Gold Price in Australia | Live 24 Carat Rates | 2023

Today Gold Rate In Australia:
97.93 (AUD) Per Gram For 24 Carat

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Whenever you have to sell or buy gold, Your analysis will initiate from getting informed by the gold price in Australia today.

The gold prices in the market change regularly, based on market various conditions. In this article, you will find a guide about the price of gold in Australia, if you are interested in selling gold or buying gold.

If your best friend’s wedding is on the way or you have to please someone by gifting an ornament/jewelry made out of gold. This is the right place for you.

In the above table, gold prices are displayed from one Ounce, 10k gold to 24k gold in local currency (AUD- Australian Dollar ) as well as in USD.

gold price in Australia Today Per Gram, Kilo, Ounce

24k gold prices in Australia for different units like Tola, Grams, and Kilo are;

“Gram” is the most basic unit for measuring gold. The table below shows the 1-gram gold rate today.

Troy ounces (oz t) are the unit of measurement for gold in Australia. where one troy ounce is almost equal to 31.1 grams. In the above table, you can learn what the Australian 1 tola gold price is.

Being an investor, you might be interested in the 1kg gold price which is calculated and published in the above table solely for this purpose.

If you wish to sell gold, keep an eye on the market trends. Even a small spike in Australia’s gold price may result beneficial for you.

You can also cross-check gold price in Australia by visiting the local physical market. it will help you to find the cheapest rate.

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Following are the contents covered in this guide, to understand the flow.

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gold rate Monitoring in Australia

As Gold price changes regularly so it is always better to check the change in price. Here, these prices are monitored regularly. A point to consider is that you should always purchase gold when as soon as you see a slight dip in price within 3-5 working days.

We will help you in this process. This article covers the gold rate today in Australia.

There are a lot of jewelry shops in the market, and different gold rates or gold prices are set according to the targeted audience, designs, and volume in which they sell.

 Jewells Mark offers the information you need to know about gold rates in Australia.  

Prices Per Gold Carats

The following is a bird’s eye view of gold carat prices.

The table below represents the price per gram, the price per 10 Grams, the price per Vori, the price per Aana, and the price for one Ounce in Australian Dollar (AUD)

22-carat gold is the most common in Australia. The gold rate in Australia today is 22 carats as displayed in the table below.

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Different Measurement Units For Gold

What are the measuring units of Gold?

Learn how Gold is measured in terms of its weight, so you can determine its price.

1. Tola
2. Gram
3. Kilo
4. troy ounce (equals 31.1 grams)

Below are the tools to convert one unit of gold weight into another:-

Gold Price Calculator

Any number of gold quantities can be calculated from here. Like if you want to know the 22k gold price in Australia, simply select 1 by pressing the up/down key against the 22-carat row.

As described in video below:

How to Use Gold Price Calculator

As shown in figure below, you can learn how to use this calculator

How to Calculate 1, 10, 20 gram/s of Gold?

From the above Gold price calculator, you will get gold prices today in a 1-gram from the beginning.

A number of your choosing can be calculated as well. For example, 1 gram, 8grams, and gold 10 gram price in Australia can be determined using this method.

Different grams of the gold carats can be calculated from above, like 5-gram gold price results as you put 5 using up/down keys or via keyboard.

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Who Determines the Price of gold in Australia

It is important to keep in mind that Australia’s gold prices are determined by the Central Bank, which publishes gold and silver prices. 

Gold Carats

By nature, gold is very shapeable in its purest form (24 Karat). Sizes and shapes cannot be customized when it comes to jewelry. As a result, impurities are added to make it durable.

Gold comes in four types: 24 karats, 18 karats, 21 karats, and 22 karats. Various alloys exist, like 21K, containing 21 parts gold and 3 parts other metals (mainly copper and nickel).

Past Prices for All Gold Carats

It is best to study the rise and fall of gold prices in depth before making any decision regarding buying/selling gold.

You can get an overview by looking at the table below:

DATE	24k Price (AUD)	22k Price (AUD)	21k Price (AUD)	18k Price (AUD)	14k Price (AUD)
30 May 2023	95.59	87.62	83.63	71.67	55.78
29 May 2023	95.69	87.71	83.71	71.74	55.83
28 May 2023	95.98	87.97	83.96	71.96	56.00
27 May 2023	95.98	87.97	83.96	71.96	56.00
26 May 2023	96.20	88.18	84.16	72.13	56.13
25 May 2023	96.40	88.36	84.34	72.28	56.25
24 May 2023	96.33	88.29	84.27	72.22	56.21
23 May 2023	94.81	86.90	82.94	71.08	55.32
22 May 2023	95.55	87.58	83.59	71.64	55.75
21 May 2023	95.54	87.57	83.58	71.63	55.75
20 May 2023	95.54	87.57	83.58	71.63	55.75
19 May 2023	95.02	87.10	83.13	71.24	55.44
18 May 2023	95.76	87.77	83.77	71.80	55.87
17 May 2023	96.35	88.32	84.29	72.24	56.22
16 May 2023	96.93	88.85	84.80	72.68	56.56
15 May 2023	97.24	89.13	85.07	72.90	56.74
14 May 2023	97.33	89.21	85.15	72.98	56.79
13 May 2023	97.42	89.29	85.23	73.04	56.84
12 May 2023	96.62	88.56	84.53	72.44	56.38
11 May 2023	96.42	88.38	84.35	72.29	56.26
10 May 2023	96.57	88.51	84.48	72.40	56.35
9 May 2023	95.97	87.97	83.96	71.96	56.00
8 May 2023	96.11	88.09	84.08	72.06	56.08
7 May 2023	95.88	87.89	83.88	71.89	55.95
6 May 2023	95.88	87.89	83.88	71.89	55.95
5 May 2023	97.76	89.61	85.53	73.30	57.04
4 May 2023	98.24	90.04	85.94	73.65	57.32
3 May 2023	97.27	89.15	85.09	72.93	56.75
2 May 2023	95.04	87.12	83.15	71.26	55.46
1 May 2023	96.15	88.13	84.11	72.09	56.10

Gold Price in Other Countries

Check out the gold prices in other featured countries from the list below

Gold investments in Australia:

Whenever a stock market gets in trouble, the gold prices go up, thus providing a safer side for your investment.

There are usually three ways to invest in gold in Australia:

• Physical gold can be purchased        
• You can invest in ETFs (exchange-traded funds)
• It is possible to invest in gold mining companies
• Physical gold can be purchased

But if someone wants to invest in Gold biscuits, coins, and gold bars, it is very important to know the gold biscuit price in Australia and the gold coin price in Australia.

We have covered this topic in a detailed guide Diversify your portfolio with Gold investment in Australia.

gold market in Australia:

There are famous outlets of Gold from where you can buy and sell gold. The gold market in major cities of Australia includes the following shops to visit:

Ainslie Bullion Brisbane

Jewelry store in Brisbane, Australia

Service options: In-store shopping · Buy gold · Delivery

Address: Level 6, 12 Creek St Brisbane

Phone:  +61 7 3221 0500

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Gold Secure – Gold Dealers Brisbane

Service options: In-store shopping · In-store Shopping

Address: 5/832 Gympie Rd, Chermside QLD 4032, Australia

Phone: +61 7 4939 0239

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Ainslie Bullion Melbourne

Jewelry store in Melbourne, Australia

Service options: In-store shopping · Buy gold · Delivery

Address: Level 14, 357 Collins St Melbourne 

Phone:  +61 3 7037 6255

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Guardian Gold

Jewelry store in Sydney, Australia

Service options: In-store shopping · Buy gold · Delivery

Disclaimer:

The above gold prices are based on international market value, so there may be some fluxes in Australia’s local market. Rates are updated every fifteen minutes from authentic sources, and prices may differ from city to city.

Please visit some physical stores to re-assure prices as well.

JewellsMark is not responsible for any transactions carried out based on the above-mentioned gold rates taken from the international market.