AuGold Price Per Ounce in Norway

Live gold price per troy ounce in Norway, quoted in Norwegian Krone (NOK). The troy ounce is the unit in which gold is quoted on every major international market — this page converts that benchmark into NOK.

Updated: Jul 25, 2026, 8:07 AM ET

24K / 999 · XAU/NOK

NOK 38,827.38

per troy ounce · NOK 1,248.33 per gram

Today +30.85 (+0.08%)

Gold Price in Norway Today (NOK)

24K gold per gramNOK 1,248.33
22K gold per gramNOK 1,144.30
916 gold per gramNOK 1,144.30
18K gold per gramNOK 936.25
Gold price per troy ounce (24K)NOK 38,827.38

Gold Price in Norway

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Why gold is quoted per troy ounce

Gold has been quoted per troy ounce since the era of the London gold market, and the convention stuck: COMEX futures, the LBMA benchmark, and spot FX-style XAU/USD quotes are all per troy ounce. A troy ounce weighs 31.1034768 grams — about 10% heavier than the common (avoirdupois) ounce of 28.35 grams used for everyday goods. When you see a headline gold price, it is almost always USD per troy ounce.

The ounce price in NOK

The XAU/NOK rate on this page is the international USD ounce price converted at the live USD/NOK exchange rate. That means the NOK ounce price can move even when gold itself is flat, purely because the exchange rate moved.

Norway is outside the EU, and unlike its neighbours it charges 25% VAT on physical investment gold. Many Norwegian investors therefore buy and store bullion abroad or use exchange-traded products, while local dealers quote in kroner per gram converted at the USD/NOK rate.

Frequently Asked Questions

What is the gold price per ounce in Norway today?

The live gold price per troy ounce in NOK is displayed at the top of this page. It is the international XAU/USD spot price converted at the current USD/NOK exchange rate and updates throughout the trading day.

How many grams are in a troy ounce of gold?

One troy ounce equals exactly 31.1034768 grams. This is heavier than the standard avoirdupois ounce (28.3495 grams) — precious metals always use troy ounces.

Why did the ounce price change when the world gold price didn't?

Because the NOK ounce price has two inputs: the USD gold price and the USD/NOK exchange rate. If the Norwegian Krone weakens against the dollar, the local ounce price rises even with gold unchanged — and vice versa.

Do shops sell gold by the ounce?

Most retail gold in Norway is sold by the gram, while the ounce is mainly a quoting convention for markets and bullion products such as 1 oz coins and bars. Use the per-gram page to see today's gram rates.

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