How much does a gram of 9-carat gold cost?

The gold carat is a unit of measurement indicating the purity of solid gold for jewelry gold. A jeweler's carat corresponds to 1/24th part pure gold of the total mass of a gold alloy. The higher the carat, the richer the gold alloy. The lowest carat,9-carat gold, is composed of 37.5% pure gold, also known as 375 thousandths gold. This must be taken into account when calculating the price per gram of 9-carat gold.

9-carat gold

While18-carat gold is mainly found in France,14-carat and22-carat gold are also available abroad. Finally, 24-carat gold exists only in the form of investment gold, most often in the form of gold coins and bars.
As the different carats of gold do not have the same pure gold content, they do not have the same value when it comes tobuying and selling gold.

The price per gram of 9-carat gold is calculated on the basis of the price of pure gold.
Follow the price per gram of 9-carat gold in real time, updated every two minutes during the opening hours of the official gold and commodities market.

Contact an expert :
01 48 04 76 06 Form Our counters >

How to calculate the price per gram of 9-carat gold?

Value per gram of 9-carat gold

To calculate the value of a gram of 9-carat gold, divide the price of gold per kilo by 1000 to find the price of a gram of pure gold, and multiply by the pure gold content of9-carat gold, which is 37.5%.

This gives us the following formula:
(gold price per Kg ÷ 1000) x 0.375 = value per gram of 9-carat gold.

Let's take an example with a gold bar price of €50,000.
The gold bar weighs 1 kg, so we divide by 1000 to get the price per gram of fine gold: 50000 ÷ 1000 = €50 per gram of pure gold.
9-carat gold contains 37.5% pure gold, so we get €50 x 0.375 = €18.75.

This is the indicative 9-carat gold value , which is not an actual gold purchase or resale price. We'll explain why.

Redemption price of a gram of 375 thousandths gold

To calculate the price of 9-carat gold for gold redemption, several factors need to be taken into account.
9-carat gold jewelry is made or repaired with low-grade solder. In addition, steel may be used for springs, clasps, screws, pins in bracelets and so on. In addition, the process of extracting pure gold from the alloy entails losses, including melt loss and restitution rate.

These losses lead to an average gold recovery rate of 30% for the 9 KT.
The calculation is as follows: 50 € x 0.30% = 15 €.
Finally, you need to deduct the gold buyer's fees, which are around 10% for the most serious buyers. To find out the buy-back price of a gram of 9-carat gold at the scrapyard, the calculation should be: €15 x 0.90 = €13.50/gram of 9-carat gold.

Avoid getting ripped off with 9K gold

Now that you know all about calculating the value of 9-carat jewelry gold and its redemption price, here's how to avoid scams.

We have seen that at a stock market price of €50,000 per kilo of pure gold, 9-carat gold is worth €13.50.
Some companies advertise exactly or more than this price for 9-carat gold. But you now know that this does not apply to the price of 9-carat jewelry. These attractive ads only serve to lure you into buying back your gold jewelry at a completely different price.

So pay attention to the advertised sums, which may seem better. But beware of the rest of the transaction too, as you may be in for more surprises until the money is paid. This is regularly the unfortunate habit of occasional gold buyers in hotels, tobacconists, franchises and others with negative reputations and returns. With this type of buyer, the price of 9-carat gold is on average 40% cheaper, which borders on the indecent.

For example, while the price per gram of 9-carat gold is €14 at Abacor, it is €9 at franchises, €12 at jewelers and up to €13 at true professionals.

Contact an expert :
01 48 04 76 06 Form Our counters >

Real-time price per gram of 9-carat gold

Live Price Chart


Where to buy and sell 9-carat gold in Paris?

Gold Franc coins

A French precious metals trading company since 1996, Abacor offers a service forbuying and selling 9-carat gold and for investing in gold at the best prices.

Our gold experts are on hand to advise and support you inbuying and selling 9-carat gold. We welcome you to our branches for a free appraisal of your 9-carat gold jewelry, and to resell old jewelry, old gold for sale, and any other gold jewelry. Take advantage of the experience of our professionals who will guide, advise and inform you.

Abacor offers comprehensive support. In addition to informing you about gold prices, quotations and the price of 9-carat gold, you benefit from total support. When you buy or sell 9-carat gold with Abacor, you can be sure of accessing the gold market under the best possible conditions.

01 48 04 76 06
0
    0
    Your basket
    Your basket is emptyStart shopping