How Much Is 31 Grams of 24K Gold Worth?
Estimates use the same USD spot basis as our calculators. Not financial advice, not a purchase offer, and not a guarantee of what any buyer will pay.
This weight band is common for everyday jewelry lots. Separate by karat first, then compare offers as a % of melt.
Mid-range weights often come from multiple pieces sold together—separate karats first to avoid blended offers.
Adjacent gram pages: ← 30g32g →
At the live spot used on this site (USD), 31 g of 24K gold has a rough melt value of about $4,494.38. This is not a purchase offer—just an estimate from spot × weight × purity.
Weighing & sorting tips
- If your buyer tests only one spot, ask them to test a second point on repaired pieces (solder areas can read differently).
- If the item is plated or filled, it won’t follow karat melt math; check stamps like GF/GP/HGE before using a gold-only estimate.
Gold Value Calculator
Adjust this price to project a future value. 24K per troy oz.
Total gold value$4494.38
Current 24K price • $144.98/gram • $4509.39/oz
Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.
Same USD spot basis as the estimates on this page. Adjust weight, unit, or karat to explore scenarios.
How we calculate melt
This page uses our live USD per-gram rate for 24K (derived from spot and purity), not the headline 24K figure alone. In words: 31 g × 24K alloy × $144.98/g ≈ $4,494.38 full metal value before any buyer haircut.
What buyers might pay for this weight (illustrative)
Dealers pay a share of melt. Below uses the same total melt as this page ($4,494.38). Mid-size lots are prime for comparison shopping: pawn (fast cash) vs online (higher %) vs refinery (best for bulk).
| Buyer type | Typical % of melt | Est. offer (USD) |
|---|---|---|
| Pawn shop | 50–70% | $2,247.19 – $3,146.07 |
| Local gold buyer / jeweler | 65–80% | $2,921.35 – $3,595.50 |
| Online / mail-in buyer | 80–92% | $3,595.50 – $4,134.83 |
| Refinery (bulk / high volume) | 88–95% | $3,955.05 – $4,269.66 |
Ranges are common experience bands; shops and mail-in buyers vary. Not a quote.
Melt value by karat (31 g)
Related links
FAQ
- How much is 31 grams of 24K gold worth?
- At the live USD spot price we use on MyGoldCalc, 31 g of 24K gold has a rough melt value of about $4,494.38. That is weight × 24K purity × gold price per gram—not a quote to buy your item.
- Is $4,494.38 what a pawn shop will pay?
- Usually not. Pawn shops and many buyers pay a percentage of melt—often roughly 50–70% for quick cash purchases. Online buyers may pay a higher percentage. Always get multiple offers.
- What if my lot has mixed karats?
- Separate by stamp (10K/14K/18K etc.) and weigh each group. A single blended offer for mixed karats is often lower than itemized pricing.
- Does 24K gold price change every day?
- Spot gold moves with the market. Our pages refresh on a regular schedule (ISR). Use the same spot basis as our calculators when comparing numbers.