How Much Is 1 Gram of Gold Worth? Find Out the Real Value
Curious about how much 1 gram of gold is really worth? Whether you’re thinking about selling that old necklace or investing in gold bars, knowing the true value of gold per gram can make all the difference. Gold prices rise and fall with the tides of the global market, and a smart seller knows how to ride those waves for the best deal. Dive into what shapes the price of gold today and learn how to get the most from your gold—especially if you want to sell gold in Singapore with confidence.
What Determines the Price of 1 Gram of Gold?
The value of gold per gram is not fixed—it fluctuates based on the global gold market. Several key factors influence this price:
- Global Market Demand: Gold prices tend to rise during economic uncertainty, inflation, or geopolitical tensions, as investors flock to gold as a “safe haven.”
- Currency Strength: Since gold is usually priced in U.S. dollars, fluctuations in currency exchange rates impact local gold prices.
- Supply and Production: Mining output and recycling rates also affect gold availability and prices.
- Central Bank Policies: Central banks buying or selling gold reserves can influence market prices.
As of August 2025, the spot price for gold hovers around $107.75 USD per gram. But this is just the base price for pure gold (typically 999 purity).
How Does Purity Affect the Price of Gold Per Gram?
The price you pay or receive depends on the purity of your gold. For example:
- 24K or 999 gold will be priced near the spot market price.
- 22K or 916 gold will cost slightly less because it contains 91.6% pure gold.
- Lower karat gold (18K, 14K) will be priced even lower.
If you own jewellery made from 916 gold and want to sell it, the buyer will calculate the gold value based on its weight and purity, then adjust for craftsmanship or condition.
Selling Gold in Singapore: What You Need to Know
If you plan to sell gold in Singapore, it’s important to find a reputable and trustworthy buyer. Prices offered can vary significantly from one dealer to another, so always shop around.
- Check the current gold price per gram before visiting a buyer.
- Understand the purity of your gold items.
- Ask for transparent quotations.
- Look for buyers who offer competitive prices close to the global spot price.
Many sellers get confused about deductions and fees, so it’s essential to understand how much you’ll receive after the buyer’s commission or charges.
Where to Sell Gold in Singapore for the Best Price?
One of the most trusted names in the market is Jumbo Gold and Diamonds. Known for transparent dealings and competitive pricing, our experienced appraisers ensure you get a fair evaluation based on current market conditions.
How to Calculate the Value of 1 Gram of Gold You Own
To estimate how much 1 gram of your gold is worth:
1. Find the current spot price per gram (e.g., $107.75 USD).
2. Adjust for purity: Multiply by the purity percentage (e.g., for 916 gold, multiply by 0.916).
3. Convert currency: If needed, convert USD to SGD using the current exchange rate.
4. Consider condition and market premiums: Jewellery might be worth more or less depending on craftsmanship and demand.
Should You Sell Gold Now?
If you’re wondering when to sell gold, consider the market trends. Gold prices fluctuate based on global economic factors, so timing your sale when prices are high can maximise your returns.
Conclusion
Knowing the real value of 1 gram of gold helps you make informed decisions, whether buying, investing, or selling. For those who want to sell gold in Singapore, dealing with reputable buyers is key to ensuring fair value and smooth transactions.
Jumbo Gold and Diamonds offers professional service, transparent pricing, and competitive offers that reflect the true worth of your gold. Contact us today to get a free appraisal and make the most of your gold assets today!