Online Silver and Gold Value Calculator | Arch Metal Refining
For 14 karat gold it multiplies by 0.5824. 1.1124142 x 0.5824 = 0.64787. Finally it takes this number and multiples by the market price of gold. This price changes daily, for this example we will use $1,016 per troy ounce. 0.64787 x 1016 = 658.24. So, $658.24 is the final dollar amount of the market value of gold that the calculator will provide.