Short answer
The gold price today is in the table below and refreshes every minute: the ounce price in US dollars and the price per gram of 24, 22, 21 and 18 karat gold in your currency. These are reference prices for raw gold at the global spot rate; jewellers charge more because they add making charges, tax and their margin.
Gold price now
| Currency | karat 24 | karat 22 | karat 21 | karat 18 | Ounce |
|---|---|---|---|---|---|
| NGN Nigerian naira | … | … | … | … | … |
| KES Kenyan shilling | … | … | … | … | … |
| ZAR South African rand | … | … | … | … | … |
| GHS Ghanaian cedi | … | … | … | … | … |
| USD US dollar | … | … | … | … | … |
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Live chart: XAUUSD
On this page
How the price per gram is worked out
Gold is quoted worldwide in US dollars per troy ounce. To turn that into a price per gram in your currency:
- 24 karat gram in USD = ounce price ÷ 31.1035
- In your currency = USD price per gram × the dollar exchange rate
- Lower karats = 24 karat price × (karat ÷ 24)
Example: with gold at $4,000 an ounce, a gram of 24 karat gold is about $128.60 and a gram of 18 karat about $96.45. The table above does this with the live price.
Gold karats explained
| Karat | Pure gold | Typical use |
|---|---|---|
| 24 | 99.9% | Bars and bullion coins |
| 22 | 91.7% | Coins and some jewellery |
| 21 | 87.5% | Jewellery in parts of Africa and the Middle East |
| 18 | 75% | Set and designer jewellery |
What moves the gold price
The gold price today changes minute by minute with supply and demand. The US dollar, interest rates and demand for gold as a safe haven all play a part, and the price often moves sharply around major economic releases. You can follow those on the forex calendar.
Buying gold vs trading gold
Buying physical gold means owning it, after making charges and the dealer’s buy-sell gap. Trading gold through XAUUSD means speculating on the price without owning the metal, usually with leverage, which magnifies gains and losses alike. If you are thinking about trading, learn how much a pip in gold is worth and practise on a demo account first.
Prices on this page are for reference only and are not an offer to buy or sell.
Common questions
What is the price of 1 gram of gold today?
Look at the 24 karat column in the table for your currency. It updates every minute with the global spot price.
Why is a jeweller's price higher than this?
The table shows the value of raw gold only. A jeweller adds making charges and a margin, tax may apply depending on the country, and they buy back below their selling price.
What is the difference between 24 karat and 18 karat gold?
Karat measures purity: 24 karat is almost pure gold (99.9%), while 18 karat is 75% gold mixed with other metals, so a gram of it is worth less.
How many grams are in an ounce of gold?
Gold is priced per troy ounce, which is 31.1035 grams, slightly more than an ordinary ounce.