Gold price calculation method

Investment gold price calculation method, the current market algorithm is that one dollar is equal to 3.125 grams. Many people want to know how to calculate gold before collecting gold. Let’s talk about the gold price calculation method. Investment gold price calculation method, the current market algorithm is that one dollar is equal to 3.125 grams. Many people want to know how to calculate gold before collecting gold. Let’s talk about the gold price calculation method. Gold price calculation method: 1. Gold weight measurement unit: ounces, grams, kilograms (kg), such as tons. The common international flux measurement unit is ounce of gold, and we often see the US dollar as the unit of measurement in the world gold price. At present, my country is generally accustomed to the gram of gold measurement unit, while the domestic use of the metric system, but the domestic gold measurement unit agrees to enter the habit of entering the international market, the custom measurement unit,'ounce' is different, and the domestic investor's gold habit must first be adapted Different units of measurement. 2.'K gold theory', the national gold purity standard gb11887---89 stipulates that each opening (English carat, German carat abbreviation, often written as'k') is 4.166% of the content. Therefore, the open gold content is (in the square brackets the national standard) 12,000 u003d 12*4.166% u003d 49.992% (500%) 18k u003d 18*4.166% u003d 74.998% (750%) 3. Measure gold purity and gold Purity products are called'conditions'. The gold market has two product condition marks; one percentage, such as gold 999, and the other as gold 24k, such as gold 22k and gold 18k, are the imprints and signs of gold products in China Authorization regulations, general requirements, production companies, material names, content imprints, unqualified products without imprints. 4. Use words to express the purity of gold. Some gold bullion gold ingots or play word marks, the stipulation is; 24k core-gold content is not less than 990%, and is usually divided into weight of gold 1000 years, such as 9999 marks For each piece it is 99.99, while the 568 mark is 58.6 percent. The gold price calculation method. Some gold jewelry or gold bars are marked with text marks. The stipulation is: pure gold-the gold content is not less than 990‰, usually the representation of the weight of gold divided into 1000 parts. What is going on with the price of gold plummeting Next: What are the key points for buying jade bracelets