Gold Price Today

The live gold spot price is shown at the top of this page, updated every 60 seconds from live market data. The spot price is quoted per troy ounce (31.1035 grams) of pure 24-karat gold.

14k gold is 58.3% pure, so its value per gram is the live 24k gram price multiplied by 0.583. The exact figure updates live in the per-karat table on this page. Melt value is the metal's worth — what you are paid depends on the buyer's payout rate.

The spot price is the global market price for pure gold. When you sell jewelry or scrap, you are paid on the melt value (spot adjusted for the item's karat purity and weight), minus the buyer's margin. A reputable online gold buyer pays far more than a pawn shop, which typically pays around 35% of melt.

Divide the spot price per troy ounce by 31.1035 to get the price per gram of pure 24k gold. For a specific karat, multiply by that karat's purity (10k = 0.417, 14k = 0.583, 18k = 0.75, 22k = 0.917, 24k = 0.999).

A pennyweight (DWT) is 1/20th of a troy ounce, a unit jewelers and dental buyers commonly use. Divide the spot ounce price by 20 to get the price per pennyweight of pure gold; multiply by the karat purity for a specific item.