Skip to content
MarketsGrid

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.

$122.23per gram of 22K−0.12 (−0.10%)

Live spotSingle sourceStatus

Live indicative spot. Live spot; observed Oct 15, 2026, 13:08 UTC; one reporting source.

22K gold value by weight

22K gold melt value by weight
WeightUSDGBPEURCADAUD
1 gram$122.23£92.13€109.19C$173.80A$174.38
1 pennyweight (dwt)1.555 g, used by US scrap buyers$190.09£143.29€169.80C$270.29A$271.19
5 grams$611.17£460.67€545.93C$869.01A$871.90
10 grams$1,222.33£921.35€1,091.85C$1,738.02A$1,743.80
1 troy ounce31.103 g$3,801.88£2,865.71€3,396.05C$5,405.86A$5,423.82
100 grams$12,223£9,213.47€10,919C$17,380A$17,438
1 kilogram$122,233£92,135€109,185C$173,802A$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

gold price per gram by purity
PurityUSDGBP
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.