With this specially designed ‘How Much is Gold Worth‘ calculator, you can quickly and easily figure out how much pure 24 karat gold is worth. Given the incredible rise in gold prices, the question ‘How Much is 24kt Gold Worth’ is the buzz word of the day if not the year! Gold investors have been piling into 24 karat gold bullion and taking profits accordingly. Top investors have made over 500% in the last decade and further rises are expected in the years to come.

## Instant ‘How Much Is 24 Karat Gold Worth’ Calculator

Bullion Purity Quantity Gold Karat Millesimal Fineness Help 10 kt 12 kt 14 kt 16 kt 18 kt 20 kt 22 kt 24 kt Grams Troy Ounces Help Enter Value On Right ==> Convert Currency

## How to Use The ‘How Much is 24kt Gold Worth’ Calculator

Simply enter the weight of gold in Troy Ounces or Grams. Be careful to choose the right unit otherwise you may be selling yourself short!

Next, look at the ‘Current Price of Gold’ box on the right hand side of the screen and enter the gold price into the form. Now just hit the ‘How Much Is Gold Worth’ button and get your instant quote.

If for example, you wish to calculate:

## How to calculate how much 24 karat gold is worth

In order to calculate how much 24 karat gold is worth, one must know:

1. The weight of the gold bullion
2. The purity of the gold bullion

Weight can be measured in grams but because precious metal prices are quoted in Troy Ounces, it is generally easier to work in these units of mass. 1 Troy Ounce is equal to 31.1034768 grams. Therefore:

#### To convert grams to Troy Ounces, use the formula:

Troy Ounces = Grams / 31.1034768

Purity is measured in Karats or Millesimal Fineness. Karats are a measure of gold purity where 24 karats represents 24 out of 24 parts gold. Thus 24 karat gold is 24/24 which equals 1 or 100% pure gold. Millesimal Fineness is a more accurate measurement of purity which is based on parts out of 1000. In Millesimal Fineness, solid gold is indicated with purity ’999.9′.

#### Therefore, the formula to calculate how much 24 karat gold is worth is

:
(Spot Price of Gold * Weight of Gold (Troy Ounces))