How much is 100 grams of 14k gold worth today?

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I wanna know how much is 110 grams of 14k gold worth today because im getting an offer 110 grams of 14k gold for $4400 is that a good investment?
  • Profile picture of the author taskemann
    Originally Posted by JohnMoney View Post

    I wanna know how much is 110 grams of 14k gold worth today because im getting an offer 110 grams of 14k gold for $4400 is that a good investment?
    1 gram of 14k gold is worth US$ 20.70 in real time when I post this answer.


    US$ 20.70 x 110

    = US$ 2,276.68


    110 gram of 14k gold is worth US$ 2,276.68
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  • Profile picture of the author seasoned
    1. I am NOT sure WHICH ounces spot prices use. I would approximate about 29gr/oz

    SO, about 3.79oz! 1oz SPOT is 1696.91. So 110gr of PROPERLY hallmarked gold is 6431.29! We KNOW it is NOT properly hallmarked, because they do NOT hallmark 14k gold! Gold has 24K, so the INTRINISIC value is 3751.59. That IS CERTIFIED SPOT! Yours is NOT certified! SO, you have to pay for assaying, smelting, etc... and since the logistics are SO complicated, and you would never agree to it, you have to pay for RISK!

    So the 3751.59 represents a value that people will only APPROACH, and never hit! Maybe taskemann checked out a particular site, and found what someplace IS willing to pay. A $1500 hit may be reasonable, If the shipping and hallmarking cost 10%, that would be $375. If they wanted a 10% profit, that would be #375, or $750. If they allowed 20% for errors, and processing, BANG!

    Steve
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