22K · 916 hallmark · melt value
22K Gold Price per Gram
22 karat gold is 91.67% pure (hallmark 916). This is its melt value: the gold it contains, priced at the live international spot price.
Live spotSingle sourceStatus
22K gold value by weight
| Weight | USD | GBP | EUR | CAD | AUD |
|---|---|---|---|---|---|
| 1 gram | $122.23 | £92.13 | €109.19 | C$173.80 | A$174.38 |
| 1 pennyweight (dwt)1.555 g, used by US scrap buyers | $190.09 | £143.29 | €169.80 | C$270.29 | A$271.19 |
| 5 grams | $611.17 | £460.67 | €545.93 | C$869.01 | A$871.90 |
| 10 grams | $1,222.33 | £921.35 | €1,091.85 | C$1,738.02 | A$1,743.80 |
| 1 troy ounce31.103 g | $3,801.88 | £2,865.71 | €3,396.05 | C$5,405.86 | A$5,423.82 |
| 100 grams | $12,223 | £9,213.47 | €10,919 | C$17,380 | A$17,438 |
| 1 kilogram | $122,233 | £92,135 | €109,185 | C$173,802 | A$174,380 |
Live live spot × fine content; daily reference rate (ecb). Melt value only: dealers and buyers apply their own premiums and discounts.
Price per gram by purity
| Purity | USD | GBP |
|---|---|---|
| 24K (99.9%) | $133.21 | £100.41 |
| 22K (916) | $122.23 | £92.13 |
| 18K (750) | $100.01 | £75.38 |
| 14K (585) | $77.78 | £58.63 |
| 10K (417) | $55.56 | £41.88 |
| 9ct (375) | $50.00 | £37.69 |
Live live spot × fine content; daily reference rate (ecb). Melt value only: dealers and buyers apply their own premiums and discounts.
Where 22K is used
Bullion coins such as the Krugerrand, Sovereign and American Gold Eagle, and much UK, Middle Eastern and South Asian jewellery.
Purity: 91.67% gold; the rest is alloy (copper, silver, zinc or nickel), which adds no melt value.
Frequently asked questions
How is the 22K gold price per gram calculated?
Multiply the gold spot price per troy ounce by the purity (91.67% for 22K) and divide by 31.1034768, the grams in a troy ounce. The figure on this page does exactly that with the live spot price.
How much will a buyer pay for 22K gold?
Less than this melt value. Refiners, pawn shops and scrap buyers deduct a margin for testing, refining and profit, so offers are a percentage of melt value. Comparing an offer with the live figure here shows how large that deduction is.
What does the 916 hallmark mean?
It is the fineness in parts per thousand: 916 means 916 parts of pure gold in every 1,000, which is 22K.
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