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10k gold price per troy ounce.
An ounce is a standard unit for measuring precious metals.
The 10 karat gold melt value calculator will figure the price of gold items with a gold purity measured as 10 parts of gold and 14 parts of another metal used to make the 10k gold alloy.
1 troy ounce is equal to 31 1034768 grams or 1 12 per troy pound.
Therefore the gold prices of this website use the unit of troy ounce.
What does this mean.
We are providing the latest prices in the current exchange rate.
If so use out scrap gold calculator below it s totally free and displays the current gold prices.
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It is commonly used for measurement of gold and other precious metals.
Prices are figured using troy oz scale and not standard oz.
Generally the commonly used karat gold is 24k 22k 18k 14k 10k 6k etc whereas 24k gold is thought of pure gold.
The spot price of gold per troy ounce and the date and time of the price is shown below the calculator.
The gold has been used as currency for many centuries and its code is xau while its chemical symbol is au br br the gold market.
How to figure price per gram.
10k gold price in us dollar usd per ounce.
In fact the london gold fixing prices are fixed based on the unit of troy ounce.
The current gold price of 10k is displayed according to new york america time gmt 04 00.
The 10k gold calculator will only show what the gold is worth intrinsic value and not any collectible value of your 10k gold items.
Well a troy ounce is 31 1034768 grams not the usual 28 3495 grams and to get the true price per gram we must use troy.