Your gold questions, answered in plain words.

It is the live number at the top of this site.

It is the price of one troy ounce of pure gold, in US dollars. We update it every minute. It is the same in every US state.

It is the main gold price you see quoted.

Gold is priced per troy ounce, so this is the main price on our home page. A troy ounce is 31.1 grams.

It is the ounce price divided by 31.1.

Our home page shows it under the ounce price. The gold price table shows it for every karat.

It is the price per gram times 10.

For jewelry, use the per gram price for your karat, then multiply by 10.

Both are live on our home page.

You can see them side by side, per ounce and per gram, in US dollars. Both update every minute.

It is the price of pure gold right now.

It is the same as the gold price today, and it changes all day. A shop’s screen may show a slightly different number.

24K is pure gold, so it is the same as the spot price.

Gold bars and most bullion coins are 24K. Most jewelry is not, so it is worth less per gram.

It is 91.67% of the pure gold price.

22K gold is often stamped 916. Our gold price table shows the live 22K price per gram and per ounce.

On our gold price history page.

It lists the gold price for every month and year since 1960, with a chart. Find it under Prices in the menu.

It is the special ounce used for gold and silver.

It weighs 31.1 grams. A kitchen ounce weighs 28.35 grams. Our calculator does the math for you.

Use our calculator.

Enter the weight and the karat stamped on your item, like 14K. It shows what the gold inside is worth today.

Shops have costs, so they pay a little less.

A small gap is normal. A big gap is a warning sign, so ask a second shop.

No. Always check a shop yourself first.

We list shops from public sources and do not rate them. Look up the shop’s licence on your state’s website before you sell.

Some shops charge a fee to test your item.

Ask “Is there any fee?” before you hand anything over. Ask them to write the offer down.

Yes, almost always.

Most states make shops check your photo ID and keep a record of the sale. Bring a driver’s license or passport.

Usually not for old jewelry sold for less than you paid.

Tax can apply if you sell for more than you paid. This is not tax advice, so ask a tax professional if you are unsure.

Go to a real shop and never feel rushed.

Bring a friend if you can. You can always say “no, thank you” and walk out.