Data as of 2026-08-30. Sources: Gold API (indicative XAU spot), Frankfurter (official central-bank FX rates).
30-day trend
Over the last 30 days the computed price per gram rose by 8.6% — from ZAR 2,139 to ZAR 2,323 per gram. The series is built from daily COMEX futures closes and official daily FX rates.
Gold price by year
| Year | Low (gram) | High (gram) | Average (gram) |
|---|---|---|---|
| 2026 | ZAR 2,102 | ZAR 2,513 | ZAR 2,345 |
| 2025 | ZAR 1,696 | ZAR 2,378 | ZAR 2,015 |
| 2024 | ZAR 1,214 | ZAR 1,521 | ZAR 1,391 |
| 2023 | ZAR 1,019 | ZAR 1,242 | ZAR 1,159 |
| 2022 | ZAR 897 | ZAR 1,021 | ZAR 941 |
| 2021 | ZAR 783 | ZAR 935 | ZAR 850 |
| 2020 | ZAR 715 | ZAR 1,089 | ZAR 957 |
| 2019 | ZAR 562 | ZAR 741 | ZAR 642 |
| 2018 | ZAR 503 | ZAR 574 | ZAR 533 |
| 2017 | ZAR 521 | ZAR 578 | ZAR 545 |
| 2016 | ZAR 510 | ZAR 666 | ZAR 594 |
| 2015 | ZAR 430 | ZAR 508 | ZAR 469 |
| 2014 | ZAR 413 | ZAR 477 | ZAR 432 |
| 2013 | ZAR 396 | ZAR 462 | ZAR 430 |
| 2012 | ZAR 390 | ZAR 480 | ZAR 444 |
Yearly aggregates of daily COMEX futures closes converted at same-date official FX rates. FX history is available from 1999.
Price per gram by purity
| Fineness | Purity | Price per gram |
|---|---|---|
| 999.9 (24 karat) | 99.99% | ZAR 2,296 |
| 958 (23 karat) | 95.80% | ZAR 2,199 |
| 916 (22 karat) | 91.60% | ZAR 2,103 |
| 750 (18 karat) | 75.00% | ZAR 1,722 |
| 585 (14 karat) | 58.50% | ZAR 1,343 |
| 375 (9 karat) | 37.50% | ZAR 861 |
The purity price is the share of pure gold in the alloy multiplied by the 999.9 gram price. Jewellery retails well above the metal value.
Gold value by weight
| Weight | Value (999.9) |
|---|---|
| 1 gram | ZAR 2,296 |
| 5 grams | ZAR 11,479 |
| 10 grams | ZAR 22,958 |
| 20 grams | ZAR 45,916 |
| Troy ounce (31.1 g) | ZAR 71,407 |
| 50 grams | ZAR 114,789 |
| 100 grams | ZAR 229,579 |
| 1 kilogram | ZAR 2,295,788 |
Computed from the exchange price of pure gold: minted bars sell at a premium over these values at banks and are bought back at a discount.
Frequently asked questions
How much is gold in South Africa today?
A gram of 999.9 gold in South Africa works out at ZAR 2,296 at the official ZAR rate — ZAR 71,407 an ounce and ZAR 2,295,788 a kilogram. That is the market calculation; jewellers and banks charge more for premium, tax and workmanship.
How much is 1 gram of gold in South African rand today?
The computed price of one gram of gold (999.9 fine) is ZAR 2,296 at the official ZAR rate. Real-world bank or jeweller prices are higher by the dealer premium, VAT and fees.
How is this price calculated?
We take the global indicative gold price (XAU/USD) and multiply it by the official ZAR rate from central-bank data (Frankfurter). It is a computed value: local dealer premiums, taxes and delivery are not included.
Why is the price at a shop or bank different?
Banks and jewellers add a premium over the market price for fabrication, logistics, VAT and their own margin, and apply a discount when buying back. The gap typically runs from 2–3% on investment bars to tens of percent on jewellery.
How much is a gram of 14k (585) gold in South African rand?
The computed price of one gram of 585 (14k) gold is ZAR 1,343 — 58.5% of the pure 999.9 gram price. Most jewellery is made of this alloy, and shops sell it well above the metal value.
How much is a troy ounce of gold in South African rand?
A troy ounce — 31.1035 grams — is worth about ZAR 71,407 at the current computation. Global exchanges quote gold per troy ounce (XAU/USD).
How often is the data updated?
This page recalculates at least once an hour. The global gold price on the World Gold home page updates every few seconds.
Other currencies
Country gold-market overviews using this currency: South Africa
Methodology and data limitations are described on the methodology page. This is not investment advice — see the disclaimer.