Gold Price Calculator
Search Gold Rates in other Currencies
Price: $85.26 USD
Instantly determine the value of gold with our real-time gold price calculator. It supports multiple currencies (USD, EUR, GBP, etc.), karats (22K, 18K, 14K, etc.), and weight units (Gram, Oz, Tola, etc.). This online tool integrates live gold rates and exchange rates to provide accurate pricing, boosting your confidence when buying or selling gold.
KEY DATA ABOUT THE CALCULATION:
| Weight of 1 Gram = | 0.03215 Troy Ounce |
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The gold price is updated on 05-Oct-2024 07:26:02 am (GMT-05:00) America New-York time. 
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| 24K Gold | Price/Gram |
|---|---|
| Current Price : | $85.26 USD |
| Today Low: | $84.62 USD |
| Today High: | $85.85 USD |
Today Gold/Gram Prices in US Dollar
| Gold/Gram | Price in USD |
|---|---|
| 24 Karat (999) = | $85.26 |
| 23 Karat (958) = | $81.70 |
| 22 Karat (916) = | $78.15 |
| 21 Karat (875) = | $74.60 |
| 18 Karat = | $63.94 |
| 16 Karat (666) = | $56.84 |
| 14 Karat (583) = | $49.73 |
| 12 Karat = | $42.63 |
| 10 Karat (416) = | $35.52 |
| 8 Karat (333) = | $28.42 |
| 6 Karat = | $21.31 |
What is the gold calculator?
Our gold price calculator helps you determine the value of your gold items using the latest gold rates. It supports various weight units such as Gram, Ounce, Kilogram, Tola, Baht, Grain, and Ratti. The calculator accommodates different karat levels and converts prices into multiple currencies, including those of the United States, United Kingdom, European Union, Canada, Australia, New Zealand, India, Pakistan, Sri Lanka, United Arab Emirates, Kuwait, Saudi Arabia, Oman, and other countries of the world.
How to calculate the gold price?
If you know the purity (i.e., Karat level, e.g., 24K, 22K, 18K, 14K, etc.), weight unit(e.g., gram, ounce, tola, etc.), and your desired currency (e.g., Pound Sterling, US Dollar, Euro, Indian Rupee, etc.). Then provide these detail in the dropdown list mentioned above, and you will see the latest real-time gold rate calculation in your provided currency. It should be noted that the currency rates are also latest and being updated with 60 minutes interval. The complete description of how to use this calculator has mentioned below.
Step-by-Step Instructions for using the Calculator
The following is a detailed description of our gold price calculator. Each option is shown (and numbered) in the accompanying image and described in detail.
1. Select a unit type of gold from the dropdown list shown in the image above. You can choose different units from the list which are famous around the globe. They are Gram, Ounce, Tola, Kilo, Tael, Masha, Bhori or Vori, Grain, etc. There two types of tola; they are slightly different in weight.
2. Enter the number of units. You can enter a numerical value of your choice. For example, 1, 1.5., 2, 5, 10, 20, 50, 100 etc. This calculator is also supporting the floating-point values — for example, 1.5, 2.5, 3.15, 4.1234, etc.
3. Select Karat or Purity from the list, e.g., 24K, 20k, 18K, 14K, 10K, etc.
4. Choose your desired currency from the dropdown list, as shown (at no. 4) in the image. You can select any currency, such as the Euro, US Dollar, Australian Dollar, New Zealand Dollar, Pakistani Rupee, Indian Rupee, Nepali Rupee, or Saudi Riyal, among others. It contains almost all currencies in the world. Moreover, currency rates are regularly updating with a one-hour interval while gold prices are updating with a one-minute interval.
5. Spread: it is a difference between the buying price and selling price. By clicking on this link, you will be forwarded to another page having a spread option. Businesspeople like goldsmiths for buying or selling gold using this option.
What is the Formula for the Calculation of Gold?
The gold price calculation is based on the following formula:
Gold Value = Weight × Purity × Current Gold Price × Exchange Rate
For example, to calculate the value of 18K gold in grams in GBP:
Gold Value = Weight in grams × (18/24) × Current Gold Price per gram (in USD) × Exchange Rate (to GBP)
Our calculation uses the latest gold rates and exchange rates to provide accurate pricing. By using our gold price calculator, you can instantly determine the value of gold in various weights, purities, and currencies.
What is the gold jewelry price calculator?
Gold ornaments comprised of various purity level, 24K is the purest form of gold, while 22k gold consist of little impurity used to make the gold ideal for jewelry designs like the bangle, ring, etc. 22k jewelry is comprising of standard quality gold, but some contain low karat (purity level), e.g., 20k, 18k, 16k, etc. Detail of gold jewelry price calculator.
What is Gold Karat?
Gold karat used in the calculator indicates the purity level of gold. For example, 24K gold is 99.999% pure and is typically used for its value as a store of wealth. In contrast, 22K gold is ideal for high-quality jewelry. The formula to calculate gold purity in karats is: (Karat/24) × 100. For instance, 22K gold is calculated as (22/24) × 100 = 91.6%, which is also referred to as 916 gold. Therefore, 22K gold coins and products are often stamped with 916 seals. For more details on various gold karats and their comparisons, see the table below.
Gold Karats and Purity
| Karat | Gold Purity (%) | Other Metals (%) |
|---|---|---|
| 24K | 100% | 0% |
| 22K | 91.7% | 8.3% |
| 21K | 87.5% | 12.5% |
| 20K | 83.3% | 16.7% |
| 18K | 75% | 25% |
| 16K | 66.7% | 33.3% |
| 14K | 58.3% | 41.7% |
| 12K | 50% | 50% |
| 10K | 41.7% | 58.3% |
| 9K | 37.5% | 62.5% |
| 8K | 33.3% | 66.7% |
How can I sell my owned gold?
It depends upon the nature of the gold you have owned. It may be gold coins, bangles, necklaces, rings, bracelets, earrings. There are many places available in every country for selling those gold items. However, the selling price may be different in different locations, time, and other factors. Here you can find more information about how to sell gold.
How can I buy gold?
The easiest option is to buy from the reputed online company, before buying you should check reviews of other consumers or buyers. Here you can find more information about how to buy gold.