Gold price per gram: ounces, tolas and kilograms

By GoldPrice.Today · Updated · Editorial policy

The unit printed beside a gold quote is as important as the number. Use the same weight, currency and purity when comparing a small jewellery item with a bullion reference.

The four weight units used on this site

A gold ounce means a troy ounce: 31.1034768 grams. It differs from the ordinary ounce used for many household goods. A kilogram contains 1,000 grams. GoldPrice.Today uses 11.6638038 grams for one tola.

UnitGramsCalculation from a gram price
Gram1Multiply by 1
Troy ounce31.1034768Multiply by 31.1034768
Tola11.6638038Multiply by 11.6638038
Kilogram1,000Multiply by 1,000

A worked example without a current market claim

Suppose an illustrative pure-gold quote is 3,110.34768 USD per troy ounce. Dividing by 31.1034768 gives 100 USD per gram. One tola is then about 1,166.38 USD and one kilogram is 100,000 USD. These deliberately chosen numbers explain the arithmetic; they are not today’s price.

If one USD buys 2 units of a hypothetical local currency, the reference becomes 200 local units per gram. For ten grams of 18K gold, a 75% purity factor gives 200 × 10 × 0.75 = 1,500 local units of estimated gold content value.

Avoid common comparison mistakes

  • Confirm whether an ounce quote uses troy ounces.
  • Check whether the price is per gram or for the entire item.
  • Separate the weight of gold from stones and other non-gold parts.
  • Use the actual purity or fineness where available.
  • Ask which fees and taxes are included in a seller’s total.

The calculator estimates metal value. It cannot establish the authenticity, assay result or final retail price of an item.

Sources and further reading

Educational information only. Calculations estimate metal value and do not certify purity or establish a seller’s final price. Read the disclaimer.