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Gold

22K Gold Price Today

As of August 8, 2026, the 22K gold price is $3,977.59 per troy ounce, down 0.01% over the past 24 hours. 22K gold is 91.6% pure, so this melt value is the live 24K spot price multiplied by 0.916, which works out to $127.88 per gram.

Live 22 karat gold price per gram, calculated from real-time spot prices. 22K is the dominant jewelry purity in India, the Middle East, and Southeast Asia.

$3,977.59
-$0.37
-0.01%
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24h Change

-0.01%

24h Range

$3,976.90 to $3,978.11

Bid / Ask

$3,977.59

All-Time High

$5,119.87(Jan 28, 2026)

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22K Gold Melt Value Calculator

Calculate scrap gold and silver jewelry values using live spot prices

Input

Troy ounce (oz t) = 31.1035g

Karat = gold purity (24K = 99.9%)

Melt Value

Total Melt Value

$0.00

1 Grams of 22K gold

Weight

0.0322

troy oz

Purity

22.0K

91.7%

Pure Metal

0.0295

troy oz

Spot Price

$0.00

per oz t

Gold Karat Melt Values: 10K to 24K
1 g

Data Methodology

Where does this price data come from?
Gold spot prices are aggregated from trusted market data sources tracking the primary global exchanges, with automatic fallback for redundancy. Prices are updated in real-time during market hours, ensuring you always see the latest data. All prices reflect the latest available mid-market spot rate.
How is the gold spot price determined?
The gold spot price is derived from the most actively traded futures contracts on COMEX (CME Group) and the London Bullion Market Association (LBMA). The spot price represents the current market price for immediate delivery, calculated from near-month futures contracts adjusted for carry costs. During off-hours, prices reflect OTC (over-the-counter) trading across global markets, providing continuous 24-hour price discovery.
How is the 22K gold price calculated?
Pure gold is designated as 24 karat (24K), meaning 99.9% gold content. 22K gold contains 91.6% pure gold, with the remaining 8.4% consisting of alloy metals for durability. The 22K price is calculated as: 22K price = 24K spot price x 0.916 (91.6% purity). Note that retail jewelry prices will be higher than this melt value due to craftsmanship, design, and dealer margins.
When are precious metals markets open?
COMEX futures trade Sunday through Friday, 6:00 PM to 5:00 PM ET (23 hours per day with a 1-hour break). The London Bullion Market (LBMA) operates Monday to Friday with two daily fixings: AM fix at 10:30 AM London time and PM fix at 3:00 PM London time. Outside of formal exchange hours, precious metals continue to trade on OTC markets globally, meaning prices can move 24 hours a day, 5 days a week. Our data reflects these continuous market movements.

Understanding 22K Gold

22 karat gold contains 91.6% pure gold with 8.4% alloying metals such as silver, copper, and zinc. It is the dominant purity for jewelry across India, the Middle East, and Southeast Asia, hallmarked with 916 fineness to certify its gold content.

22K gold holds deep cultural significance in India, where gold jewelry is integral to weddings, festivals, and family wealth. Indian brides traditionally receive elaborate 22K gold sets including necklaces, bangles, earrings, and maang tikka as part of their wedding trousseau. The Bureau of Indian Standards (BIS) mandates hallmarking on all gold jewelry sold in India, and the 916 stamp is the most commonly seen mark in jewelry shops nationwide.

In the Middle East and Gulf states, 22K gold is equally prized. Gold souks in Dubai, Riyadh, and Doha carry vast collections of 22K jewelry, from intricate traditional designs to modern statement pieces. Buyers in these markets strongly prefer the rich, deep yellow color that only high-karat gold provides.

The final retail price of 22K gold jewelry includes the gold's intrinsic value plus making charges (also called fabrication or labor charges). These typically range from 8% to 25% of the gold value depending on design intricacy. Hand-crafted and highly detailed pieces carry higher making charges than machine-made items. Making charges are generally not recoverable when reselling, so understanding this breakdown is essential before purchasing.

The key difference between 22K and 24K gold for jewelry is workability. 24K gold is too soft to hold complex shapes or securely set gemstones. 22K gold has just enough alloy content to maintain its form while preserving an exceptionally high purity that is visually indistinguishable from pure gold to most observers.

For long-run context on how the 22K gold price has moved alongside spot gold, see our gold price history from 1970 to 2026: 56 years of annual averages with inflation-adjusted highs and decade-by-decade analysis.

Purity
91.6% pure gold (916 fineness)
Alloy Content
8.4% silver, copper, or zinc
Hallmark
916 (BIS hallmark in India)
Primary Markets
India, Middle East, Southeast Asia

Data provided by MetalCharts, a free precious metals tracking platform offering real-time prices, interactive charts, historical data, and portfolio tools for gold, silver, platinum, palladium, and copper. Prices sourced from major global exchanges including COMEX, LBMA, and LME, updated continuously during market hours.

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Frequently Asked Questions

What is 22K gold?
22K gold is an alloy containing 91.6% pure gold (916 fineness) and 8.4% other metals such as silver, copper, or zinc. The 22 in 22K means 22 out of 24 parts are pure gold. It carries the 916 fineness hallmark and is the most popular purity for gold jewelry in India and the Middle East.
How to calculate 22K gold price?
Multiply the current 24K gold spot price by 0.916 to get the 22K gold price. For a per-gram price, divide the spot price per troy ounce by 31.1035 to get the 24K price per gram, then multiply by 0.916. This gives the intrinsic gold value before making charges or retail markup.
What is the 22k gold price per ounce today?
Multiply the live 24K spot price per troy ounce by 0.916. This page quotes 22K per gram because that is how jewelry markets price it, but the 1 ounce 22 carat gold rate today is simply 91.6% of whatever spot gold trades at right now; the live chart above always reflects the current figure. Note that 22K bullion coins like the Gold Eagle and Krugerrand are priced differently: they contain a full troy ounce of pure gold plus alloy, so they track the full 24K spot price, not the 22K melt rate.
What does 916 hallmark mean?
The 916 hallmark indicates 916 parts per thousand of pure gold, corresponding to 22 karat purity (91.6%). In India, the Bureau of Indian Standards (BIS) mandates this hallmark on all 22K gold jewelry to certify purity and protect consumers from fraud.
Is 22K gold good for jewelry?
22K gold is excellent for ornate and traditional jewelry designs. It has a rich, deep yellow color due to its high gold content and is durable enough for necklaces, bangles, and earrings. It is softer than 18K or 14K gold, so it is not ideal for rings or pieces subject to heavy daily wear and friction.