Live gold price · 22k · stamped 916
22k gold price per pennyweight (dwt) today.
A pennyweight of 22k gold is worth $189.73 in melt value right now, from a gold spot price of $4,139.60 per troy ounce. A refiner would pay around $170.76, a gold buyer about $151.79 and a pawn shop nearer $132.81.
Live spot price · updated Oct 19, 2026, 4:52 PM UTC
Melt value
$189.73
Refiner ~90%
$170.76
Buyer ~80%
$151.79
Pawn ~70%
$132.81
The weight
What's in a pennyweight of 22k gold.
- Grams
- 1.555 g
- Pennyweight
- 1 dwt
- Troy ounces
- 0.05 ozt
- Tola
- 0.133 tola
- Grains
- 24 gr
- Pure gold
- 1.426 g (91.7%)
A pennyweight is 1.555 grams, one twentieth of a troy ounce. It's the unit American gold buyers, pawn shops, refiners and casting suppliers weigh and quote in, so a price per dwt is the number you'll hear over the counter.
22k is the jewelry gold of India and the Gulf, so most 22k that gets weighed is bangles, chains and bridal sets. Buyers there often test it on the spot and pay against the local rate per 10 grams or per tola.
For scale, that's roughly a pair of small stud earrings, which is about 1 dwt. Weights vary with size, width and whether a piece is hollow, so weigh yours.
22k gold is 91.7% gold, so a pennyweight holds 1.43 g of pure gold, worth $122.00 a gram of 22k or $133.09 a gram of pure gold today.
Nearby weights
22k gold value around 1 pennyweight.
Melt value is what the gold itself is worth. The other columns are what a refiner, a buyer and a pawn shop typically offer.
| Weight | Melt value | Refiner ~90% | Buyer ~80% | Pawn ~70% |
|---|---|---|---|---|
| 1 dwt (1.56 g) | $189.73 | $170.76 | $151.79 | $132.81 |
| 2 dwt (3.11 g) | $379.46 | $341.52 | $303.57 | $265.62 |
| 3 dwt (4.67 g) | $569.20 | $512.28 | $455.36 | $398.44 |
| 5 dwt (7.78 g) | $948.66 | $853.79 | $758.93 | $664.06 |
| 10 dwt (15.55 g) | $1,897.32 | $1,707.59 | $1,517.85 | $1,328.12 |
| 20 dwt (31.1 g) | $3,794.63 | $3,415.17 | $3,035.71 | $2,656.24 |
Every karat
1 pennyweight of gold in every karat.
The same weight is worth more or less depending on how much pure gold is in it. Every karat is priced as a fraction of 24k.
In other metals, 1 pennyweight of sterling silver is worth $2.65 and 950 platinum is worth $78.18.
Other currencies
1 pennyweight of 22k gold in pounds, euros, rupees and dirhams.
| Currency | Melt value | Per gram |
|---|---|---|
| US dollar (USD) | $189.73 | $122.00 |
| British pound (GBP) | £142.33 | £91.52 |
| Euro (EUR) | €169.03 | €108.69 |
| Canadian dollar (CAD) | CA$267.03 | CA$171.70 |
| Australian dollar (AUD) | A$271.58 | A$174.63 |
| Indian rupee (INR) | ₹18,011.23 | ₹11,581.49 |
| UAE dirham (AED) | AED 696.79 | AED 448.05 |
Converted at the European Central Bank reference rates for 2026-10-19; the dirham uses its fixed peg of 3.6725 to the dollar. Local shop prices add tax, duty and the dealer's margin on top of melt value.
Calculator
Weigh yours and check the number.
Refiners and pawn shops pay a spread below melt. Drop the payout to estimate a real offer, not the theoretical melt value.
Melt value
$189.73
- 22K price per gram
- $122.00
- Gold purity
- 91.7%
- Weight
- 1.56 g
Melt value only: the worth of the raw gold. It excludes stones, craftsmanship, and brand. A finished piece is usually worth more than its melt.
Gold price per gram, by karat
| Karat | Stamp | Purity | Per gram |
|---|---|---|---|
| 24K | 999 | 100.0% | $133.09 |
| 22K | 916 | 91.7% | $122.00 |
| 21K | 875 | 87.5% | $116.45 |
| 18K | 750 | 75.0% | $99.82 |
| 14K | 585 | 58.3% | $77.64 |
| 10K | 417 | 41.7% | $55.45 |
| 9K | 375 | 37.5% | $49.91 |
Questions
1 pennyweight of 22k, answered.
The price per gram lives on the 22k gold price page. Found a 916 stamp and not sure it's genuine? The 916 hallmark guide covers how to check. And if you make what you sell, here's how to photograph it.
For jewelers, not scrappers
A finished piece is worth more than its gold.
Bling AI turns a phone photo of your jewelry into a campaign-ready shot, so buyers pay for the piece, not the melt.