Gold Price Today in South Africa — Per Gram Rates in Rand
Looking for the gold price today in South Africa? This page shows the indicative melt value of gold per gram for every common karat, plus current Krugerrand values — all converted to Rand so you know what your gold is worth before you sell. Rates below are calculated from the international spot price of $4,181 per ounce and a USD/ZAR exchange rate of 16.50, updated 18 October 2026.
Gold Price per Gram Today (Indicative Melt Values)
| Gold Karat | Purity | Price per Gram (ZAR) |
|---|---|---|
| 9ct (375) | 37.5% gold | ± R832 / gram |
| 14ct (585) | 58.5% gold | ± R1,298 / gram |
| 18ct (750) | 75% gold | ± R1,664 / gram |
| 22ct (916) | 91.6% gold | ± R2,032 / gram |
| 24ct (999) | 99.9% gold | ± R2,216 / gram |
These are indicative melt values — the value of the pure gold content itself. For a quick estimate of your own items, try our gold karat calculator, or read how selling gold works from first message to payment.
Krugerrand Price Today
Krugerrands are South Africa's best-known gold coins, and their value tracks the gold price directly because each size contains a precise weight of fine gold:
| Krugerrand Size | Fine Gold Content | Indicative Value (ZAR) |
|---|---|---|
| 1 oz Krugerrand | 1 troy oz (31.1g) | ± R69,004 |
| ½ oz Krugerrand | 0.5 troy oz (15.55g) | ± R34,502 |
| ¼ oz Krugerrand | 0.25 troy oz (7.78g) | ± R17,251 |
| 1/10 oz Krugerrand | 0.1 troy oz (3.11g) | ± R6,900 |
Krugerrands frequently sell at a small premium above melt value because they are legal tender and globally recognised. Proof coins and rare years can be worth considerably more. See the coins we buy on our sell gold coins and Krugerrands page, or browse the full gold coin catalogue.
Why Is My Offer Lower Than the Gold Price Today?
The spot gold price is the wholesale market rate for pure, refined gold. Between that number and the cash in your hand sit real costs: assaying and refining scrap gold back to pure bars, secure handling, and the buyer's margin. Reputable gold buyers typically pay a clear percentage of melt value — and the percentage should be explained to you, item by item, in front of you.
Two things can push your offer above melt value: recognised coins such as Krugerrands, and branded or well-preserved jewellery and watches that are worth more intact than melted. Pot of Gold assesses every item both ways and offers whichever route pays you more.
How to Calculate What Your Gold Is Worth
- Find the karat. Look for stamps like 9ct, 375, 585, 750, 916 or 999 on the clasp or inner band.
- Weigh the item in grams. A kitchen scale gives a rough figure; we weigh on a calibrated scale.
- Apply the formula: weight × purity × today's price per gram. A 10g 18ct chain at today's rate contains about 7.5g of pure gold — roughly R12,480 in melt value.
Prefer not to do the maths? WhatsApp a photo of your items and the stamps, and Neville will give you an honest estimate at today's gold price — free and with no obligation.
Gold Price FAQ
What is the gold price per gram in South Africa today?
On 18 October 2026 the indicative melt value is about R832 per gram for 9ct, R1,664 for 18ct and R2,216 for 24ct gold, based on a spot price of $4,181 per ounce and a USD/ZAR rate of 16.50. Prices move daily, so contact us for a valuation at today's exact rate.
What is a Krugerrand worth today?
A 1 oz Krugerrand contains one troy ounce of fine gold, so its melt value tracks the gold price directly — about R69,004 on 18 October 2026. Smaller sizes are proportional, and coins often trade at a small premium above melt.
Why do gold buyers pay less than the spot gold price?
Spot is the wholesale rate for pure gold. Buyers pay a percentage of melt value to cover refining, assaying and handling. A trustworthy buyer explains the percentage and the full calculation in front of you before you decide.
How often does the gold price change?
Continuously during global trading hours — and the Rand exchange rate moves too. The Rand value of your gold can change from day to day, which is why we always value against the live rate at your appointment.
Sell Your Gold at Today's Price
Gold prices change daily — lock in a valuation at today's rate. Free collection across Johannesburg and Gauteng, testing and weighing in front of you, instant payment on acceptance.