage
priceOfPureGoldDisplay.textContent = "$" + karatPricePerGram.toFixed(2);
pricePerGram14kDisplay.textContent = "$" + formattedPricePerGram14k;
// Update table
tableWeight.textContent = grams.toFixed(2) + " g";
tablePurity.textContent = selectedPurity + "k";
tablePureGoldContent.textContent = formattedKaratContent + " (" + (pureGoldContentFraction * 100).toFixed(1) + "%)";
tablePureGoldPrice.textContent = "$" + karatPricePerGram.toFixed(2) + " /g";
table14kPricePerGram.textContent = "$" + formattedPricePerGram14k + " /g";
tableTotalValue.textContent = "$" + formattedTotalValue;
updateChart(grams, karatPricePerGram, selectedPurity);
}
function resetCalculator() {
document.getElementById("gramsInput").value = "10";
document.getElementById("karatPricePerGram").value = "70";
document.getElementById("goldPurity").value = "14";
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document.getElementById("karatPricePerGramError").textContent = "";
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document.getElementById("karatContentPerGram").textContent = "0.00";
document.getElementById("priceOfPureGold").textContent = "$0.00";
document.getElementById("pricePerGram14k").textContent = "$0.00";
// Reset table
document.getElementById("tableWeight").textContent = "10.00 g";
document.getElementById("tablePurity").textContent = "14k";
document.getElementById("tablePureGoldContent").textContent = "0.583 (58.3%)";
document.getElementById("tablePureGoldPrice").textContent = "$70.00 /g";
document.getElementById("table14kPricePerGram").textContent = "$40.60 /g";
document.getElementById("tableTotalValue").textContent = "$406.00";
// Reset chart if it exists
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// Re-initialize chart with default values after reset, but only if the canvas exists
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function copyResults() {
var finalValue = document.getElementById("finalValue").textContent;
var karatContent = document.getElementById("karatContentPerGram").textContent;
var priceOfPureGold = document.getElementById("priceOfPureGold").textContent;
var pricePerGram14k = document.getElementById("pricePerGram14k").textContent;
var tableWeight = document.getElementById("tableWeight").textContent;
var tablePurity = document.getElementById("tablePurity").textContent;
var tablePureGoldContent = document.getElementById("tablePureGoldContent").textContent;
var tablePureGoldPrice = document.getElementById("tablePureGoldPrice").textContent;
var table14kPricePerGram = document.getElementById("table14kPricePerGram").textContent;
var tableTotalValue = document.getElementById("tableTotalValue").textContent;
var textToCopy = "— 14k Gold Value Calculation —\n\n";
textToCopy += "Estimated Total Value: " + finalValue + "\n";
textToCopy += "Pure Gold Content: " + karatContent + "\n";
textToCopy += "Pure Gold Price Used: " + priceOfPureGold + "\n";
textToCopy += "Calculated 14k Price per Gram: " + pricePerGram14k + "\n\n";
textToCopy += "— Details —\n";
textToCopy += "Weight: " + tableWeight + "\n";
textToCopy += "Purity: " + tablePurity + "\n";
textToCopy += "Pure Gold Content (Alloy): " + tablePureGoldContent + "\n";
textToCopy += "Pure Gold Price: " + tablePureGoldPrice + "\n";
textToCopy += "14k Price per Gram: " + table14kPricePerGram + "\n";
textToCopy += "Total Estimated Value: " + tableTotalValue + "\n";
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function drawChart(ctx, initialGrams, initialKaratPrice, initialPurity) {
var labels = [];
var dataSeries1 = []; // Pure Gold Price
var dataSeries2 = []; // 14k Value per Gram
var dataSeries3 = []; // Total 14k Value
// Generate data points for the chart
// Let's assume pure gold price fluctuates around the initial input
var basePureGoldPrice = initialKaratPrice;
var purityFraction = initialPurity / 24;
// Adjust the range of prices for the chart to be dynamic and realistic
var priceRangeMultiplier = 0.2; // Show prices 20% higher and lower
var minPureGoldPrice = basePureGoldPrice * (1 – priceRangeMultiplier);
var maxPureGoldPrice = basePureGoldPrice * (1 + priceRangeMultiplier);
// Ensure minimum prices are positive
if (minPureGoldPrice <= 0) minPureGoldPrice = 1;
// Number of data points for the chart
var numPoints = 10;
var step = (maxPureGoldPrice – minPureGoldPrice) / (numPoints – 1);
for (var i = 0; i < numPoints; i++) {
var currentPureGoldPrice = minPureGoldPrice + i * step;
var current14kPricePerGram = currentPureGoldPrice * purityFraction;
var currentTotalValue = initialGrams * current14kPricePerGram;
labels.push('$' + currentPureGoldPrice.toFixed(2));
dataSeries1.push(currentPureGoldPrice); // Pure Gold Price per Gram
dataSeries2.push(current14kPricePerGram); // 14k Price per Gram
dataSeries3.push(currentTotalValue); // Total 14k Value for the given grams
}
var chartData = {
labels: labels,
datasets: [{
label: 'Pure Gold Price ($/g)',
data: dataSeries1,
borderColor: 'rgb(255, 165, 0)', // Orange
backgroundColor: 'rgba(255, 165, 0, 0.2)',
fill: false,
tension: 0.1,
yAxisID: 'y1' // Assign to the first Y-axis
}, {
label: 'Total 14k Value ($)',
data: dataSeries3,
borderColor: 'var(–primary-color)',
backgroundColor: 'rgba(0, 74, 153, 0.2)',
fill: false,
tension: 0.1,
yAxisID: 'y2' // Assign to the second Y-axis
}]
};
chartInstance = new Chart(ctx, {
type: 'line',
data: chartData,
options: {
responsive: true,
maintainAspectRatio: false,
scales: {
x: {
title: {
display: true,
text: 'Pure Gold Price ($/gram)'
}
},
y1: { // First Y-axis for $/g
type: 'linear',
position: 'left',
title: {
display: true,
text: 'Price ($/gram)'
},
ticks: {
callback: function(value) {
return '$' + value.toFixed(2);
}
}
},
y2: { // Second Y-axis for total value
type: 'linear',
position: 'right',
title: {
display: true,
text: 'Total Value ($)'
},
ticks: {
callback: function(value) {
return '$' + value.toFixed(0);
}
},
// Ensure y2 starts at 0, unless all values are very high
min: 0,
grace: '10%' // Add some space at the top
}
},
plugins: {
legend: {
position: 'top',
},
title: {
display: true,
text: 'Impact of Pure Gold Price on 14k Value (Fixed Weight)'
}
}
}
});
}
function updateChart(grams, karatPricePerGram, selectedPurity) {
if (chartInstance) {
chartInstance.destroy(); // Destroy previous chart instance
}
var ctx = document.getElementById('valueTrendChart').getContext('2d');
if (ctx) {
drawChart(ctx, grams, karatPricePerGram, selectedPurity);
}
}
// Initial calculation and chart draw on page load
window.onload = function() {
// Add Chart.js library dynamically if not present
if (typeof Chart === 'undefined') {
var script = document.createElement('script');
script.src = 'https://cdn.jsdelivr.net/npm/chart.js';
script.onload = function() {
// Chart.js loaded, now proceed with initial calculation and drawing
calculatePrice();
};
document.head.appendChild(script);
} else {
// Chart.js is already loaded (e.g., if embedded differently)
calculatePrice();
}
// Ensure reset button also updates chart if it was destroyed
document.querySelector('.btn-reset').addEventListener('click', function() {
resetCalculator();
// Recalculate and redraw chart after reset
var ctx = document.getElementById('valueTrendChart').getContext('2d');
if (ctx) {
drawChart(ctx, 10, 70, 14); // Draw chart with default values
}
});
};