Gold Price per Gram, Karat & Country, Explained (2026)
By the Profitvana Editorial Team · Updated May 2026
Gold is quoted as one global price, yet the number you see per gram differs by karat and by country. Here is how it all fits together in 2026.
From per ounce to per gram
Gold trades internationally in US dollars per troy ounce, which is about 31.1035 grams. Divide the ounce price by 31.1035 and you get the price of one gram of pure (24K) gold.
What the karats mean
Karat is purity out of 24. 24K is pure gold; 22K is 91.7%; 21K is 87.5% (common in the Gulf); 18K is 75%. To get a karat's price, multiply the 24K gram price by that fraction — 22K = 24K × 22/24.
Why the price differs by country
The metal is the same everywhere, but each country prices it in its own currency. So the local gold price moves with both the global gold market and that currency's exchange rate — which is why our gold pages show each country in its own currency.
Spot vs the shop price
What we show is the raw spot value of the metal. Jewellers add a premium and making/workmanship charges, and some regions add tax, so the retail price is always above spot. Spot is the right figure for valuing metal you actually own.
Why physical gold, not the daily charts
After years working in financial markets and technical analysis, our view is that gold's real value to most people is not a trade to time, but a tangible store of wealth held for the long term — outside the noise of daily price swings.
That is why these pages focus on the plain spot value per gram and karat: an honest number for valuing metal you hold, not a signal to buy or sell. Owning the asset, and knowing what it is worth, is the point.
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Profitvana Editorial Team
We research marketplace, payment, and finance fees directly against each platform’s official, published rates, and stamp every calculator with the date it was last verified. We publish exactly how we work — and never let ads change a result.