How Much is Gold Worth a Gram

The Gold Standard

 

How much is gold worth? Gold has a price standard that is accepted around the world. The price of gold we are referring to is the gold spot price. Gold is a commodity traded on the market and the spot price reflects the current price at which the given asset can be sold or bought. The current price of gold is $1,804 per troy ounce. However, the price fluctuates every second except for the weekends when markets are closed. Another factor that you should know is that gold is trading in troy ounces (ozt), and there are 31.1 grams in a troy ounce.

 

How Much is Gold Worth a Gram

 

At the current spot price of gold at $1,804.00, one gram of gold is worth $58.06 ($1,804 / 31.1 grams in ozt).

 

When you sell your gold to GoldtoCash.us we pay up to 95% of the market value for your precious metals bullion and jewelry. In many cases, that is double what our competitors pay. Our customers get a detailed report with the offer, so you know exactly why you're getting paid that much. We strive to be as transparent as possible and base our offer on the following factors: 

• The market price of gold
• Gold content
• Gold weight
• Gold purity
• Condition of the item