Spot Ledger

Gold price per gram

Gold spot (XAU), US dollars per troy ounce

$3,981.49

-0.16%as of Nov 11, 6:55 PM ET

Gram
$128.01
Kilogram
$128,008
Pennyweight
$199.07

Spot is quoted per troy ounce. Divide by 31.1035 and you have the price of a gram of pure gold. Most jewelry is 10K to 18K, so a gram of jewelry holds less gold than that.

Melt value calculator

$748.85

Value of the gold content at spot. Dealers and buyers pay less than this; how much less depends on the item.

Price per gram by karat

A gram of pure gold costs $128.01 at the current spot price. Here is the same gram at each common karat.

Gold value by karat at spot
KaratGoldPer gramPer dwtFound in
24K99.9%$127.88$198.88Bullion, some coins
22K91.7%$117.34$182.49Gold Eagles, Krugerrands
18K75.0%$96.01$149.31Fine jewelry
14K58.5%$74.88$116.46Most US jewelry
10K41.7%$53.38$83.01Class rings

Pure gold by weight

24K gold value at spot
WeightValue
1 gram$128.01
5 grams$640.04
10 grams$1,280.08
20 grams$2,560.16
1 troy ounce (31.1 g)$3,981.49
50 grams$6,400.39
100 grams$12,800.79
250 grams$32,001.97
1 kilogram$128,007.88

For other units, the troy ounce conversions page covers pennyweights, tolas and pounds.

Common questions

How do I work out what my gold jewelry is worth?
Weigh it in grams, find its karat stamp, and multiply the weight by the per-gram price for that karat. The calculator at the top of this page does it for you. Buyers pay less than that figure, so treat it as a ceiling.
Why is 24K listed at 99.9% and not 100%?
Refiners can't remove every last trace of other metals, so investment gold is sold at 99.9% or 99.99% purity. Both count as 24 karat.
What is a pennyweight?
A troy unit equal to 1.555 grams, or one twentieth of a troy ounce. Many US jewelers and scrap buyers still quote prices per pennyweight, written dwt.