Gold price per gram in Austin, TX
Gold trades globally, so the per-gram spot price is the same in Austin (Austin-Round Rock) as anywhere. What varies locally is what buyers pay as a percentage of melt. At today's spot of $4,170.30/oz, 14K is $78.44 a gram.
Gold $4,170.30/oz Silver $57.54/oz Live| Karat | Per gram | Per pennyweight | Per troy oz |
|---|---|---|---|
| 24K Gold·99.90% | $133.94 | $208.31 | $4166.13 |
| 22K Gold·91.67% | $122.91 | $191.15 | $3822.91 |
| 18K Gold·75.00% | $100.56 | $156.39 | $3127.72 |
| 14K Gold·58.50% | $78.44 | $121.98 | $2439.63 |
| 10K Gold·41.67% | $55.87 | $86.89 | $1737.76 |
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Selling gold in Austin
Local gold buyers, jewelers, and pawn shops in Austin typically pay 60 to 90% of melt value. Weigh your items yourself first, get at least three quotes, and compare the percentage of melt each offers, not just the dollar total.
Selling gold in Austin: what Texas law requires
- Texas does not charge sales tax on gold, silver or numismatic coins, or on platinum, gold or silver bullion. Source: Texas Tax Code ch. 151.
- A Texas dealer buying gold jewelry must record your driver's license or state ID number, send a copy of the record to police within 48 hours, and may not melt or resell it before the 11th day after that report. Coins and bars are not covered by this rule. Source: Texas Occupations Code ch. 1956.
This is a summary of the state rule, not legal advice. Cities and counties can add their own rules, so ask the buyer what they need from you before you go.
| Karat | 10 g melt value | At 70% of melt | At 85% of melt |
|---|---|---|---|
| 24K Gold | $1,339.44 | $937.61 | $1,138.53 |
| 22K Gold | $1,229.10 | $860.37 | $1,044.73 |
| 18K Gold | $1,005.59 | $703.91 | $854.75 |
| 14K Gold | $784.36 | $549.05 | $666.70 |
| 10K Gold | $558.70 | $391.09 | $474.90 |
The 70% and 85% columns show what an offer at that share of melt would pay, to help you read a quote. They are not offers.
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