Difference between 14k and 24k gold?

Question

what is the difference? Also what is 14 k gold worth and 24k gold also?

Answer 1

24 Karat gold is pure gold, well probably 99.99% pure. It would be too soft to use as jewellery or coins, so it is alloyed or mixed with a harder metal such as silver or copper. 14k is 14/24 gold and 10/24 other metal. The price of an ounce of gold is about US$815 so an ounce of 14k would be $14/24 *815

Answer 2

24K gold is pure gold, 14K gold is 14/24, or 58.33333% gold,  the other 41.66666% could be anything.

Prices are quoted for 24K gold, but you can infer that 14K gold is worth 58.33333% of the price that 24K gold is worth.

Prices change constantly, but right now 24K is about $26.58 / gram.

That would make 14K gold worth about $15.50 / gram.

You can look up spot prices online.  Gold is quoted in $US / troy ounce.  A troy ounce is approximately 31.1 grams.

http://www.kitco.com

Gold-bug

Answer 3

It's a measure of the purity of the metal.

24k gold is pure, 100% gold.

14k gold has some gold, with some other metals mixed in.