Gold & Silver Price Converter — Grams & Ounces to USD / EUR
Convert any quantity of gold or silver to any major currency using live spot prices. Choose grams, troy ounces or kilograms, and see the gold/silver ratio as you go.
● Live Spot Price
—/gram
Gold/silver ratio: —
Spot price
Understanding Gold and Silver as Assets
Gold is priced globally in dollars per troy ounce (1 troy oz = 31.1035 grams). The “spot price” is the current market price for immediate delivery. In the US market, gold is quoted per troy ounce (1 troy ounce = 31.1035 grams). US jewelry is most often 14 karat (58.3% pure gold) or 18 karat (75%), while investment bars/coins are 24 karat (99.5%+ pure).
Gold acts as a hedge against inflation and currency debasement. Because gold is priced globally in US dollars, a weaker dollar usually means a higher dollar gold price — which is why gold often sets records during periods of dollar weakness.
Silver is quoted the same way, per troy ounce, but behaves differently. Roughly half of silver demand is industrial — solar panels, electronics, medical equipment — which gives it a price driver gold does not have, and it is markedly more volatile in both directions. The gold-to-silver ratio, how many ounces of silver buy one ounce of gold, has historically averaged around 60–80×; traders read a spike above 90× as silver being cheap against gold. The converter shows the live ratio above, so you do not have to work it out from two pages.
Kg: 1 kg = 1,000 grams = 32.1507 troy oz
Example: 10 grams of gold at a $2,300/oz spot price
= (10 ÷ 31.1035) × 2,300 = $739.47
Gold/silver ratio = gold price per oz ÷ silver price per oz
At a $74/gram spot price, 50g is about $3,700 today.
Gold’s long-run return has run near 8% a year; the S&P 500’s near 10%, before fees and tax.
Over 20 years that gap compounds into roughly double the ending balance for the index fund.
Precious metals are a store of value and insurance, not a primary wealth builder — which is the case for holding some, not for holding mostly.
💡 What This Means for You
If you hold physical gold or silver, a metal ETF, or bullion inside a self-directed IRA, this converter tracks the current value of the holding. Note that the IRS treats physical bullion and most physically backed metal ETFs as collectibles, so long-term gains can be taxed at rates up to 28% rather than the standard long-term capital gains rate. Sales tax is a separate question and depends on your state: many exempt investment-grade bullion, some only above a minimum purchase, others tax it in full.
Compare gold vs. mutual fund returns
See how gold stacks up against equity funds over your investment horizon.
FAQ
What is a troy ounce vs a regular ounce?▾
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