Wednesday, March 17, 2010

Calculating the Gold Price Per Gram

Many people need to calculate the gold price in grams - people in Europe and people who have a small gold item that is measured in grams . This article gives three easy steps for someone to calculate the gold price in grams

The Gold Price is measured in Troy Ounces. When you see the current gold price it is for one troy ounce of gold

Go to and get the current price of gold from the table on the left side of the screen
One Troy Ounce has 31.1034768 grams.

Many people round the number to 31.1 but for the purposes of this article we will use the full number of 31.1034768
With your calculator - divide the current price of gold by 31.1034768 and this will give you the current price of gold per gram.

Alternatively you can visit different gold calculator websites such as the one linked to this website and it will calculate the price for you.

In Gold We Trust is an online Scrap Gold Calculator giving up to the minute scrap gold prices and will calculate the gold price per gram

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