As of February 25, 2023, the spot price for 14K gold (58.3% pure) was approximately $38.26 per gram.
Calculation: 3.1 g × $38.26/g = $118.61.
Note: Gold prices fluctuate daily; retail buyers (jewelers, pawn shops) pay less (typically 70–90% of spot) due to refining costs and margins. For current value, check live spot (e.g., Kitco) and multiply by 0.583 for 14K purity.