Though the price of gold fluctuates constantly, the price generally used by gold buyers when making you an offer for your scrap gold is called the London Fixing which we explain in a little more depth on our Current Gold Price page.

The price is published twice a day and is quoted per troy ounce.
For your reference we will list the price here converted into grammes and show the equivalent price for the common purities of gold.

Gold Price per Gram 2nd August 2011

For the record there are 31.1034768 grammes in 1 Troy Ounce.

Remember the prices quoted above are for shiny new bullion bars as traded on the commodity exchanges. This represents the absolute maximum your gold is worth, anyone buying your gold should offer you less than this to cover the costs involved in recycling your gold, as well as their profit margin.

Please check out this page for the Price of Gold Today per Ounce

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