A gram of gold is currently worth roughly 150–155 USD in the global market, but local retail/jewelry prices will be higher due to taxes and making charges.

Quick Scoop

1. Today’s rough value per gram

Most gold prices are quoted per troy ounce (31.1035 g).
Recent spot prices have been around 4,700–4,800 USD per troy ounce in early February 2026.

  • Using 4,750 USD / oz as a ballpark:
    • 4,750 ÷ 31.1035 ≈ 153 USD per gram of pure 24K gold.
  • That’s the spot value (raw market price), not what you necessarily pay at a jewelry store.

Think of this as the “wholesale” benchmark that dealers and banks watch.

2. What you actually pay vs spot

What you see in a shop or get from a buyer will differ from spot:

  • Jewelry purchase price
    • Spot gold value per gram.
    •   * Design / making charges.

    •   * Retail markup.

    •   * Taxes (VAT/GST/sales tax, depending on country).
    • Result: Often noticeably above 153 USD/g equivalent.
  • Scrap/resale price
    • Buyer usually pays below spot to cover their risk, refining, and profit.
    • The more “pawn-shop style” the buyer, the bigger the discount.

Example: If spot says ~153 USD/g, a cash-for-gold shop might offer something like 130–145 USD/g depending on purity, volume, and competition in your area (numbers are illustrative, not fixed).

3. Purity (karat) changes the value

24K is considered “pure” for pricing, but jewelry is often lower karat:

  • 24K (99.9%) ≈ 153 USD/g (using the rough spot example above).
  • 22K (~91.6%) ≈ 0.916 × 153 ≈ 140 USD/g intrinsic gold value.
  • 18K (75%) ≈ 0.75 × 153 ≈ 115 USD/g intrinsic gold value.

So a “1 gram” 18K ring only has 0.75 g of actual gold in it, and its gold melt value is lower than a 1 g 24K bar of the same weight.

4. Local rates can look very different

Local gold-rate sites quote in their own currency and may build in taxes and local demand:

  • For example, an India rate page in early February 2026 shows about ₹15,316 per gram for 24K , ₹14,039 for 22K , ₹11,487 for 18K , reflecting local tax and market structure.
  • Similar “per gram” live calculators exist for the US, UK, and EU, where you can plug in grams and karats to estimate a fair value.

This is why your “per gram” price in a shop rarely matches the simple USD‑spot conversion exactly.

5. How to quickly estimate it yourself

If you want a fast back‑of‑the‑envelope check:

  1. Look up the current gold price per ounce (XAU/USD) on a financial site.
  2. Divide by 31.1035 to get USD per gram of 24K.
  3. Multiply by purity :
    • 22K: × 0.916
    • 18K: × 0.75
  4. Adjust mentally for:
    • Local tax.
    • Shop markup (if you’re buying).
    • Buyer discount (if you’re selling).

This won’t match to the cent, but it gives you a sanity-check so you know if an offer is wildly off.

6. Why gold per gram is a trending topic

  • Gold hit historically high levels in late 2025 and early 2026 , with spot prices far above the levels a few years ago.
  • That makes people:
    • Re-check old jewelry drawers and consider selling.
    • Worry about inflation and look to gold as a “safe haven” store of value.
    • Argue on forums about whether gold is “too high” or “still cheap” for the long term.

In online discussions, you’ll often see posts like:

“My local shop is paying way less than the online ‘per gram’ price. Am I getting ripped off?”

Usually the gap is shop margin plus purity differences, not pure scam—but comparing several buyers and using a calculator helps keep things fair.

TL;DR:
Right now, 1 gram of pure (24K) gold is roughly in the 150–155 USD range at spot in early February 2026, but the real price you pay or receive will shift with purity, local taxes, and dealer markups.

Information gathered from public forums or data available on the internet and portrayed here.