Gold price per gram calculator
Short answer: Divide the price per troy ounce by 31.1035 to get the price per gram. At 2,000 per troy ounce, gold is about 64.30 per gram, and a 10 gram bar's metal is worth about 643.
How to use it
- Enter the price per troy ounce in your currency. It works for gold, silver, platinum and palladium.
- Read the price per gram, kilogram, tola, ounce and pennyweight.
- Multiply by your weight in the same unit to value a holding.
Formula: price per gram = price per troy ounce ÷ 31.1034768
Questions
Why is gold quoted per troy ounce and sold per gram?+
Markets quote spot per troy ounce, while many retail buyers, especially in Europe and Asia, buy and sell by the gram or tola. Converting lets you compare offers.
Is this the price I will pay?+
No. This is the metal value only. Coins, bars and jewelry sell at a premium over it, and buyback prices are usually below it.
How do I price a tola?+
A tola is about 11.6638 grams, so multiply the price per gram by 11.6638.
Does it work for silver and platinum?+
Yes. The conversion is the same for any metal priced per troy ounce.
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