2022 An application that offers instant and live Gold, Currency and Coin Prices.
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Gold prices
Gold is a precious metal and its setting changes according to other substances in it. 24 carat gold means pure gold, and 22 carat, 18 carat and 14 carat gold refers to gold including silver, copper and platinum metals. The pricing of gold is made according to its purity, in short, its setting. The calculation of the prices of gold in different settings is also different.
It is expressed in ounces of gold in the world. 1 ounce of gold corresponds to 31.1034768 grams. The formula for the price of 1 ounce of gold / 31.1034768 is the formula used to calculate the price of 1 gram of gold. Quarter gold or small gold as it is used among the people is 22 carat and weighs 1.75 grams. As for pure gold, it is 1.605 grams. Half gold, like quarter gold, is 22 carat and weighs 3.50 grams. Full gold, also known as ornament gold, is 7 grams, and Republic gold is 7.20 grams. After finding the price of 1 ounce of gold, multiplying the gram equivalent of gold gives the price of 22 carat gold. This calculation is made over the ounce price of 22 carat gold. When the purity of gold, in other words, its setting changes, its prices also change. The highest price is 22 carat gold. As the amount of other metals in gold gauge increases, the gram price decreases. 22, 18, 14 or 8 carat gold is calculated over the gram price traded in the markets of that day. Calculation is carried out with the formula of gram price * how many grams of 18 carat gold in TL. No matter how many carats the gold is, its price is calculated from that day's value. Changes during the day are also reflected in the prices.
Gold often appears as a good investment tool in the long or short term and makes its investors smile. Those who consider gold as an investment tool prefer bracelets, quarter, full, half or republic golds with the lowest workmanship and 22 carats, which will lead to less loss when exchanging gold.
Note:
Although gold prices and all other data are not for investment and consultancy purposes, our site is not responsible for any material and moral losses incurred through the application.