Precious metals
Gold Price in Australia
Live gold price per gram and per ounce, by karat, in AUD.
193.22 AUD
per ounce: 6,009.78 AUD · per tola: 2,253.67 AUD
| Karat | Per gram | Per ounce |
|---|---|---|
| 24K | 193.22 AUD | 6,009.78 AUD |
| 22K | 177.12 AUD | 5,508.96 AUD |
| 21K | 169.07 AUD | 5,258.56 AUD |
| 18K | 144.91 AUD | 4,507.33 AUD |
Raw metal (spot) value — shops pay less when buying and charge more when selling (premium + making charges).
Typical making charges: souk ~6–10%, branded jewellery ~15–25%. Rough estimate — negotiate!
Silver: 2.81 AUD / gram
Spot prices via gold-api.com, updated 2026-10-11 — for information only, not financial advice, and not our responsibility for any decisions made using them. Jewellers add a premium and making charges over spot, so retail prices are higher.
Gold price in Australia, explained
Gold trades globally in US dollars per troy ounce. To show the price in AUD, we convert at the live exchange rate and divide by 31.1035 grams, then adjust for karat purity. That is why the local price moves with both the gold market and the AUD exchange rate.
Need the price in another currency? Use our currency converter.
Gold in Australia: the local market
The Perth Mint — one of the world's major refiners — makes Australia a bullion country: Kangaroo coins and mint bars dominate, with jewelry mostly 9K and 18K.
Investment-grade gold (99.5%+ purity) is GST-free, and the Perth Mint's depository programs let Australians hold allocated metal without taking delivery.
Local units & today’s value in AUD
| Unit | 24K | 18K (local standard) |
|---|---|---|
| 1 gram | 193 AUD | 145 AUD |
| 1 troy ounce(31.1035 g) | 6,010 AUD | 4,507 AUD |
Spot value only — local shops add making charges and any taxes. Prices as of 2026-10-11.
How an Australian dealer quote is built
Australian dealers quote Perth Mint Kangaroos and bars at a premium over the US-dollar spot converted to Australian dollars, with investment gold of 99.5% purity or higher free of GST. Jewellery is stamped in karats and 9K — only 37.5% gold — is the most common, so a 9K piece is worth less than half of what its weight suggests at the 24K rate.
Selling gold in Australia
The Perth Mint and bullion dealers buy coins and bars back at a small discount to spot; jewellery goes to refiners at melt value. Gold held as an investment is subject to capital gains tax on sale, with the 50% discount available after twelve months, while items bought for personal use under A$10,000 are exempt.
Zakat nisab in AUD today
The gold nisab — the minimum wealth at which zakat becomes due — is 85 grams of pure gold. At today’s spot price that is about 16,424 AUD. If your zakatable wealth is above this, work out what you owe with our zakat calculator (live nisab, gold or silver method).
Gold price in other countries
Frequently asked questions
What is the gold price per gram in Australia today?+
This page shows the live 24K gold price per gram in AUD, along with 22K, 21K and 18K. It is the international spot price converted to AUD and divided per gram, updated hourly.
Why is the jeweller's price in Australia higher than this?+
This is the raw metal (spot) value. Shops add a premium plus making charges, and local taxes may apply, so the retail price is higher than spot.
Which karat is most common in Australia?+
18K (75.0% pure) is the karat most commonly traded in Australia. 24K is pure gold; lower karats mix in alloy and cost proportionally less per gram. Note: Investment gold (99.5%+) is GST-free.