How to calculate the value of 22-carat gold in GBP

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Check the gold spot price and adjust this to the purity level and convert to GBP. 22-carat gold has a purity of 91.67%, which means you must multiply the spot price by 0.9167% to determine its value. For example, if the spot price of gold is $2,000 per troy ounce, 22-carat gold would be valued at $1,833.40 per troy ounce, which you would convert to GBP.

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