How much for 60 grams of 14k gold?

The karat is a portion of 24 so 10 karat gold is 10/24 parts gold and 22 karat is 22/24 parts gold. Therefore, 14 Karat gold is 14/24 parts gold or 58.33% gold.

The cost of gold today (December 28, 2011) is: $49.98/gram.

According to google user GoalLee, the gold cost equation is:

Gold Cost = (X karats*Y grams*Z $/gram)/24

For this problem, X = 14, Y = 6.7, Z = $49.98.

Therefore, the gold cost of 6.7 grams of 14 karat gold is $195.33

Keep in mind that if you want to know the cost of 14k gold, you should add in some mixing expense to bring the cost minimally to around $205. Also, if you are buying jewelry, there is a cost associated with fashioning the piece that depends on the workmanship quality and style, typically this adds at least 30% to the cost of a small piece like a ring.

Good luck