Live Market Data · Auto-Updated
Gold Price Today
Current gold spot price in USD — per troy ounce and per gram.
Historical Gold Price Chart
Historical prices: COMEX daily close (Yahoo Finance) · Current spot: GoldAPI.io
Market Price vs. Our Purchase Price — Gold market prices are provided for reference only. Our purchase offers are based on verified gold purity, actual gold weight, and current market conditions. Market prices are not our purchase prices.
Precio de Mercado vs. Nuestro Precio de Compra — Los precios del oro en el mercado son solo de referencia. Nuestras ofertas de compra se basan en la pureza verificada del oro, su peso real y las condiciones actuales del mercado. Los precios del mercado no representan nuestros precios de compra.
What Is the Gold Spot Price?
The gold spot price is the current market price for one troy ounce of pure (24-karat) gold, traded on international commodity exchanges. It changes continuously during trading hours based on global supply and demand, currency movements, and economic conditions. The price shown above is sourced from GoldAPI.io and reflects the latest available market data — typically updated every few minutes during market hours.
One troy ounce equals approximately 31.1 grams. Gold is always quoted in troy ounces on commodity markets, not standard avoirdupois ounces. The per-gram price shown above is calculated by dividing the troy ounce price by 31.1034768.
Gold Karat Purity Explained
Karat (abbreviated K or kt) measures the purity of gold in an alloy. Pure gold is 24 karats. Most jewelry is made from lower-karat alloys because pure gold is too soft for everyday wear.
24K — 99.9% pure gold
Bullion coins, bars, investment gold
22K — 91.7% pure gold
High-quality jewelry, some coins
18K — 75.0% pure gold
Fine jewelry, European standard
14K — 58.3% pure gold
Most common in US jewelry
10K — 41.7% pure gold
Minimum legal "gold" in the US
The karat value table above shows the theoretical market value per gram at each purity level, calculated from the current spot price. These are market reference values — not the prices you will receive when selling your gold.
How Gold Buyers Determine Your Offer
When you bring gold jewelry to Top Dollar Gold Buyers, we evaluate three things: the actual gold content (karat purity), the weight of the gold, and the current market price. Here's how the process works:
- 1. Verify purity:We carefully examine each piece using professional gold-testing methods, including electronic testing and acid testing when appropriate, to help determine its karat purity.
- 2. Weigh the gold:We weigh your items on a calibrated digital scale in grams. We weigh only the gold-bearing metal — stones, clasps, and non-gold parts are excluded.
- 3. Calculate the value:We multiply the verified gold weight by the purity fraction and the current market price per gram to determine the gold's market value.
- 4. Make an offer:Our offer reflects the gold's market value minus our operating costs. We aim to pay competitively — we want you to leave satisfied and tell your friends.
There is no obligation to accept our offer. Evaluations are always free. Request a free quote online or call us at 661-889-4145 to discuss your items before visiting.
Ready to sell your gold?
Get a free, no-obligation evaluation. We pay based on verified purity and weight at current market rates.