Live melt value, updated Oct 11, 6:43 PM ET
24K is pure gold, at least 99.9% fine. It is the metal in bullion bars and in coins like the American Buffalo and Canadian Maple Leaf, and its price per gram is the spot price divided by 31.1 grams.
Melt value of your jewelry at today's spot. Buyers typically pay 70–90% of it.
| Weight | Melt value | Typical cash offer |
|---|---|---|
| 1 gram | $134.52 | $94.16 – $121.07 |
| 2 grams | $269.04 | $188.33 – $242.13 |
| 5 grams | $672.59 | $470.82 – $605.33 |
| 10 grams | $1,345.19 | $941.63 – $1,210.67 |
| 20 grams | $2,690.37 | $1,883.26 – $2,421.34 |
| 50 grams | $6,725.93 | $4,708.15 – $6,053.34 |
| 1 pennyweight (dwt) | $209.20 | $146.44 – $188.28 |
| 5 pennyweight | $1,046.00 | $732.20 – $941.40 |
| 10 pennyweight | $2,092.00 | $1,464.40 – $1,882.80 |
| 1 troy ounce | $4,184.00 | $2,928.80 – $3,765.60 |
Because it is almost pure, 24K gold is soft enough to scratch with a fingernail, which is why American jewelers rarely use it for rings or chains. You will mostly meet it as bullion: bars stamped 999.9 and investment coins.
Selling 24K bullion is simpler than selling jewelry. Dealers buy recognised bars and coins close to spot, often within 1–3%, because there is nothing to refine. Unbranded or damaged pieces may be tested and paid like scrap.
Weights are typical ranges. Weigh your own piece for an exact figure.
24K gold is worth $134.52 per gram at today's spot price of $4,188.19 per troy ounce. That is the melt value of the 99.9% pure gold it contains.
$209.20 per pennyweight (dwt). One pennyweight is 1.555 grams, the unit many US jewelers and pawn shops use.
$4,184.00 per troy ounce (31.1 g) of 24K gold, which contains 99.9% of a troy ounce of pure gold priced at $4,188.19.
Expect roughly $80.71–$107.61 per gram at a pawn shop (60–80% of melt) and up to $121.07 per gram from a refiner or reputable gold buyer.
24K gold is usually stamped 999 or 9999. The number is the gold content in parts per thousand.