How Much is 37 Grams of Gold Worth?

Today’s Gold Prices

The current 18k gold price per gram is $43.67.

Gold Price in United Kingdom per Gram 18K

18k gold is about 75% pure gold, which makes it less durable than 14k gold because it contains more pure gold. The more pure gold present in a metal, the softer the metal will be. 18k gold, unfortunately, is also susceptible to scratches and dents due in part to this higher purity level.

Gold is a metal that will not attract a magnet. To test is 18k gold real, hold it next to a magnet. If the magnet sticks to your jewelry, then it does not have a high percentage of gold but is made up of other, more magnetic metals.

Pure gold is 24K and has a bright yellow color. Pure gold is the most expensive: The lower the karat number, the less gold there is in the alloy, and thus the lower the price.

Any gold jewellery, which is hallmarked by the BIS, will bear the BIS logo indicating that its purity is verified in one of its licensed laboratories. According to the BIS website, it is the only agency in India approved by the government for hallmarking gold articles of any kind to ensure its purity.

Look for Hallmark

1. The common BIS Logo.
2. Purity in Karat and fineness: According to BIS, gold hallmarking is done only for three levels of karats – 22K916 for 22 Karat gold, 18K750 for 18 Karat gold & 14K585 for 14 Karat gold.
3. The Hallmarking Centre’s logo/number.
4. The Jeweler’s own logo/mark/number.

BIS hallmarked 916 gold refers to purity grade of gold in the ornament or jewellery. That means purity is 91.6% -91.6 grams of pure gold per 100 grams of gold. However, non-hallmarked gold ornaments are still referred as ”KDM gold”.