Gold Prices Vary Widely Across Different Purities
The price of gold has been updated on the KITCO website with current values for different purities. According to the data, 24K gold with a fineness of 99.99% is currently valued at $4,611.90 per ounce. This is in contrast to 22K gold with a fineness of 91.67%, which has a value of $4,227.73 per ounce.
The calculator also provides values for other types of gold, including 18K and 14K. For example, 18K gold with a fineness of 75% is valued at $3,458.92 per ounce, while 14K gold with a fineness of 58.33% is worth $2,690.12 per ounce.
It's essential to note that these values are based on the spot bid price and do not include any retail premiums that may apply to physical products.