Gold Price Per Gram
Today's Gold Spot Price
| Per Gram | $84.31 |
| Per Ounce | $2622.47 |
| Per Kilo | $84312.41 |
Gold Prices Per Gram
Gold gram bars are readily available and traded in the bullion markets. The table below contains the current melt value and the lowest dealer asking price for gold by the gram.
| Gold Gram Size | Troy Ounces | Melt Value | Lowest Dealer Price | Premium |
|---|---|---|---|---|
| 31.1 | 1 oz | $2,622.47 | $0.00 | -100% |
| 1 | 0.03215 oz | $84.31 | $92.64 | 9.88% |
| 2 | 0.0643 oz | $168.62 | $204.26 | 21.13% |
| 2.5 | 0.0803 oz | $210.58 | $233.42 | 10.84% |
| 5 | 0.1607 oz | $421.43 | $441.78 | 4.83% |
| 10 | 0.3215 oz | $843.12 | $873.70 | 3.63% |
| 20 | 0.64300 oz | $1,686.25 | $1740.59 | 3.22% |
| 50 | 1.60754 oz | $4,215.73 | $4261.05 | 1.08% |
| 100 | 3.21507 oz | $8,431.42 | $8505.45 | 0.88% |
| 250 | 8.0375 oz | $21,078.10 | $22248.71 | 5.55% |
| 500 | 16.075 oz | $42,156.21 | $43127.06 | 2.3% |
| 1000 | 32.15 oz | $84,312.41 | $84905.37 | 0.7% |
Gold Purities and Live Gold Price Per Gram
| Karat | Purity | Price Per Gram |
|---|---|---|
| 24 karat | 100.00% | $84.31 |
| 22 karat | 91.67% | $77.23 |
| 18 karat | 75.00% | $63.24 |
| 14 karat | 58.33% | $49.32 |
| 10 karat | 41.67% | $35.16 |
| 9 karat | 37.50% | $31.62 |
* Gold spot price is updated every minute
How many grams in an ounce of gold?
There are 31.15 grams in a troy ounce of gold. The troy ounce is the standard unit of measurement used in the precious metals industry, including for gold, silver, platinum, and other precious metals.
How is the price of gold per gram determined?
The gold price per gram is determined by the spot price, which is based on global commodities markets. The spot price is usually quoted in troy ounces, so to get the price per gram, the spot price in troy ounces is divided by 31.1035 (the number of grams in a troy ounce).
How do I calculate the value of my gold in grams?
To calculate the value of your gold, multiply the current spot price per gram by the weight of your gold. Using today's gold price, the formula to calculate the value of 5 grams of gold is:
Why are the retail prices of gold higher than the current spot price per gram?
The retail price of gold is higher than the spot price due to additional costs such as dealer premiums, fabrication, packaging, distribution, market demand, and taxes.
Gold dealers charge a premium over the spot price to cover their operational expenses and profit margins. Smaller denominations, such as gold bars by the gram, carry higher premiums compared to larger bars because the manufacturing and handling costs are relatively higher for smaller pieces.
Also, retail premiums increase during periods when demand for physical gold is strong, such as times of economic uncertainty, financial crises, and geopolitical instability.
While the spot price reflects the market price of gold for large-scale transactions, retail buyers purchasing smaller amounts typically pay more due to these added factors.
