16k Gold Price per Gram Today (2024): Price, Charts and History

Latest 16k gold price per gram: USD 43.58
Last Update: 28 February 2024

This article gives an overview about the 16k gold price per gram today in USD, history of daily prices in a table and a calculator a formula for calculating the 16k gold price per gram from ounce.

16k Gold Price per Gram on 28 February 2024: USD 43.58

16k gold jewelry is not a common fineness.
16k gold jewelry is not a common fineness.

16k is short for 16 karat (in the United States) or 16c, 16 carat (in most other English speaking countries). 16 karat ist relevant for gold jewelry. Pure gold is 24 karat. Therefore, 16k is 66.7% of pure gold, and 66.7% of the price of pure gold. This is also called 667 gold.

16k karat is not a common gold fineness. Popular in Western countries are 10k, 14k, 18k. In China, India and other Asian countries also 20k, 21k, 22k and 24k. In some countries, 9k and and 8k gold jewelry is produced. Rare is 12k, 16k and 23k gold jewelry.

16k Gold Price per Gram: Daily Price

Here is an overview of the historical development of the 16k gold price per gram of the last 30 days. Gold prices are set from Monday till Friday (similar to the stock market). Therefore, weekends list the price of Friday.

Table with 16k gold price in USD of the last 30 days:

DateGold Price
28. Feb. 2024USD 98.05
27. Feb. 2024USD 97.89
26. Feb. 2024USD 97.86
25. Feb. 2024USD 98.19
24. Feb. 2024USD 98.19
23. Feb. 2024USD 98.25
22. Feb. 2024USD 97.57
21. Feb. 2024USD 97.68
20. Feb. 2024USD 97.71
19. Feb. 2024USD 97.27
18. Feb. 2024USD 97.10
17. Feb. 2024USD 97.10
16. Feb. 2024USD 97.07
15. Feb. 2024USD 96.70
14. Feb. 2024USD 95.97
13. Feb. 2024USD 96.07
12. Feb. 2024USD 97.37
11. Feb. 2024USD 97.63
10. Feb. 2024USD 97.63
09. Feb. 2024USD 97.64
08. Feb. 2024USD 98.00
07. Feb. 2024USD 98.16
06. Feb. 2024USD 98.19
05. Feb. 2024USD 97.73
04. Feb. 2024USD 98.32
03. Feb. 2024USD 98.32
02. Feb. 2024USD 98.31
01. Feb. 2024USD 99.10
31. Jan. 2024USD 98.67
30. Jan. 2024USD 98.22

16k Gold Price from 1 Gram to 1000 Gram

This is an overview of the gold price for 16 karat in different weights from 1 gram to 1kg (1000 gram):

WeightGold Price
1 gramUSD 43.58
2 gramUSD 87.16
5 gramUSD 217.90
10 gramUSD 435.80
20 gramUSD 871.60
25 gramUSD 1,089.50
50 gramUSD 2,179.00
100 gramUSD 4,358.00
200 gramUSD 8,716.00
250 gramUSD 10,895.00
500 gramUSD 21,790.00
1000 gramUSD 43,580.00
1 kgUSD 43,580.00

16k Gold Price per Gram Calculator

If you enter gram, the value in 16k gold will be calculated.
If you enter USD, it will be calculated how much gram you need to be worth this value.




 

Formula: Calculating the 16k Gold Price per Gram

gold rings have somtimes 14k gold. when selling and buying gold jewelry, it is important to know the 14k gold price per gram.
Gold rings have somtimes 16k gold. When selling and buying gold jewelry, it is important to know the 16k gold price per gram.

The price of gold is quoted in troy ounce. This is 31.1034768 gram. Therefore, one gram of gold is 1 divided by 31.1034768 (roughly one-thirty).

If the price of one ounce of gold is USD 2,033.04, then one gram is USD 2,033.04 / 31.1034768. This is USD 65.36. As we have 16k of gold, we need to reduce the price to 16k gold content, or 66.7%. So the final price for 16k gold per gram is: USD 65.36 * 0.667 = USD 43.58.

Instead of doing all the calculating steps, just use:

price of gold in ounce * 0.02143383104 = 16k gold per gram

In our example: USD 2,033.04 * 0.02143383104 = USD 43.58

Current Market Scenario

Current 16k Gold Price per Gram

As of 28 February 2024, the 16k gold price per gram is around USD 43.58 This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.

Factors Influencing the Price of 16k Gold

The price of 16k gold is influenced by a multitude of factors. These include the international gold market and the overall economic health. Additionally, factors like mining costs, gold production, and changes in jewelry and industrial demand also play a significant role in determining the gold price trends.

Historical Trends in 16k Gold Prices

Historically, the price of 16k gold has seen both highs and lows. Over the past decade, gold prices have generally been on an upward trend, with occasional dips. This is largely due to increasing demand, geopolitical tensions, and economic uncertainties. Understanding these historical trends can help in making informed predictions about future gold price trends.

Read about the history of gold.

What is 16k Gold Worth per Gram?

The current price of 16k gold per gram is USD 43.58. This value can fluctuate based on various factors, including market demand, geopolitical events, and economic conditions. It’s essential to note that the price of gold can vary depending on the region or country, and it’s always a good idea to check the most up-to-date pricing.

The Gold Price for Other Weights and Units

Check out the gold price for other weights in gram: 1g gold, 2g gold, 5g gold, 10g gold, 20g gold, 37.5g gold, 50g gold, 100g gold, 250g gold, 500g gold and 1,000g gold.

FAQ: Prices in Different Countries and Currencies

What is the 16k gold price per gram in the USA?

In the United States the price of 16k gold per gram is USD 43.58. as of 28 February 2024. This price is subject to fluctuation based on market conditions and the purity of the gold. It’s always a good idea to check the latest rates from a reliable source before making any transactions.

What is the 16k gold price per gram in United Kingdom?

In the United Kingdom, the price of 16k gold per gram is GBP 34.45 as of 28 February 2024. The price of gold can vary depending on the market conditions and the purity of the gold. Always ensure to check the current rates from a trusted source.

What is the 16k gold price per gram in Canada?

As of 28 February 2024, the price of 16k gold per gram in Canada is CAD 59.13. This price can fluctuate based on the market conditions and the purity of the gold. It’s recommended to check the latest rates from a reliable source before making any transactions.

What is the 16k gold price per gram in Singapore?

In Singapore, the price of 16k gold per gram is SGD 58.67 as of 28 February 2024. The price of gold can vary depending on the market conditions and the purity of the gold. Always ensure to check the current rates from a trusted source.

What is the 16k gold price per gram in Australia?

As of 28 February 2024, the price of 16k gold per gram in Australia is AUD 67.12. This price can fluctuate based on the market conditions and the purity of the gold. It’s recommended to check the latest rates from a reliable source before making any transactions.

What is the 16k gold price per gram in Euro?

In countries with the Euro (Germany, France, Spain, Italy …), the price of 16k gold per gram is EUR 40.23 as of 28 February 2024. The price of gold can vary depending on the market conditions and the purity of the gold. Always ensure to check the current rates from a trusted source.

What is the 16k gold price per gram in China?

As of 28 February 2024, the price of 16k gold per gram in China is approximately CNY 313.66. This price can fluctuate based on the market conditions and the purity of the gold. It’s recommended to check the latest rates from a reliable source before making any transactions.

What is the 16k gold price per gram in New Zealand?

In New Zealand, the price of 16k gold per gram is NZD 71.55 as of 28 February 2024. The price of gold can vary depending on the market conditions and the purity of the gold. Always ensure to check the current rates from a trusted source.

What is the 16k gold price per gram in the UAE?

As of 28 February 2024, the price of 16k gold per gram in the UAE, the United Arab Emirates (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain) is AED 160.05. This price can fluctuate based on the market conditions and the purity of the gold. It’s recommended to check the latest rates from a reliable source before making any transactions.

What is the 16k gold price per gram in Thailand?

In Thailand, the price of 16k gold per gram is THB 1,568.29 as of 28 February 2024. The price of gold can vary depending on the market conditions and the purity of the gold. Always ensure to check the current rates from a trusted source.

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