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Gold

Gold Price Per Gram Today

As of August 8, 2026, the gold price is $139.60 per gram, down 0.01% over the past 24 hours. That converts from a spot price of $4,342.16 per troy ounce, the benchmark unit gold is quoted in on global exchanges.

Live gold price per gram in USD, converted from the troy ounce spot price and updated in real-time.

$139.60
-$0.01
-0.01%
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24h Change

-0.01%

24h Range

$139.59 to $139.63

Bid / Ask

$139.60

All-Time High

$179.70(Jan 28, 2026)

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Gold & Silver 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 24K gold

Weight

0.0322

troy oz

Purity

24.0K

100.0%

Pure Metal

0.0322

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 unit conversion calculated?
The standard trading unit for precious metals is the troy ounce (31.1035 grams). To calculate the price per gram, the troy ounce price is divided by 31.1035. Formula: Price per gram = Price per troy ounce / 31.1035.
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 Gold Price Per Gram

Gold trades in troy ounces on COMEX, but most of the world uses grams for everyday transactions. Per-gram pricing is the standard at jewelry counters, gold souks, and retail bullion shops across India, Turkey, and the Middle East. The price per gram equals the current troy ounce spot price divided by 31.1035, the number of grams in one troy ounce.

Gram-based pricing dominates retail gold markets across Asia, the Middle East, and much of Europe because it aligns with the metric system and makes smaller purchases accessible. In India, the world's second-largest gold consumer, virtually all jewelry and bullion is quoted in grams.

Turkish gold bazaars, Dubai's Gold Souk, and Southeast Asian markets likewise price gold per gram, often broken down by purity: 24K, 22K, or 18K. For billions of consumers, the per-gram price is far more practical than the troy ounce quote used on commodity exchanges.

Gold bars denominated in grams come in a wide range of sizes. 1-gram bars are popular as gifts and entry-level investments. 10-gram and 20-gram bars serve as affordable savings vehicles in markets like India and Thailand. 50-gram and 100-gram bars from LBMA-accredited refiners such as PAMP Suisse, Valcambi, and Argor-Heraeus offer lower premiums per gram. These bars carry assay certificates verifying weight and purity, making them highly liquid on the secondary market.

When comparing gram prices across dealers, account for premiums above spot. Smaller bars carry higher premiums because fixed manufacturing and assay costs are spread over less metal. A 1-gram bar carries a 5-15% premium, whereas a 100-gram bar trades within 1-3% of spot, making larger gram bars more cost-efficient for serious investors.

Gram to Ounce Converter for Gold

The gram to ounce conversion trips people up because there are two different ounces. Gold uses the troy ounce: there are 31.1035 grams in an ounce of gold, versus 28.3495 grams in the everyday avoirdupois ounce. The converter below applies the live spot price to common gram weights, so the ounce to gram math is done for you.

WeightTroy ouncesGold value (live)
1 gram0.0321 troy oz$139.60
5 grams0.1608 troy oz$698.02
10 grams0.3215 troy oz$1,396.04
20 grams0.6430 troy oz$2,792.07
31.1035 grams1 troy oz exactly$4,342.16
100 grams3.2151 troy oz$13,960.37

To convert any other weight: multiply grams by the live per-gram price shown above, or divide the per-ounce spot price by 31.1035 grams per ounce and multiply from there. For scrap and jewelry with lower purity, the melt calculator handles karat adjustments automatically.

1 gram: The smallest common unit for gold jewelry purchases
10 grams: A popular bar size in India and Middle Eastern markets
100 grams: The standard investment bar size from major refiners
Regional dominance: Gram pricing is the default in India, Turkey, Dubai, and 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

How is the gold price per gram calculated?
Divide the current troy ounce spot price by 31.1035. If gold is $4,000 per troy ounce, the price per gram is approximately $128.60. Our calculator updates this conversion in real time.
How many grams are in an ounce of gold?
There are 31.1035 grams in a troy ounce, the unit used for all gold pricing. The everyday avoirdupois ounce from kitchen scales is only 28.3495 grams, about 10% lighter. So when someone asks how many grams are in an ounce of gold, the correct answer is 31.1035; using the wrong ounce undervalues gold by roughly 10%.
How much is a gram of gold worth today?
Based on the current spot price, one gram of pure 24K gold is worth about $139.60 (the live per-ounce price of $4,342.16 divided by 31.1035 grams per ounce). The chart above updates this continuously. Jewelry is worth less per gram in proportion to its karat purity: multiply by 0.916 for 22K, 0.75 for 18K, or 0.585 for 14K.
Why is gold measured in troy ounces instead of grams?
Troy ounces have been the standard for precious metals since the Middle Ages, originating from the French trading city of Troyes. International commodity exchanges still quote gold in troy ounces, even though most of the world uses grams for daily transactions.
What is the difference between a gram and a troy ounce?
A troy ounce equals 31.1035 grams. A regular (avoirdupois) ounce equals 28.3495 grams. The troy ounce is about 10% heavier than a standard ounce. All gold trading uses troy ounces, not regular ounces.
How much is 10 grams of gold worth?
Multiply the current per-gram gold price by 10 (10 grams equals 0.3215 troy ounces). The live chart above shows the current per-gram price. A 10-gram gold bar from a reputable refiner like PAMP Suisse or Valcambi costs the gold value plus a dealer premium of approximately 3-5%.
What is the gold price per gram in India?
India prices gold per gram in Indian rupees (INR). The Indian gold price includes the international spot price converted to INR, plus import duties (15% as of May 2026), GST (3%), and local dealer premiums. This makes Indian gold prices significantly higher than the international spot price. Check our India gold price page for live MCX rates.
Gold price per gram vs per ounce: which should I track?
Track whichever unit matches your market. If you buy from COMEX-linked dealers in the US/UK, the troy ounce price is most relevant. If you buy jewelry or small bars in India, Turkey, or Southeast Asia, the per-gram price is more practical. Both prices reflect the same underlying spot market: one troy ounce always equals 31.1035 grams.
Is buying gold by the gram worth it?
Buying gold in small gram quantities (1g, 5g, 10g bars) is a great way to start accumulating gold on a budget, but premiums are higher on smaller bars: a 1g bar may carry a 5-15% premium vs 2-5% for a 1 oz bar. For cost efficiency, buy the largest bar or coin you can comfortably afford. Gram bars are best as gifts or for dollar-cost averaging in small increments.