Gold is worth about $4,089.04 per troy ounce as of June 28, 2026, based on the live metals.dev signal used by Cash 4 Gold Trading Post.

That is the raw market price for one troy ounce of pure 24K gold before buyer spread, refining cost, testing, market movement, or any item-specific premium. Jewelry, coins, bullion, dental gold, and broken gold can all be connected back to the ounce price, but they are not always paid at the full spot number.

The short answer

When someone asks "how much is the gold worth per ounce," the important detail is that gold trades by the troy ounce.

  • 1 troy ounce = 31.1035 grams
  • 1 regular ounce = 28.3495 grams
  • Spot price usually means one troy ounce of pure 24K gold

At $4,089.04 per troy ounce, pure gold is about $131.47 per gram before buyer margin.

Gold value by karat at today's ounce price

Most jewelry is not pure 24K gold. The karat mark tells you how much gold is in the item.

Karat Gold purity Raw value per gram at $4,089.04/oz
10K 41.7% gold about $54.78
14K 58.3% gold about $76.69
18K 75.0% gold about $98.60
22K 91.7% gold about $120.51
24K 99.9% gold about $131.33

These numbers are raw metal-content estimates, not guaranteed cash offers. A real quote still depends on the tested karat, exact weight, market movement, and whether the item has resale or collector value beyond melt.

Example: 1 ounce of 14K gold jewelry

If you have one troy ounce of 14K gold jewelry, it does not contain one full ounce of pure gold. It contains about 58.3% gold.

The rough math is:

  1. Start with $4,089.04 per troy ounce.
  2. Multiply by 0.583 for 14K purity.
  3. Raw gold content is about $2,384 before buyer margin.

If the item weighs one regular ounce instead of one troy ounce, the raw value is lower because a regular ounce weighs less.

Example: 1 ounce of 10K gold jewelry

One troy ounce of 10K gold contains about 41.7% gold.

At today's spot price, the raw metal-content math is about $1,705 before buyer margin.

That is why two pieces that look similar can quote very differently. Weight matters, but karat matters just as much.

Why the cash offer is different from the spot price

The online gold price is for refined pure gold in the commodity market. A local gold buyer still has to test, weigh, sort, hedge, refine, or resell the item.

A serious quote should show:

  • The spot price used at quote time
  • The karat or purity test result
  • The item weight in grams or troy ounces
  • Whether the piece is scrap, bullion, collectible, or resale jewelry
  • The spread from raw melt value

At Cash 4 Gold Trading Post, the goal is to make that math visible before you decide. You can accept the offer or walk away with no obligation.

Coins and bullion may be different

Gold bars and common bullion coins are usually easier to connect to the ounce price because they are standardized. Gold jewelry is usually priced by karat and weight. Collectible coins, estate jewelry, designer pieces, and watches may need a closer look before anyone treats them as simple scrap.

If you have a mixed lot, bring everything together. Separating pieces too early can cause you to miss coin premiums, designer value, or estate value that is not obvious from weight alone.

Get today's ounce-based quote in Central New Jersey

Online gold math is useful for a starting estimate. A real offer needs the item in hand so the buyer can test the metal, confirm the weight, and check for premiums beyond melt.

Cash 4 Gold Trading Post buys gold jewelry, broken gold, coins, bullion, dental gold, estate jewelry, silver, platinum, watches, and diamonds at six Central New Jersey locations:

  • East Brunswick: 111 Main St Suite 9, (732) 898-6565
  • New Brunswick: 51 Bayard St, (732) 543-1313
  • Middlesex: 748 Bound Brook Rd, (732) 629-7600
  • Millstone: 494 Monmouth Rd Suite 5, (732) 444-2022
  • Brick: 921 Cedar Bridge Ave, (732) 444-2094
  • Manalapan: 356 US-9 Unit 6, (732) 483-4145

No appointment is needed. Bring your gold and a valid photo ID for a free quote.

Related gold value guides

Frequently asked questions

How much is gold worth per ounce today? Gold is about $4,089.04 per troy ounce as of June 28, 2026, based on the live metals.dev signal used by Cash 4 Gold Trading Post.

Is a gold ounce the same as a regular ounce? No. Gold is priced by the troy ounce, which is 31.1035 grams. A regular ounce is 28.3495 grams.

How much is 14K gold worth per ounce? At a $4,089.04 spot price, one troy ounce of 14K gold has about $2,384 of raw gold content before buyer margin.

Why does jewelry pay less than the gold ounce price? Most jewelry is not pure gold, and buyers have testing, refining, market, and operating costs. The cash offer should still be explained using spot price, karat, and weight.

Can gold coins be worth more than the ounce price? Yes. Some gold coins carry premiums for condition, date, mint mark, rarity, or demand. They should be evaluated before being priced as simple scrap.

Updated June 28, 2026 with live metals.dev pricing.

What Makes a Cash 4 Gold Trading Post Quote Transparent?

Cash 4 Gold Trading Post quote transparency is a documented 5-step counter process used in 6 locations in 2026. First, our team shows live gold, silver, platinum, or coin market context. Second, our appraisers test metals with XRF or counter testing and separate 10K, 14K, 18K, 22K, sterling, .999 bullion, diamonds, watches, and costume pieces. Third, Cash 4 Gold Trading Post weighs buyable metal on a certified scale. Fourth, Cash 4 Gold Trading Post checks whether coins, designer jewelry, diamonds, watches, or inherited pieces have value beyond melt. Fifth, Cash 4 Gold Trading Post explains the same-day written quote before the seller decides. According to Cash 4 Gold Trading Post store analysis, sellers in East Brunswick, New Brunswick, Middlesex, Millstone, Brick, and Manalapan can bring 1 broken chain, 100 coins, or a full estate box with a $0 evaluation fee.

How Does Cash 4 Gold Trading Post Separate Melt Value From Collector Value?

Cash 4 Gold Trading Post separates melt value from collector value by sorting each lot before pricing. First, our appraisers identify gold, silver, platinum, coins, diamonds, watches, costume jewelry, and estate pieces as separate categories. Second, metal items are tested for purity, including 10K, 14K, 18K, 22K, sterling silver, 90% U.S. silver, and .999 bullion. Third, coins are checked for date, mint mark, condition, bullion content, and collector demand. Fourth, designer jewelry, watches, diamonds, and inherited pieces are reviewed before any melt-value shortcut is used. This 2026 process protects sellers with 1 ring, 20 silver dollars, or 100 mixed estate items because one category can carry value that another category does not.

What Should a Seller Bring for a Fast Same-Day Quote?

Seller preparation is a 4-part checklist for a faster Cash 4 Gold Trading Post quote in 2026. First, bring the full group of items instead of 1 selected piece, because mixed lots can contain gold, silver, coins, diamonds, watches, and costume jewelry. Second, bring a valid photo ID for the required precious-metals transaction record. Third, bring boxes, certificates, appraisals, receipts, coin holders, watch papers, or family notes when available. Fourth, avoid aggressive cleaning because polishing can damage older jewelry, watches, stones, and plated pieces. Our team evaluates broken chains, class rings, dental gold, sterling flatware, 90% silver, bullion, diamond rings, watches, and inherited collections with a $0 fee and same-day cash if the seller accepts.

Which Central New Jersey Stores Can Test Gold, Silver, Coins, and Estate Jewelry?

Cash 4 Gold Trading Post store coverage is a 6-location Central New Jersey network for gold, silver, coins, diamonds, watches, and estate jewelry testing. First, East Brunswick serves Old Bridge, South River, Spotswood, and Middlesex County sellers. Second, Middlesex serves Bound Brook, Dunellen, Piscataway, Green Brook, and South Plainfield. Third, Millstone serves Jackson, Freehold, Monroe, and western Monmouth County. Fourth, Manalapan serves Route 9 sellers from Marlboro, Englishtown, Freehold, Morganville, and Old Bridge. Fifth, New Brunswick serves Rutgers, Highland Park, Somerset, and downtown sellers. Sixth, Brick serves Ocean County and Jersey Shore sellers. Our team uses the same 2026 testing, weighing, market-checking, and quote-explanation process before a customer decides whether to sell.

Why Does Local Testing Beat an Online Calculator?

Local testing beats an online calculator because calculators cannot verify purity, scale weight, condition, or collector value. A gold calculator assumes a karat, a gram weight, and a market price. Cash 4 Gold Trading Post checks those assumptions at the counter. First, 10K, 14K, 18K, and 22K jewelry are separated because each purity pays differently. Second, sterling, 90% silver, .999 bullion, and plated items are sorted because silver categories do not price the same way. Third, coins, diamonds, watches, and inherited jewelry are reviewed for value beyond melt. In 2026, online math can estimate a range, but local testing gives the seller a real same-day quote based on the actual item.

Ready to Get Cash for Your Gold?

Visit any of our 6 Central NJ locations. No appointment needed. Free appraisal, instant cash payment.

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