Melt value of your jewelry at today's spot. Buyers typically pay 70–90% of it.
| Karat | Purity | Per gram | Per dwt |
|---|---|---|---|
| 24K | 99.9% | $134.52 | $209.20 |
| 22K | 91.7% | $123.44 | $191.97 |
| 18K | 75.0% | $100.99 | $157.06 |
| 14K | 58.5% | $78.77 | $122.50 |
| 10K | 41.7% | $56.15 | $87.32 |
Pure (24K) gold is $134.52 per gram. 14K gold, the most common US jewelry karat, is $78.77 per gram.
31.1035 grams. Divide the per-ounce spot price by 31.1035 to get the price per gram of pure gold.
Pennyweight (dwt, 1.555 g) is a traditional US jewelry trade unit. Prices per dwt are 1.555 times the per-gram price; 14K is $122.50 per dwt today.