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You can manage such calculations much better with the fineness. And Karat is only for Gold. For instance: $currentMetalPricePerGram * $weight * $fineness = Price And this is valid for all Precious Metals. If you need the live prices, you can get it here: [Precious Metals XML Price Feed](http://www.xmlcharts.com/precious-metals.html) Greetings.
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