How Much Is 5 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.

Light-weight pieces (roughly under 10 g) are common for single rings, small chains, or earrings. Heavier items add up quickly—compare with a kitchen scale.

Clasps and jump rings can be a different metal or karat; ask buyers whether they deduct non-gold parts.

Adjacent gram pages: 4.5g5.5g →

At the live spot used on this site (USD), 5 g of 24K gold has a rough melt value of about $724.90. This is not a purchase offer—just an estimate from spot × weight × purity.

Weighing & sorting tips

  • 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.
  • Weigh without stones when possible; stone settings add weight but not scrap metal value for most buyers.

Gold Value Calculator

$/troy oz

Adjust this price to project a future value. 24K per troy oz.

Total gold value$724.90

Current 24K price$144.98/gram • $4509.39/oz

Est. offer at%:$362.45

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: 5 g × 24K alloy × $144.98/g ≈ $724.90 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 ($724.90). Local jewelers sometimes match mail-in rates on small lots if you can show your melt estimate and stamps.

Buyer typeTypical % of meltEst. offer (USD)
Pawn shop5070%$362.45$507.43
Local gold buyer / jeweler6580%$471.19$579.92
Online / mail-in buyer8092%$579.92$666.91
Refinery (bulk / high volume)8895%$637.91$688.65

Ranges are common experience bands; shops and mail-in buyers vary. Not a quote.

Melt value by karat (5 g)

KaratMelt (USD)
10K$302.05
14K$422.85
18K$543.70
22K$664.50
24K$724.90

Related links

FAQ

How much is 5 grams of 24K gold worth?
At the live USD spot price we use on MyGoldCalc, 5 g of 24K gold has a rough melt value of about $724.90. That is weight × 24K purity × gold price per gram—not a quote to buy your item.
Is $724.90 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.
Should I remove stones or clasps before weighing?
If you can do it safely, weigh gold-only metal; stones and some clasps add weight but often don’t increase scrap payout. If you can’t remove them, ask how the buyer deducts non-gold parts.
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.