google "pennyweight" and the first thing that comes up is: "1 pennyweight = 1.55517384 grams" divide that by how many grams are in a troy ounce. (31.1) so... 1.56 divided by 31.1(how many grams in a troy ounce) and you get 0.05
so, a pennyweight = 0.05 ounces
Step 2:Identify gold weight Divide 14k by 24k(pure) and get 58.33, then multiply 0.05 by 58.33 and you get 0.029 ounces of AGW (actual gold weight)
multiply that by current spot and you have yourself a good deal
nice job.
metal is a claim on future human labour. let's all go get some while the getting is good, eh?
google "pennyweight" and the first thing that comes up is: "1 pennyweight = 1.55517384 grams" divide that by how many grams are in a troy ounce. (31.1) so... 1.56 divided by 31.1(how many grams in a troy ounce) and you get 0.05
so, a pennyweight = 0.05 ounces
Step 2:Identify gold weight Divide 14k by 24k(pure) and get 58.33, then multiply 0.05 by 58.33 and you get 0.029 ounces of AGW (actual gold weight)
multiply that by current spot and you have yourself a good deal
nice job.
Lol. too much work for me. That God for the internet. :D
what is 1 pennyweight of 14k gold worth ?
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Posted - 05/14/2010 : 20:51:03
