Gold price in Australia today
For many families in Australia — including Arab expats who keep part of their savings in gold — the daily gold price is more than a market figure. It shapes decisions about wedding jewelry and dowries, the right moment to buy a few grams for savings, and how much value you preserve when sending money home or holding it locally.
On this page you will find the gold price in Australia in Australian dollars for every common karat, from 24k down to 9k, alongside the ounce and kilo. Prices update automatically from the global spot price and official exchange rates, so the figures you see follow the market as it moves — no manual updates, no guesswork.
Gold price today in Australia (AUD)
Last updated: 10 July 2026
| Unit | Price in AUD | Price in USD |
|---|---|---|
| 24 karat (gram) | 189.82 | 131.92 |
| 22 karat (gram) | 174.00 | 120.94 |
| 21 karat (gram) | 166.09 | 115.43 |
| 18 karat (gram) | 142.36 | 98.94 |
| 14 karat (gram) | 110.72 | 76.95 |
| 10 karat (gram) | 79.10 | 54.97 |
| 9 karat (gram) | 71.18 | 49.47 |
| Ounce (troy oz) | 5,903.95 | 4,103.10 |
| Kilogram (pure gold) | 189,816 | 131,918 |
Prices are indicative and reflect the global exchange rate; they do not include making charges or local dealer margins.
How do we calculate these prices?
Prices on this page are calculated automatically from the global spot price of a gold ounce, converted to AUD using the European Central Bank’s reference exchange rates, then broken down per gram for each karat. Jeweller prices may differ slightly, as shops add making charges and a dealer margin.
Buying gold in Australia
Gold in Australia is sold through three main channels: accredited bullion dealers, refiners and mints — most famously The Perth Mint in Western Australia — and jewelry retailers in every major city. Unlike in some countries, buying gold through banks is not a common route in Australia, so dedicated dealers and mints are the usual choice for bars and coins.
Tax treatment is a key difference between investment gold and jewelry: investment-grade bullion that meets purity standards is GST-free, while jewelry carries GST. In practice, that makes bars and coins the more cost-efficient way to hold gold purely as an investment, whereas jewelry combines gold value with craftsmanship you also pay for.
In the Australian market, 24k and 22k dominate bullion, while 18k and 9k are common in locally made jewelry; 21k pieces are easier to find at retailers serving Arab and South Asian communities.
- Practical tip: always check the hallmark or certificate, and compare the dealer’s premium against the live spot price on this page before you buy.
Frequently asked questions
How much is a gram of 21k gold in Australia today?
As of the latest update, one gram of 21k gold in Australia is around A$166.09, based on a global spot price of about $4,103 per ounce. The exact figure moves throughout the day, so check the live table above for the current rate.
Is buying gold in Australia tax-free?
Investment-grade bullion that meets purity standards is GST-free in Australia, so bars and coins bought for investment are typically not taxed at purchase. Gold jewelry, however, carries GST, which is one reason bullion is the preferred vehicle for pure investment.
What is the best way to buy gold in Australia?
For investment, most buyers go to established bullion dealers or mints such as The Perth Mint, choosing recognized bars or coins that come with certificates. For jewelry, buy from reputable retailers, check the hallmark, and remember that part of the price covers workmanship rather than gold content.
Why do shop prices differ from the global gold price?
Retailers add a premium over the spot price to cover manufacturing, certification, and their own margin, and jewelry also includes GST and workmanship charges. That is why the same gram of gold can cost noticeably more in a shop than the raw market rate shown here.
Gold prices in other countries
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