Gold price per gram in Iceland
On November 6, 2026, one gram of 24K gold in Iceland is worth 15.867,28 ISK; 22K is 14.534,43 ISK and 18K is 11.900,46 ISK.
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Price per gram in ISK by karat
| Karat | Per gram | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 15.867,28 | 15.549,93 | 16.184,62 |
| 22K916 | 14.534,43 | 14.243,74 | 14.825,12 |
| 21K875 | 13.883,87 | 13.606,19 | 14.161,55 |
| 18K750 | 11.900,46 | 11.662,45 | 12.138,47 |
| 14K585 | 9.282,36 | 9.096,71 | 9.468,01 |
| 10K417 | 6.616,66 | 6.484,32 | 6.748,99 |
| 9K375 | 5.950,23 | 5.831,23 | 6.069,23 |
About this unit
The gram is the standard retail unit for jewelry in most of the world, including Europe, Latin America, the Middle East and Asia.
Other units: troy ouncetolakilogram
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ISK exchange rate
| 1 USD | 121,7534 ISK |
|---|---|
| 1 EUR | 136,7279 ISK |
| 1 GBP | 163,8861 ISK |
Gold spot price trend (USD/oz)
How the gold price in Iceland is calculated
We take the live spot price of 4,053.50 USD per troy ounce, divide it by 31.1035 to get 130.32 USD per gram of pure gold, and multiply by today’s exchange rate of 121,7534 ISK per dollar. That gives 15.867,28 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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