How Much Is 8.5g of 24K Gold Worth in Australian dollars?
8.5 grams of 24K gold is worth A$1,589.21 in Australian dollars today
(Based on spot $4,014/oz · 1 USD = A$1.4488 · Updated June 26, 2026)
Estimates convert USD spot using a live exchange rate. 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 9K or 18K rings, small chains, or earrings on the high street.
Clasps and tags may be steel or a different fineness; Australian buyers often test or deduct non-gold parts.
Adjacent gram pages (AUD):← 8g9g →
At live spot converted to Australian dollars, 8.5 g of 24K gold has a rough melt value of about A$1,589.21. This is not a purchase offer—just an estimate from spot × weight × purity × exchange rate.
View in USD ($) →View in GBP (£) →In EUR (€) anzeigen →View in CAD (C$) →
24K pure gold in Australia is mainly bars and coins from bullion dealers.
Weighing & sorting tips
- Weigh gold-only metal when you can; stone settings add grams but rarely increase scrap payout.
- If a pawnbroker quotes a number fast, ask what % of melt they're paying in Australian dollars.
Gold Value Calculator
Adjust this price to project a future value. 24K per troy oz.
Total gold valueA$1589.24
Current 24K price • A$186.97/gram • A$5815.42/oz
Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.
USD spot converted to Australian dollars at live exchange rates. Same basis as the estimates on this page. Adjust weight, unit, or karat.
Calculate exact pawnbroker payout →
What australian buyers might pay (typical ranges)
Dealers pay a share of melt. Below uses the same total melt as this page (A$1,589.21). Some independent jewellers match mail-in rates on small 9K or 18K lots if you show your melt estimate. Not a quote.
| Buyer type | Typical % of melt | Est. offer (A$) |
|---|---|---|
| Pawnbroker | 50–70% | A$794.61 – A$1,112.45 |
| Local gold buyer / jeweller | 65–80% | A$1,032.99 – A$1,271.37 |
| Online / mail-in buyer | 80–92% | A$1,271.37 – A$1,462.07 |
| Refinery (bulk / high volume) | 88–95% | A$1,398.51 – A$1,509.75 |
Ranges are typical experience bands; local buyers vary. Not a quote.
How we calculate melt in Australian dollars
USD spot per gram × live USD→AUD rate (1 USD = A$1.4488). For 24K: 8.5 g × A$186.97/g ≈ A$1,589.21 full metal value before any buyer haircut. 24K price hub.
Melt value by karat (8.5 g, AUD)
Same weight, different purity—use this to sanity-check whether your item's stamp matches your expected value in Australian dollars.
Related links
- 24K gold price per gram (overview)
- All 24K gold value topics
- Gold price FAQ
- Sell gold jewellery online
- How to sell gold in Australia
- 999 hallmark reference
- Pawnbroker payout estimate (24K)
FAQ
- How much is 8.5 grams of 24K gold worth in Australian dollars?
- 8.5 grams of 24K gold is worth about A$1,589.21 melt in Australian dollars at today's gold price of $4,014/oz (1 USD = A$1.4488). Typical australian buyers pay A$794.61–A$1,112.45 (pawnbroker) or A$1,271.37–A$1,462.07 (online).
- Is A$1,589.21 what australian buyers will pay?
- Usually not. Many buyers pay a percentage of melt—often roughly 50–70% at pawnbrokers for quick cash. Online or mail-in buyers may pay a higher share. Always compare at least two quotes in Australian dollars.
- 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 in AUD change every day?
- Spot gold and the USD→AUD rate both move. Our pages refresh on a regular schedule. Use the same spot and rate basis as our calculators when comparing offers.