AuGold Price Per Gram in New Zealand

Although New Zealand shops quote per gram, the global market quotes gold in US dollars per troy ounce. One troy ounce equals exactly 31.1034768 grams, so the pure gold (24K) gram price is the ounce price divided by 31.1034768, converted to NZD at the live exchange rate. Lower purities are then a simple multiplication: 22K/916 is the 24K gram price × 0.9167, and 18K is × 0.75.

New Zealand has no domestic gold exchange; dealers in Auckland and Wellington price directly from the international USD spot market converted at the live NZD/USD rate, quoting per ounce, gram and kilogram.

The table below shows what common weights of gold are worth at today's rate in NZD, for both 24K (999) and 22K (916) purity. These are metal values based on the live spot price — actual buying prices include dealer premiums, and jewellery adds workmanship charges on top.