kilogram<\/a><\/p><\/div><\/div>\n\n\n\nHow we calculate the gold price per gram<\/h2>
We take the spot price of one troy ounce of gold (31.1035 g) in pounds sterling and divide it by the weight of the ounce. That gives the price of 1 gram of pure gold. For lower finenesses we multiply by the metal content: 585 fineness means 58.5% gold.<\/p>
This is the value of the metal alone. A buyer will usually pay you less, and bars and coins in shops cost more, because the dealer premium and minting cost are added on top.<\/p>
Gold fineness in jewellery and bullion<\/h2>
Gold jewellery is commonly 9K (375), 14K (585), 18K (750) or 22K (916). Investment bars and many bullion coins are 999.9 fine, while some coins, such as the Krugerrand and the Sovereign, are 916.7 (22 karat). When you sell scrap gold, you are paid for the weight of the pure gold, which is why fineness matters so much.<\/p>
Frequently asked questions<\/h2>How much is 1 gram of gold today?<\/h3>
The current price of 1 gram of pure gold is shown at the top of this page. It moves with the spot price, and the table also lists prices for lower finenesses.<\/p>
Why does a gram of gold cost more at a dealer?<\/h3>
A dealer sells a finished product: a bar or a coin. On top of the metal value come the premium, the minting cost and, depending on the metal and country, taxes. The smaller the product, the higher the premium per gram.<\/p>
How many grams are in an ounce of gold?<\/h3>
The troy ounce used for precious metals weighs 31.1035 g. So the price per gram is the price per ounce divided by 31.1035.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gold price per gram today The current price of 1 gram of gold in pounds sterling for common finenesses: 999, 750, 585. Prices are calculated automatically from the live spot price and refreshed several times an hour. How we calculate the gold price per gram We take the spot price of one troy ounce of…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":7812,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-19678","page","type-page","status-publish","hentry"],"acf":[],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Admin","author_link":"https:\/\/metalsradar.com\/gb\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/19678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/comments?post=19678"}],"version-history":[{"count":0,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/19678\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/pages\/7812"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/gb\/wp-json\/wp\/v2\/media?parent=19678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}