Skip to content
Ounce Tally SponsoredExness

How much is 1 gram of gold worth

How much is 1 gram of gold worth

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

2,091.37ZAR, metal only

1 gram of 24k, 1.00 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

1 gram of 24k, 1.00 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

1,924.06ZAR

Metal value
2,091.37
Deduction, 8%
−167.31
Offer
1,924.06

1 gram of 24k, 1.00 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

2,342.34ZAR

Metal value
2,091.37
Making, 12%
+250.96
Piece
2,342.34

1 gram of 24k, 1.00 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.

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

If you own a small amount of gold and want to know what it is worth, start with the stamp. A karat mark tells you the purity, and that figure drives the metal value more than weight alone. Weigh the piece on a scale you trust, ideally after removing stones or clasps that are not gold. Keep any written receipt or assay card that came with it; a buyer will ask for proof of what the item is. The figure on this page is metal value worked out from the world price, not a shop quote. It is a floor, because a dealer still has to refine, test and resell, and those costs come out of the final offer. Expect the counter price to sit below the calculated figure, and treat the gap as normal rather than as a reason to walk away.

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