Does the result equal a dealer's buy or sell price?

No. A dealer quote can include bid-ask spread, fabrication premium, taxes, shipping, assay costs and local market conditions.

What purity is 22-karat gold?

Twenty-two-karat gold is approximately 91.67 percent pure, commonly shown as 916 or 917 fineness.

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Gold Value Calculator

Q: How is gold value per gram calculated?

Divide the gold price per troy ounce by 31.1034768, then multiply by the number of grams and the item's fineness.

Estimate the raw metal value of gold in grams, kilograms or troy ounces. Start with GoldAlert's latest scheduled daily close, or replace it with the price you want to test.

Loading GoldAlert's latest scheduled gold close…

Estimated reference value

Result

—

Gross weight: —
Fine-gold content: —
Raw metal value: —
Premium / discount: —
Price observation: Manual input

USD uses an exchange rate of 1.

Formula

value = (gold price per troy ounce ÷ 31.1034768) × grams × fineness × exchange rate × (1 + premium ÷ 100)

Gold uses the troy ounce, not the everyday avoirdupois ounce. One troy ounce equals exactly 31.1034768 grams. Purity reduces gross weight to estimated fine-gold content.

What this estimate does not include

A real dealer quote may include bid-ask spread, fabrication premium, assay or refining costs, taxes, shipping, payment fees and local supply conditions.

The scheduled close can differ from a live spot quote. Confirm the current price and product terms with a broker or bullion dealer before a transaction.

Frequently asked questions

How do I calculate gold price per gram?

Divide the price per troy ounce by 31.1034768. Then multiply by the number of grams and the item's purity as a decimal.

Is 22K gold pure gold?

No. Twenty-two-karat gold is approximately 91.67% pure. The remaining metal is an alloy added for color, strength or workability.

Is this a dealer quote?

No. It is an educational metal-value estimate. A dealer's executable price can be higher or lower after spreads, premiums, taxes and fees.

Read the full guide to gram and kilogram pricing →

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Explore BullionVault if you want to compare buying, selling and professional vault storage for allocated precious metals after calculating an indicative metal value.

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Affiliate disclosure: GoldAlert may earn a commission if you open an account or complete an eligible transaction through this link, at no additional cost to you. Calculator results remain independent and are not dealer quotes or recommendations.

Educational estimate only. This calculator is not an appraisal, offer, tax calculation or investment recommendation.

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