Common questions about gold in the US
Straight answers to what people search for most
What is the gold price per ounce today?
The live calculated figure per troy ounce is on the US gold price page, and pure gold is 132.69 USD per gram right now. It is a world market value, not a dealer's price.
What is the gold spot price today?
Spot is the current market quote in dollars per troy ounce, and the US gold price page shows our calculated figure with the time of the last update. Dealers sell above it and buy below it.
How much is 14K gold worth per gram today?
The calculated 14K value is 77.40 USD per gram right now. A buyer will normally offer less, and the 14K price page shows the chart and the value of 10 grams.
How much is 18K gold per gram today?
The calculated 18K value is 99.52 USD per gram, because 18K is 75% pure gold. See the 18K price page for the value of 10 grams and the chart.
How many grams are in a troy ounce of gold?
31.1035 grams, compared with 28.35 grams in a regular ounce. Our guide to the gold price per ounce shows why the difference matters.
Why is gold more expensive at a dealer than the spot price?
The dealer adds a premium to cover its costs and profit. The CFTC says dealers always sell above spot and buy below it, and our guide to dealer premiums shows how to compare two offers.
What is a good premium on gold?
We cannot name a fair figure because premiums change with the product and the dealer. Work out each offer as a percentage of spot, then compare, using our premium guide.
How do I work out the melt value of gold?
Multiply the weight in grams by the value per gram for its karat. The gold calculator does it for you, using the current calculated value.
Is this the official US gold price?
There is no official US gold price. This is a calculated value from the world market, and the method page explains how we get it.
Is gold taxed as a collectible in the US?
The IRS says net capital gains from selling collectibles, such as coins or art, are taxed at a maximum 28% rate. Ask a tax professional how that applies to your gold, and see our guide to buying costs.
Does gold have sales tax in the US?
It depends on your state, so check with your state tax agency. You can add a rate to the gold calculator to see the effect on a purchase.
When does the gold price update on this site?
It follows the global market and shows the time of the last update in Eastern time. The market closes from Friday evening to Sunday evening, and the previous days table lists recent closes.