14K Gold Price Per Ounce and Pennyweight Today
Quick answer: One troy ounce of 14K gold is worth $2,265.35 today. That is 31.1035 grams at $72.83 per gram. 14K gold is also worth $113.27 per pennyweight and $72,832.51 per kilogram.
14K Gold Price by Unit Today
| Unit | 14K gold price today |
|---|---|
| Per gram | $72.83 |
| Per pennyweight (dwt) | $113.27 |
| Per troy ounce | $2,265.35 |
| Per kilogram | $72,832.51 |
| Kitchen (avoirdupois) ounce, 28.35 g | $2,064.77 |
| Grain (0.0648 g) | $4.72 |
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Troy Ounce vs Regular Ounce
Gold is weighed in troy ounces of 31.1035 grams, not the 28.35-gram ounce used for food. If you weigh your jewelry on a kitchen scale set to ounces, multiply by 28.35 to get grams, then use the gram price. Treating a kitchen ounce as a troy ounce overstates the value by almost 10%.
14K Gold Price Per Pennyweight
Many US refiners and pawn shops quote in pennyweight (dwt). There are 20 pennyweight in a troy ounce and 1.555 grams in a pennyweight.
| Pennyweight | 14K value today |
|---|---|
| 1 dwt | $113.27 |
| 2 dwt | $226.53 |
| 5 dwt | $566.33 |
| 10 dwt | $1,132.67 |
| 20 dwt (1 troy oz) | $2,265.35 |
Price Per Ounce for Every Karat
| Karat | Price per troy ounce | Price per pennyweight |
|---|---|---|
| 10K | $1,618.10 | $80.90 |
| 14K | $2,265.35 | $113.27 |
| 18K | $2,912.59 | $145.63 |
| 22K | $3,559.83 | $177.99 |
| 24K | $3,883.45 | $194.17 |
How the 14K Price Per Ounce Is Calculated
Multiply the 24K spot price per troy ounce by 14K purity: $3,883.45 × 0.5833 = $2,265.35. Gold buyers pay a percentage of this, usually 70% to 85% at a local gold buyer and 40% to 65% at a pawn shop.
Related: 14K gold price per gram, 14K gold value by weight, how to weigh gold, gold calculator, gold price per gram for all karats
How Much 14K Jewelry Is in an Ounce?
A troy ounce is 31.1 grams, which is more 14K gold than most people expect. It takes about three heavy wedding bands, two rope chains or one thick Cuban link chain to reach an ounce. See typical weights in the 14K gold value by weight guide.
Selling 14K Gold by the Ounce or Pennyweight
If a buyer quotes per ounce or per pennyweight, convert the offer to a price per gram before comparing: divide a per-ounce offer by 31.1 or a per-pennyweight offer by 1.555. An offer of 75% of melt for 14K would be $1,699.01 per troy ounce or $84.95 per pennyweight today.
Gold price per gram by karat: 10K gold price per gram ($52.02) · 18K gold price per gram ($93.64) · 22K gold price per gram ($114.45) · 24K gold price per gram ($124.86) · all karats
Frequently Asked Questions
How much is an ounce of 14K gold worth?
One troy ounce of 14K gold is worth $2,265.35 in melt value today.
How many grams are in an ounce of gold?
A troy ounce of gold is 31.1035 grams. A regular (kitchen) ounce is 28.35 grams.
How much is a pennyweight of 14K gold worth?
$113.27 per pennyweight today.
Is the gold spot price the price of 14K gold?
No. The spot price of $3,883.45 is for pure 24K gold. 14K is 58.33% of that.
