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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2479418, member: 71510&quot;]Kitco - and all international standard reporting companies use Troy Ounces for gold/silver/platinum pricing.</p><p><br /></p><p>10k = 42% gold content</p><p>14k = 58.5% gold content</p><p>18k = 75% gold content</p><p><br /></p><p>Spot price is per troy oz = 31.1 grams.</p><p><br /></p><p>Sample math:</p><p><br /></p><p>1 troy ounce (1 OZT) of gold is currently $1340 spot price.</p><p><br /></p><p>(1 ozt) / (31.1 grams) = $43.08 per gram of 24k gold.</p><p><br /></p><p>1 gram of 18k gold =&nbsp; $32.31</p><p>1 gram of 14k gold = $25.20</p><p>1 gram of 10k gold = $18.09</p><p><br /></p><p>Cheers![/QUOTE]</p><p><br /></p>

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