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.

Is dwt the same as a regular ounce?

No. Pennyweight is a troy-based unit: 20 dwt = 1 troy ounce. Regular (avoirdupois) ounces are different. Precious metals pricing typically uses troy units.

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 5 Pennyweight of 9K Gold Worth Today?

5 pennyweight of 9K gold is worth $406.06 today

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

Melt value: $406.06
Pawn shop offer: $203–284
Online buyer: $325–374

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), 5 dwt of 9K gold is about $406.06 melt value (before any buyer discount). 1 dwt ≈ 1.555 g.

Pawn shops often pay roughly 50–70% of melt — about $203.03–$284.24 for this dwt at typical buyer rates.

If stones are present, many buyers deduct or ignore them; focus on metal-only value when comparing offers.

Quick checks (dwt sellers)

If you’re comparing quotes, ask whether the offer is expressed as a % of melt or as a fixed $/dwt payout.
Ask whether the quote is “per dwt of melt” or “per dwt payout”—some shops skip explaining the %.

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$406.06

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

Est. offer at%:$203.03

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: 5 dwt ≈ 7.78 g of 9K, then apply the same per-gram rate as our gram pages.

How we calculate melt

In words: 5 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%	$203.03 – $284.24
Local gold buyer / jeweler	65–80%	$263.94 – $324.84
Online / mail-in buyer	80–92%	$324.84 – $373.57
Refinery (bulk / high volume)	88–95%	$357.33 – $385.75

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

Nearby dwt

Same karat, by gram

Open closest gram page (8g)

FAQ

How much is 5 pennyweight of 9K gold worth?: 5 pennyweight of 9K gold is worth $406.06 at today's gold price of $4,331/oz. This is the melt value — pawn shops typically pay $203–284, online buyers pay $325–374.
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.
Is dwt the same as a regular ounce?: No. Pennyweight is a troy-based unit: 20 dwt = 1 troy ounce. Regular (avoirdupois) ounces are different. Precious metals pricing typically uses troy units.
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.