THE SOUTHEAST ASIAN TREASURE CONNECTION

Formula for estimating Gold Bar WEIGHT & KARET PERCENTAGE

Conversions :

First :

1 oz = 28.35 grams
1 lb = 16 oz
1 Troy oz = 31.1035 gr. 1 lb = 0.4536 kg
Formula for estimating Gold Bar WEIGHT

1 kg = 32.15 Troy oz.

1 kg = 2.2 lbs (35.2 oz.)
1,000 kg = 1 Ton (long)

Measure Bar Length, Width and Height. Note: if bar LENGTH (L) and WIDTH (W)
dimensions are different, than follow example drawing below by first adding the two
Widths (W1 + W2) and then dividing this total by 2 to get exact WIDTH. Then use the
same formula to get the exact LENGTH total (L1 + L2 divided by 2 = correct LENGTH).
Gold % Fineness Formula

GOLD BAR

W1

W2

(Plan View)

L1
L2
GOLD BAR
(Side View)
Second :
Third :

Divide Karat % X 24.024

Karat %
Fineness
24%
.995 - .999
23%
.957
22%
.916
21%
.874
20%
.832
19%
.79
18%
.75
17%
.707
16%
.666
15%
.624
14%
.583

Multiply Bar LENGTH X WIDTH X HEIGHT

Multiply ABOVE answer by 19.3 (Specific Gravity of Gold)
For PLATINUM, multiply by 21.45 (Specific Gravity of Platinum)
EXAMPLE
40.64cm (16") X 10.16cm (4") X 10.16cm (4") = 4,195.0883 cubic cm
4,195.0883cm X 19.3 = 80,965.204 grams = 80.965 kilograms
Formula for estimating Gold Bar KARAT Percentage

If dimensions of : 40.64 Length, 10.16 Height & 10.16 Width = 80.965 kilograms at 24 Karats, then
24 divided by 80.965 Kg = .2964243
So, multiply the actual Kg weight of the Gold Bar X .2964243
EXAMPLE
Your Gold Bar has exact dimensions as above sample but actual weight is only 78 Kg. Then,
78.0 Kg X .2964243 = 23.121095 Karats (This is the approx. Karat % of your Gold Bar).
MORE GOLD BAR KARAT % SAMPLES (Bar with exact same dimensions as above)
Bar Weight (Kg) =
Karat %
Fineness
Bar Weight (Kg) =
Karat %
Fineness
80.0
23.713944
.987
74.0
21.935398
.913
79.0
23.417519
.974
73.0
21.638973
.9
77.0
22.824671
.95
72.0
21.342549
.888
76.0
22.528246
.937
71.0
21.046125
.876
75.0
22.231822
.925
70.0
20.749701
.863
Formula for estimating TRUE Gold Price per Kilogram based on ASSAY
Multiply L.M.E. Gold Price per ounce X Ounces X (See Conversion Chart)
See Examples Below (Gold Price of US$300 per ounce & One Kg = 32.15 Troy ounces)

1) US$300 X 32.15 oz. X 1 (24K) = US$9,645.00 per KG.

2) US$300 X 32.15 oz. X .957 (23K) = US$9,230.265 per KG.
3) US$300 X 32.15 oz. X .916 (22K) = US$8,834.82 per KG.
4) US$300 X 32.15 oz. X .874 (21K) = US$8,429.73 per KG.

Conversion
Chart
24K = 1
23K = .957
22K = .916
21K = .874