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Prices are based on 1 (ozt) to 50 (ozt)
(A) Gold
is purchased per pennyweight
(B) Symbol for
pennyweight is (dwt)
(C) Symbol for
ounce is (ozt)
(D) 20 pennyweight
(dwt) equals one troy ounce (ozt)
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Example Only:
Should your gold be 10 karat and weighs 20 pennyweight
(dwt), you will receive 20 x $13.45= $269.00
GoldExchanged4Cash, Inc. bases the price of gold
the day we receive it.
Sending in 14k, 18k, 22k, or 24k gold your payment
will be much higher.
Platinum $48.36 pennyweight (dwt)
Silver $9.20 per ounce (ozt)
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More Gold Facts
- The element for gold is Au
- Gold is considered to be one of the first
metals known to man
- It is the gold standard that defines our world's
currency system
- Money represents a value in gold
- 24 karat is 100% gold. Too soft so not considered
suitable for jewelry
- 22 karat is 91.7% gold. Again, too soft so
not considered suitable for jewelry
- 18 karat is 75.0% gold. Used successfully
in fine jewelry
- 14 karat is 58.3% gold. Used successfully
in all jewelry
- 12karat is 50.0% gold. Not used in jewelry
- 10 karat is 41.7% gold
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