Gold price per troy ounce in South Africa
On November 6, 2026, one troy ounce of 24K gold in South Africa is worth 66,880.90 ZAR; 22K is 61,262.90 ZAR and 18K is 50,160.67 ZAR.
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Price per troy ounce in ZAR by karat
| Karat | Per troy ounce | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 66,880.90 | 2,107.27 | 2,193.28 |
| 22K916 | 61,262.90 | 1,930.26 | 2,009.04 |
| 21K875 | 58,520.78 | 1,843.86 | 1,919.12 |
| 18K750 | 50,160.67 | 1,580.45 | 1,644.96 |
| 14K585 | 39,125.32 | 1,232.75 | 1,283.07 |
| 10K417 | 27,889.33 | 878.73 | 914.60 |
| 9K375 | 25,080.34 | 790.22 | 822.48 |
About this unit
Gold is priced internationally per troy ounce, which equals 31.1035 grams — about 10% heavier than the ordinary (avoirdupois) ounce of 28.35 g.
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ZAR exchange rate
| 1 USD | 16.4529 ZAR |
|---|---|
| 1 EUR | 18.4764 ZAR |
| 1 GBP | 22.1464 ZAR |
Gold spot price trend (USD/oz)
How the gold price in South Africa is calculated
We take the live spot price of 4,065.00 USD per troy ounce, divide it by 31.1035 to get 130.69 USD per gram of pure gold, and multiply by today’s exchange rate of 16.4529 ZAR per dollar. That gives 2,150.27 ZAR per gram for 24K. Lower karats are priced by their gold content.
South Africa’s Krugerrand, launched in 1967, was the first modern one-ounce bullion coin. Prices track the rand-dollar exchange rate closely.
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 South Africa
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