How To Weigh Gold





Pot-O-Gold 1 Dwt. (Pennyweight) = 1.522 grams
20 Dwt. = 1 troy ounce = 31.104 grams

Gold can be sold by the gram

Recent Selling prices
$18.00 per gram for fine gold
$20.00 per gram for coarse placer gold
$20.00 - $25.00 per gram for small pickers
$25.00 and up per gram for nuggets

Gold Purity

24 Karat = 100% Pure
18 Karat = 75% Pure 25% other metals
12 Karat = 50% Pure 50% other metals
Vermont glacial placer gold is usually 97% pure or better.

Note: The average wedding ring is 10K to 14k because pure gold is too soft.