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Gold price in South Africa today

South Africa · ZAR · gram · 24k

Price of 1 gram, 24k2,091.37ZAR

Calculated from the world price at 01:50 SAST: world price × rate × purity × weight of 1 gram. Not a dealer quote. How we calculate

A jeweller’s price is different. Making charges, the shop’s margin and the gap between buying and selling are added to or taken from this figure.

Units of weight

Metal value of one unit, by karat, in rand.

ZAR, metal only · calculated
Unit24k
gram1 g2,091.37
Krugerrand 1 oz33.93 g70,960.23
kilogram1000 g2,091,371.39
troy ounce31.1035 g65,048.97

Every karat, every unit

Metal value in rand. Pick a karat in the band above to make it this page’s figure.

ZAR, metal only · calculated
KaratgramKrugerrand 1 oz10 gtroy ounce
24kselected999 fine2,091.3770,960.2320,913.7165,048.97
22kselected916 fine1,917.6165,064.6419,176.1459,644.50
21kselected875 fine1,831.7862,152.3518,317.8256,974.82
18kselected750 fine1,570.1053,273.4515,700.9948,835.56
14kselected585 fine1,224.6841,553.2912,246.7738,091.74

Gold calculator

Weight × unit × karat. The answer below is already worked out for an example; change any field to recalculate.

The stamp inside the piece: 916 means 22k.

g of pure gold · fixed

Below it no zakat is due. What counts is the pure gold in your pieces, not their gross weight.

%

What the buyer keeps for melting and margin. Ask for it in per cent. 0–60.

%

The jeweller’s labour as a share of the metal value. 0–60.

Your gold is worth

20,913.71ZAR, metal only

10 gram of 24k, 10.00 g of pure gold, at the price of . How it is calculated

That is your floor when you sell

A buyer will offer less: melting and margin come off. Ask for the deduction in per cent, then .

Zakat on this gold

0.00ZAR due, 2.5% of the value

10 gram of 24k, 10.00 g of pure gold, at the price of . How it is calculated

No zakat is due on this gold

The pure gold in it is below the nisab. Add any other gold you own and check again.

A fair offer is at least

19,240.62ZAR

Metal value
20,913.71
Deduction, 8%
−1,673.10
Offer
19,240.62

10 gram of 24k, 10.00 g of pure gold, at the price of . How it is calculated

Turn down offers below this

Ask the buyer to weigh and test the piece in front of you and to write the karat on the receipt.

A fair price for the piece

23,423.36ZAR

Metal value
20,913.71
Making, 12%
+2,509.65
Piece
23,423.36

10 gram of 24k, 10.00 g of pure gold, at the price of . How it is calculated

Ask for metal and making as two lines

Then the making charge can be compared shop to shop; the metal line should match this page.

Gram of 24k, day by day

daily reference fixing, last point
  • 2,274.25high · 21.09
  • 2,140.91low · 26.10
Last
2,142.69 ZAR · 30.10
Over the period
−131.56ZAR−5.78%
  • 2,379.77high · 25.08
  • 2,109.63low · 01.07
Last
2,142.69 ZAR · 30.10
Over the period
+10.04ZAR+0.47%

Daily reference fixing: a blend of central-bank fixings taken at different hours of the day, converted at the rate of the same day. It is not a market close and can differ from the live figure at the top of the page.

The same 90 trading days as a table
DayFixing, ZARChange
2,142.69−13.73
2,156.42+2.67
2,153.75+10.71
2,143.04+2.13
2,140.91−5.78
2,146.69−21.46
2,168.15−2.26
2,170.41−15.71
2,186.12−11.54
2,197.66+1.24
2,196.42+0.12
2,196.30−5.55
2,201.85−10.65
2,212.50−3.31
2,215.81+12.88
2,202.93+1.45
2,201.48−6.34
2,207.82+1.96
2,205.86−16.58
2,222.44−2.21
2,224.65+19.06
2,205.59+13.79
2,191.80+7.57
2,184.23−41.21
2,225.44−17.30
2,242.74−10.16
2,252.90−6.43
2,259.33−0.53
2,259.86−14.39
2,274.25+8.73
2,265.52+16.17
2,249.35+2.71
2,246.64+3.18
2,243.46−9.64
2,253.10−8.22
2,261.32−11.36
2,272.68+14.47
2,258.21−6.08
2,264.29−2.89
2,267.18−14.83
2,282.01+18.37
2,263.64+11.78
2,251.86−53.61
2,305.47−16.20
2,321.67−41.32
2,362.99−1.17
2,364.16−7.79
2,371.95−7.82
2,379.77+11.54
2,368.23+41.41
2,326.82+16.52
2,310.30+33.91
2,276.39−9.88
2,286.27+9.13
2,277.14+11.19
2,265.95−9.82
2,275.77+0.82
2,274.95+5.17
2,269.78+27.42
2,242.36+12.68
2,229.68+14.98
2,214.70+54.46
2,160.24+18.50
2,141.74−2.60
2,144.34−16.10
2,160.44−1.26
2,161.70−5.32
2,167.02−15.04
2,182.06−12.38
2,194.44+6.46
2,187.98+13.74
2,174.24+15.55
2,158.69+28.70
2,129.99+8.33
2,121.66−1.56
2,123.22+1.00
2,122.22−2.51
2,124.73−5.60
2,130.33−9.69
2,140.02−6.51
2,146.53+0.71
2,145.82−9.08
2,154.90−2.93
2,157.83−7.40
2,165.23+16.62
2,148.61+22.04
2,126.57+16.94
2,109.63−5.09
2,114.72−17.93
2,132.65—

How it moved

1 day
−13.73ZAR−0.64%
7 days
−4.00ZAR−0.19%
30 days
−49.11ZAR−2.24%

gram of 24k: the latest daily reference fixing against the fixing of the day named. Fixings, not closes: see the note under the chart.

World price

Gold · troy ounce
3,901.50USD
world spot price, aggregated feed 1
Gold · gram
125.44USD
ounce ÷ grams in an ounce 3
Rate · one US dollar
16.69ZAR
central-bank reference rates 2
Silver · troy ounce
49.94USD
world spot price, aggregated feed 1

This page shows the metal value of gold in South Africa, converted into the local currency. The figures come from the world price and a currency conversion, so they describe the raw metal rather than anything you would pay across a counter. Read them as a reference point for what the gold itself is worth at that moment.

Reading the tables

The karat table breaks the same metal value down by purity. Higher karat means a greater share of fine gold, so the value per gram rises accordingly; lower karat alloys carry less. The unit table simply restates that value in the weights people commonly use, so you can compare like with like without doing the arithmetic yourself.

Why a shop differs

A jeweller's tag includes far more than metal. Making, design, stock holding, rent, tax and margin all sit on top, and buy-back offers usually sit below the metal value. That gap is normal and explains most of the difference you will see.

How often it updates

The figures refresh every few minutes while the market is open. At weekends and on public holidays the market is closed, so the last available value stays on screen until trading resumes.

Where to go next

How we calculate

We do not collect dealers’ prices. Every figure is worked out from the world price, the same way, on every page.

world price per troy ounce÷grams in an ounce×dollar rate×purity×grams in the unit

  1. World priceSpot gold in US dollars from an aggregated feed 1, recalculated every 10 minutes while the market is open.
  2. RateThe ZAR rate from central-bank reference data 2. It is a market reference rate, not an official fixing of your central bank.
  3. Purity and weightFixed constants with their source: see the unit pages. 22k counts as 916 parts gold in 1000.
  4. WeekendsNo trading, no recalculation: the last price before the close stays, marked “market closed”.
  5. HistoryThe history and the chart use one series only: daily reference fixings, converted at the rate of the same day. We never join them to the live figure.

Why a jeweller’s price is different

Shops add a making charge and their margin, and buy back for less than they sell. Our figure is the metal alone: the floor of a fair price, not the shop price.

Sources

Every figure on this site points here by its number.

  1. 1Price feedWorld spot price of gold and silver, aggregated feedthe world price, every 10 minutes while the market is open
  2. 2Central banksFrankfurter — central-bank reference ratesUSD → ZAR, updated daily; also the daily history
  3. 3StandardUnits of weight and finenessgrams in an ounce and in a gram