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To find the value of a gram of gold:

You must first find the spot price of gold (per troy ounce) in your country, then convert to grams.

Thus, if the spot price of gold is $900 per troy ounce and there are about 31.10 grams in a troy ounce, then the math is follows:

$900 x 1 ounce/31.10 grams = $28.94/gram

To find the value of jewelry:

You need to know the karats (weight) of actual gold in the jewelry.

24kt gold is the highest gold karat available and this is basically pure gold. 14kt and 18kt are common in the US, while 22kt gold is sold overseas. If you buy an 18kt piece of jewelry, this means that this jewelry is actually only 75% gold. The remaining 25% is other metals.

So if you have 1 gram of 18kt gold jewelry, you must multiply the price per gram x percentage of gold to find the actual price in grams. $28.94 x .75 = $21.71/gram.

Other factors will also affect the ultimate price, such as workmanship, gemstones, etc.

A gram of gold weighs approximately the same as a dollar bill and at today's price is valued at $100.

These days, there are online calculators available that calculate the true current value of your gold.

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Wiki User

12y ago
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Wiki User

14y ago

$16,242.04 Per pound Because the current price of gold is $1015.15 and i multiplied it by 16 and you get 16,242.04

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Wiki User

15y ago

Gold is a standard and stable part of any investment portfolio. As of 04 November, 2014, the price of Gold is $1168.20 USD per ounce.

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Nemie Ann Acosta

Lvl 2
10mo ago

21k grams

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Anonymous

Lvl 1
4y ago

1.00

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Q: How much is gold these days?
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