Gold Price Per Gram by Karat
As of March 31, 2026 at 2:00 AM UTC, the gold price per gram is $148.02 for pure 24K gold. The live spot price is $4,603.88 per troy ounce.
Gold Price by Karat — Full Table
| Karat | Per Gram | Per Troy Oz |
|---|---|---|
| 24K | $148.02 | $4,603.88 |
| 22K | $135.69 | $4,220.38 |
| 18K | $111.01 | $3,452.91 |
| 14K | $86.34 | $2,685.44 |
| 12K | $74.01 | $2,301.94 |
| 10K | $61.68 | $1,918.44 |
| 9K | $55.51 | $1,726.46 |
| 8K | $49.33 | $1,534.47 |
Last updated: March 31, 2026 at 2:00 AM UTC
Why Gold Is Priced Per Troy Ounce
Gold prices on international markets are quoted in US dollars per troy ounce. A troy ounce equals 31.1035 grams — about 10% heavier than a standard (avoirdupois) ounce of 28.3495 grams. This distinction matters: if you weigh gold on a kitchen scale that reads in standard ounces and use the spot price directly, you'll overestimate the value by about 10%. Always convert to grams first for accuracy, or use the per-gram prices in the table above.
The troy system dates back to the trading fairs of Troyes, France in the Middle Ages and has been the standard for precious metals for centuries. Every gold exchange — London, New York, Shanghai — uses troy ounces. When you see "$2,900 gold," that means $2,900 per troy ounce of pure (24K) gold.
Why Per-Gram Price Matters When Selling Jewelry
Most gold jewelry is weighed in grams, not troy ounces. When a dealer says "I'll pay $45 per gram for 14K gold," you need to know whether that's a fair offer. The table above shows the live melt value per gram for each karat. If the current 14K price per gram is $54, an offer of $45 represents about 83% of melt — a reasonable rate. An offer of $30 per gram would be barely 55% of melt — walk away.
Common Jewelry Weights for Quick Reference
A typical gold wedding band weighs 3–7 grams. A standard chain necklace ranges from 5–30 grams depending on length and thickness. A pair of small earrings might weigh 1–3 grams. Class rings are usually 10–20 grams. A heavy gold bracelet can weigh 20–50 grams. Knowing these ranges helps you estimate melt value before you even reach for a scale.
For a full melt value calculation with any weight and karat, use our scrap gold calculator. For coin values, see US gold coin melt values. Or return to the melt value calculator homepage.