24K gold price in Iceland today
On November 5, 2026, 24K gold in Iceland costs 16.076,73 ISK per gram and 500.042 ISK per troy ounce, based on the live international spot price.
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24K gold price in ISK by weight
| Weight | Spot value | Buy (bid) | Sell (ask) |
|---|---|---|---|
| 1 g | 16.076,73 | 15.755,20 | 16.398,27 |
| 5 g | 80.383,65 | 78.775,98 | 81.991,33 |
| 8 g | 128.614 | 126.042 | 131.186 |
| 10 g | 160.767 | 157.552 | 163.983 |
| Troy ounce | 500.042 | 490.041 | 510.043 |
| Tola | 187.516 | 183.766 | 191.266 |
| Kilogram | 16.076.731 | 15.755.196 | 16.398.265 |
What is 24K gold?
24K gold is 99.9% pure (hallmark 999). It is soft and bright yellow, so it is used mainly for bars, coins and some traditional jewelry in Asia.
The 24K price is calculated as the 24K price multiplied by 1. Today that gives 16,076.73 × 1 = 16.076,73 ISK per gram.
Quick calculator
ISK exchange rate
| 1 USD | 121,3577 ISK |
|---|---|
| 1 EUR | 136,3704 ISK |
| 1 GBP | 163,4852 ISK |
Gold spot price trend (USD/oz)
How the gold price in Iceland is calculated
We take the live spot price of 4,120.40 USD per troy ounce, divide it by 31.1035 to get 132.47 USD per gram of pure gold, and multiply by today’s exchange rate of 121,3577 ISK per dollar. That gives 16.076,73 ISK per gram for 24K. Lower karats are priced by their gold content.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in Iceland
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