24k gold price table (USD)
| Weight | Pure gold | Value |
|---|---|---|
| 1 × troy ounce | 31.07 g | — |
| 2 × troy ounce | 62.14 g | — |
| 5 × troy ounce | 155.36 g | — |
| 10 × troy ounce | 310.72 g | — |
Buying and selling 24k gold in the United States
US buyers usually quote per pennyweight or per gram for scrap and per troy ounce for bullion. Expect scrap offers of roughly 70–90% of melt value; bullion dealers pay close to spot for coins and bars.
Investment bars, bullion coins such as the Maple Leaf, Philharmonic and Krugerrand-style fine coins, Chinese and Thai chuk kam jewelry, and electronics. It is too soft for most everyday Western jewelry.
Example: a piece weighing 3 × troy ounce of 24k gold has a melt value of —. A buyer paying 85% of melt would offer about —.
24k Gold Calculator
Calculate your gold jewelry value
This calculator shows the melt value of scrap gold based on live spot prices. Actual buyback prices from dealers are typically 70-95% of spot price depending on purity and quantity.
24k gold per troy ounce – FAQ
What is the 24k gold price per troy ounce in USD today?
One troy ounce of 24k gold contains 31.072 g of pure gold and is worth about — at today's spot price, before dealer margins, taxes or making charges.
How is the 24k price per troy ounce calculated?
We take the live spot price per troy ounce, convert it to USD, divide by 31.1035 to get the price per gram of pure gold, multiply by 0.999 for 24k purity and by 31.1035 grams per troy ounce.
Why is the shop price higher than this 24k rate?
US buyers usually quote per pennyweight or per gram for scrap and per troy ounce for bullion. Expect scrap offers of roughly 70–90% of melt value; bullion dealers pay close to spot for coins and bars.
How much will I get selling 24k gold?
Bullion bars and coins sell close to spot — typically 97–99% of the melt value — because no refining is needed. 24k jewelry may get slightly less.
How do I recognise 24k gold?
Stamps are "999", "999.9", "9999" or "24K". Bars from accredited refiners show the refiner's logo, weight, fineness and a serial number.