How To Price Gold Per Gram

This amount is the spot price of gold per gram.

How to price gold per gram. In this example one would divide 1 200 00 by 31 1034768. Determining melt value to determine the melt value of your gold piece use the weight of your piece measured in grams the purity of your piece measured by percentage and the current price of gold per gram. You can select the number of gold karats from the drop down list or just enter a numerical value in the gold purity text box of the gold gram value calculator.

The gold per gram calculator will show you the price per gram of 100 pure gold unless you indicate a lower percentage. If your browser is configured to accept cookies you will see a button at the bottom of the holdings calculator. Gold prices usually are quoted per troy ounce which is equal to 31 1 grams so you can easily divide the current gold price by 31 1 to get the price per gram.

When calculating the price for one gram of gold one must take the spot rate and divide it by 31 1034768 the troy ounce to gram conversion rate. The net result should be a price 38 58 per gram. The current gold spot price is updated frequently during regular trading hours.