How do you convert dwt to grams?

1 dwt = 1.55517384 g (one twentieth of a troy ounce). We use that factor consistently with the rest of the site.

Why do some buyers quote in dwt?

In parts of the US jewelry trade, pennyweight is a long-standing convention for quick quoting. You can always convert to grams to compare with other offers.

Will I get full melt value when selling?

Buyers typically pay a percentage of melt. Treat this page as a benchmark, not a payout guarantee.

How Much Is 18 Pennyweight of 9K Gold Worth Today?

18 pennyweight of 9K gold is worth $1,461.80 today

(Based on spot price $4,331/oz · Updated June 16, 2026)

Melt value: $1,461.80
Pawn shop offer: $731–1,023
Online buyer: $1,169–1,345

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.

At the live spot used on this site (USD), 18 dwt of 9K gold is about $1,461.80 melt value (before any buyer discount). 1 dwt ≈ 1.555 g.

Pawn shops often pay roughly 50–70% of melt — about $730.90–$1,023.26 for this dwt at typical buyer rates.

At higher dwt totals, established buyers may tighten spreads; compare a local quote with an online/refinery quote if time allows.

Quick checks (dwt sellers)

If the buyer quotes per dwt, you can cross-check in grams: multiply dwt by ~1.56 g/dwt, then apply the per-gram rate.
For heavy lots, consider getting at least one quote from a reputable online buyer or refinery; the % difference can be meaningful.

Gold Value Calculator

Gold price Today

$/troy oz

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

Weight

Unit

Purity (Karat)

Total gold value$1461.80

Current 9K price • $52.22/gram • $1624.22/oz

Est. offer at%:$730.90

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.

Calculate exact pawn shop payout →

How pennyweight maps to grams

Pennyweight (dwt) is a troy-unit habit in some US markets. For pricing we convert to grams: 18 dwt ≈ 27.99 g of 9K, then apply the same per-gram rate as our gram pages.

How we calculate melt

In words: 18 dwt → grams (troy conversion) → 9K per-gram price → melt total. Buyers then apply their own % haircut.

What buyers might pay (typical ranges)

These bands are typical percentages of melt for this weight—not spot, not a guaranteed offer.

Buyer type	Typical % of melt	Est. offer (USD)
Pawn shop	50–70%	$730.90 – $1,023.26
Local gold buyer / jeweler	65–80%	$950.17 – $1,169.44
Online / mail-in buyer	80–92%	$1,169.44 – $1,344.86
Refinery (bulk / high volume)	88–95%	$1,286.39 – $1,388.71

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

Nearby dwt

Same karat, by gram

Open closest gram page (28g)

FAQ

How much is 18 pennyweight of 9K gold worth?: 18 pennyweight of 9K gold is worth $1,461.80 at today's gold price of $4,331/oz. This is the melt value — pawn shops typically pay $731–1,023, online buyers pay $1,169–1,345.
How do you convert dwt to grams?: 1 dwt = 1.55517384 g (one twentieth of a troy ounce). We use that factor consistently with the rest of the site.
Why do some buyers quote in dwt?: In parts of the US jewelry trade, pennyweight is a long-standing convention for quick quoting. You can always convert to grams to compare with other offers.
Will I get full melt value when selling?: Buyers typically pay a percentage of melt. Treat this page as a benchmark, not a payout guarantee.