What Is 10K Gold Worth Per Gram?
What Is 10K Gold Worth Per Gram? Gold has captivated human civilization for millennia — as currency, jewelry, and a universal symbol of wealth. But how much is your gold actually worth today, especially when it’s labeled 10K? Let’s dig into the technical side of gold valuation, focusing on grams, purity levels, and market dynamics.
Understanding Gold Purity: What Does 10K Mean?
Gold’s purity is measured in karats, where 24K represents pure gold. A piece marked 10K means it is 41.67% pure gold and the rest is typically made up of other metals like copper, silver, or zinc to increase durability. Here’s the breakdown:
- 24K – 99.99% pure
- 18K – 75% pure
- 14K – 58.33% pure
- 10K – 41.67% pure
So, when you weigh a gram of 10K gold, less than half of that weight is actual gold content. This affects how it's priced and valued on the open market.
Spot Price vs Scrap Price: What You Actually Get
The spot price of gold refers to the current trading price for pure gold (24K) per troy ounce on international markets. This figure fluctuates minute by minute due to supply and demand, geopolitical factors, inflation, and currency strength.
Today's spot price: $4,199.30 per troy ounce
Approximate 24K price per gram: $135.01
However, most consumers are selling scrap gold—old jewelry, broken chains, or outdated rings—which rarely consists of 24K gold. This is where the scrap gold price comes in. It reflects the actual gold content, labor costs, refining losses, and buyer profit margin.
10K Gold Price Per Gram Today
Since 10K gold is only 41.67% pure, its value per gram is much lower than 24K. Here’s a detailed table to help you see how gold value scales by karat:
| Karat / Type | Gold Purity | Price Per Gram |
|---|---|---|
| 24K (Pure Gold) | 100% | $135.01 |
| 22K | 91.67% | $123.76 |
| 21K | 87.5% | $118.13 |
| 20K | 83.33% | $112.50 |
| 18K | 75% | $101.26 |
| 16K | 66.67% | $90.01 |
| 14K | 58.33% | $78.75 |
| 10K | 41.67% | $56.26 |
So, if the current price per gram of 24K is $135.01, the market value of 10K gold would be approximately $56.26.
Why You Don’t Get the Full Market Value
Gold buyers, refiners, and smelters play an essential role in reclaiming the pure gold from your jewelry. This process incurs costs—melting, assaying, refining, and potential loss of gold due to impurities. As a result, you will typically receive a percentage of the gold value depending on the buyer’s payout policy. Some pay as little as 50%, while others—like Robinson's Jewelers—offer highly competitive rates.
Tips to Maximize What You Get for 10K Gold
- Weigh your gold accurately in grams.
- Know the karat stamp and verify purity if uncertain.
- Use current gold price calculators with live spot prices.
- Choose a reputable buyer with transparent pricing and fast turnaround.
Curious how the process works? Watch our full step-by-step breakdown here: Gold Selling Videos & Guides.
Sell Your 10K Gold Confidently with Robinson's Jewelers
At Robinson's Jewelers, we specialize in making your gold selling experience safe, fast, and rewarding. Whether you have 10K, 14K, 18K or any type of gold jewelry, you can trust our decades of experience and commitment to top payouts.
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