Gold Price Today in Australia
Today's Gold Prices in Australia - All Karats Live
The following are raw gram prices for the gold price in Australia (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 197.01 AUD | 202.29 AUD | ▲ 0.08 (+0.04%) |
| 22k | 180.60 AUD | 185.44 AUD | ▲ 0.07 (+0.04%) |
| 18k | 147.76 AUD | 151.72 AUD | ▲ 0.06 (+0.04%) |
| 14k | 114.92 AUD | 118.00 AUD | ▲ 0.05 (+0.04%) |
| Ounce | 6,127.70 AUD | 6,291.93 AUD | ▲ 2.52 (+0.04%) |
Last updated: 03:55 - 12 September 2026
Gold Performance in Australia Over Last Year
Gap Between Gold Price in Australia and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 202.29 AUD | 195.45 AUD | +6.84 AUD |
| 22k | 185.44 AUD | 179.17 AUD | +6.27 AUD |
| 18k | 151.72 AUD | 146.59 AUD | +5.13 AUD |
| 14k | 118.00 AUD | 114.01 AUD | +3.99 AUD |
Popular Bullion Bars in Australia
| Bar | Weight (g) | Price |
|---|---|---|
| Perth Mint 1oz | 31.1035 | 6,417.77 AUD |
| Perth Mint 10oz | 311.035 | 63,863.06 AUD |
Gold Performance in Australia - Long Term
Gold Price Performance in Australia (% Annual Change)
| Year | Annual Change |
|---|---|
| 2026 | -11.4% |
| 2025 | +61.7% |
| 2024 | +32.9% |
| 2023 | +15.6% |
| 2022 | +5.7% |
| 2021 | -0.7% |
| 2020 | +15.5% |
| 2019 | +27.7% |
| 2018 | +2.5% |
| 2017 | +6.8% |
| 2016 | — |
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Australia ranks among the world's top gold-producing nations, giving it a unique position where domestic mining meets an active consumer jewelry market, unlike most countries that purely import the metal.
The Perth Mint issues globally renowned investment coins such as the Kangaroo and Nugget, collected and traded by enthusiasts and investors well beyond Australia's own borders.
9k and 18k are the local favorites for everyday jewelry, a pricing pattern that closely mirrors the British model given the deep historical ties between the two countries.
A 10% GST applies to ordinary gold jewelry, while certified investment bars and coins are treated differently under current tax rules.
Frequently Asked Questions
Is Australia really a gold-producing country?
Yes, it's one of the world's largest gold producers, setting it apart from most purely import-dependent markets.
What is the Perth Mint?
A government-owned Australian mint that issues globally recognized investment gold and silver coins like the Kangaroo and Nugget.
Is tax included in the price shown here?
No, prices shown reflect the raw metal value only; GST is calculated separately at the point of purchase.