Live Gold Prices
Here you’ll find the live price of Gold. This is will up-to-date when the market is open. If it is after the market has closed, it will reflect the closing price of Gold for the day.
Current Value of Gold
If you would like to know the current value of Gold, we have included instructions on how to determine how much your Gold piece is worth based on the current spot price of Gold per Ounce. This does not reflect the actual value of what you will get for your piece, but rather will give you an idea of what to expect.
Because the price of Gold is reported in ounces, determining value per gram becomes a matter of dividing the current price of gold by 31.1034768 (the number of grams in an ounce). Then you have to take the quality of your Gold (be it 14k-24k) and divide the price per gram by percentage of pure Gold in your piece. For example, if the price of Gold today was $1678.00, and you have 18k Gold ring that weighted 5 grams, the math to determine the value of the ring would be 1678/31.1034768 to get the price of Gold per gram ($53.95). We then times that by .75 (which is the percent of pure Gold in 18k Gold) to get $40.50 a gram. Then to get the final value of the piece we would times that number by 5 (the weight of the piece) to get $202.50.
Of course that’s a lot of math so have we included a calculator to do it for you.
For more information, call us at 1-800-488-3903 or click below.
