Live gold price per troy ounce in South Africa, quoted in South African Rand (ZAR). The troy ounce is the unit in which gold is quoted on every major international market — this page converts that benchmark into ZAR.
24K / 999 · XAU/ZAR
ZAR 68,232.87
per troy ounce · ZAR 2,193.74 per gram
| 24K gold per gram | ZAR 2,193.74 |
| 22K gold per gram | ZAR 2,010.93 |
| 916 gold per gram | ZAR 2,010.93 |
| 18K gold per gram | ZAR 1,645.30 |
| Gold price per troy ounce (24K) | ZAR 68,232.87 |
Gold Price in South Africa
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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 XAU/ZAR rate on this page is the international USD ounce price converted at the live USD/ZAR exchange rate. That means the ZAR ounce price can move even when gold itself is flat, purely because the exchange rate moved.
South Africa was for decades the world's largest gold producer, and the rand gold price remains a key industry metric — mines earn in rand while gold is priced in dollars, so the USD/ZAR rate strongly affects local prices and mining profitability.
The live gold price per troy ounce in ZAR is displayed at the top of this page. It is the international XAU/USD spot price converted at the current USD/ZAR exchange rate and updates throughout the trading day.
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.
Because the ZAR ounce price has two inputs: the USD gold price and the USD/ZAR exchange rate. If the South African Rand weakens against the dollar, the local ounce price rises even with gold unchanged — and vice versa.
Most retail gold in South Africa 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.