If you’re wondering “how much is my gold worth in South Africa?”, you’re not alone. Whether it’s a chain, ring, coin or investment bar, gold value is determined by several dynamic factors. This guide will walk you through exactly how your gold is valued, what you need to know before selling, and how to maximise your payout — with local insights for South Africa (Cape Town, Sandton, Durban).
1. What Determines the Value of Your Gold
Gold value is driven by three key metrics: purity (carat), weight (in grams), and the current market price in ZAR per gram.
Purity (Carats)
Gold purity is measured in carats (ct) — the higher the carat, the more pure gold it contains.
Here’s a quick breakdown:
| Carat | Purity | % of Pure Gold |
|---|---|---|
| 9 ct | 37.5% | Common in affordable jewellery |
| 14 ct | 58.5% | Durable, mid-range quality |
| 18 ct | 75% | High-quality jewellery standard |
| 22 ct | 91.7% | Used in fine gold pieces & coins |
| 24 ct | 99.9% | Pure gold – soft & rarely used for jewellery |
Look for the carat stamp (ring band, clasp) or have it tested. We use precise methods to verify purity.
Weight
Gold is priced per gram. Even a small variation in weight can significantly affect your payout — especially at higher purities.
Current Market Price
The base value uses the live gold spot price, converted into South African Rand (ZAR) per gram. Since this price changes daily, your offer will reflect the latest market rates.
2. Understanding Melt Value vs. Resale Value
- Melt Value: The raw value if your item is refined into bullion – calculated as weight × purity × spot price less refining charges.
- Resale Value: A higher value possible for branded, designer, or antique pieces, where craftsmanship and brand name add worth beyond gold content.
Example: A 9 ct broken chain is valued at melt rate.
An 18 ct Cartier bracelet, however, may command a premium based on market and brand appeal.
3. Typical Gold Items We Appraise
We appraise a wide range of gold items including:
- Rings, earrings, necklaces, bracelets
- Gold coins (Krugerrands, Sovereigns, Maple Leafs)
- Investment bars (24 ct)
- Broken jewellery, antique gold
- Designer or branded jewellery (Cartier, Tiffany, Louis Vuitton, etc.)
- Every item is professionally tested and valued in a transparent and secure process.
4. How a Professional Gold Appraisal Works
Here’s our process:
- Initial inspection – Your gold is examined and weighed in front of you.
- Purity testing – Using non-destructive XRF or acid testing to verify carat.
- Market reference – The current gold spot price (in ZAR/gram) is applied.
- Calculation – The weight × purity × market price = total melt value.
- Resale adjustments – Designer, collectible or antique items may be adjusted upward.
- Written offer – You receive a clear, written quote with no obligation.
- Instant payment – Once accepted, payment is made immediately via EFT.
The entire process usually takes 15–30 minutes and is conducted privately for your safety and peace of mind.
5. Market & External Factors That Influence Your Payout
- Rand strength: A weaker Rand lifts local gold prices.
- Global demand: Investor and central-bank demand influence the gold market.
- Inflation & interest rates: Higher inflation typically supports stronger gold prices.
- Condition & presentation: Complete, unbroken items may earn a slight premium.
- Mix of carats: Combining 9 ct and 18 ct lowers average value — separate items for maximum return.
6. Where to Sell Your Gold in South Africa
We offer secure, appointment-only offices in:
- Cape Town (CBD) — Western Cape
- Sandton (Gauteng) — Johannesburg & surrounds
- Umhlanga (Durban) — KwaZulu-Natal
Each office provides a professional, private consultation with instant payment once you accept your offer.
7. Tips to Maximise the Value of Your Gold
- Separate items by carat if possible.
- Bring any receipts or certificates for investment bars or branded jewellery.
- Avoid polishing antique or branded items — original patina can add value.
- Check the daily gold price before visiting.
- Always deal with accredited buyers who test in front of you.
- Confirm no hidden deductions or handling fees apply.
8. Why Thousands of South Africans Choose Gold & Finance
With over three decades of experience, we’re recognised as one of South Africa’s most trusted gold, diamond, and luxury asset buyers.
We offer:
- Market-linked offers based on live gold prices.
- Instant EFT payment — no delays.
- Private, secure offices in Cape Town, Sandton & Umhlanga.
- Qualified appraisers & gemologists on-site.
- Accredited members of the Jewellery Council of South Africa.
- Proven word-of-mouth reputation with repeat and referred clients.
9. Frequently Asked Questions (FAQ)
Q: What is the gold price per gram today in South Africa?
A: It fluctuates daily with international markets. At your appointment, we’ll apply the current ZAR/gram rate based on purity and weight.
Q: How much is 14 ct gold worth per gram in South Africa?
A: 14 ct gold is 58.5 % pure. Multiply that by the current gold price per gram to get an estimate.
Q: Can I sell my investment bars or coins?
A: Yes, we buy investment bars and coins, paying market-linked prices based on weight, purity, and brand.
Q: Do I need to clean my gold before selling?
A: No, cleaning isn’t necessary and may reduce the value of antique or branded items.
Q: How quickly do I get paid?
A: Once you accept the written quote, you receive instant EFT payment.
Conclusion
Your gold’s value depends on purity, weight, and the current market price, plus any premium for brand or condition.
Choosing an accredited, transparent buyer ensures you receive a fair offer — whether selling a broken chain, Krugerrand, or 24 ct investment bar.
Last updated: November 2025. Prices subject to daily market movement.
Get Your Offer below and discover your gold’s true worth today.
