If you want to sell 24 carat gold in Australia, you are in the most straightforward position of any gold seller. 24ct is pure gold — it commands the highest possible price per gram, and at current Australian gold prices, it is worth more right now than at almost any point in history.
What 24 Carat Gold Actually Means
24 carats represents 100% pure gold — typically 99.9% purity. It is stamped with a 999 hallmark. Unlike 9ct, 14ct, or 18ct gold — which contain varying proportions of other metals — 24ct gold is unalloyed. That is why it is used for gold bars, bullion coins, and investment-grade products, and why it commands the highest value per gram.
Common 24ct gold items include:
- Chinese gold jewellery — necklaces, bangles, and pendants stamped 足金 (pure gold) or 999
- Dubai and Middle Eastern gold — frequently sold as 24ct or 22ct in heavier weights
- Gold bars and bullion — Perth Mint and PAMP bars are typically 999.9 fine
- Bullion coins — Perth Mint Gold Kangaroo, Chinese Gold Panda
- Older Asian gold jewellery — Thai, Vietnamese, and Korean traditions frequently use very high-karat gold
What Is 24 Carat Gold Worth Right Now?
With the gold spot price above AUD $7,000 per troy ounce in 2026:
- $218–$228 per gram for 999 fine gold
- A 10-gram 24ct necklace: approximately $2,180–$2,280
- A 20-gram 24ct bangle: approximately $4,360–$4,560
- A 50-gram gold bar: approximately $10,900–$11,400
How to Identify 24 Carat Gold
- Hallmarks — 999, 999.9, 24K, 24ct, or the Chinese 足金 stamp
- Colour — 24ct has a distinctly deep, rich yellow tone — richer than 18ct or 9ct
- Softness — pure gold is soft and malleable, more prone to minor dents from wear
- Not sure? Bring it in — we test every item and confirm purity at no cost before making any offer
Why Sell Now?
Gold prices have reached record highs in Australian dollar terms in 2025 and 2026. If you are holding 24ct gold you do not plan to wear, display, or pass on, it is generating zero return sitting in a drawer. At current prices, selling locks in a historically high payout.
A Note on Gold Bars and Bullion
We regularly assess and purchase Perth Mint gold bars, PAMP Suisse bars, and bullion coins from major mints worldwide. If you have a larger quantity to sell, contact us ahead of your visit.
How to Sell at The Gold Company
- Bring your 24ct gold to Suite 901, Level 9, 155 Castlereagh Street, Sydney CBD
- Our specialist weighs and tests your items in front of you
- We calculate your offer based on the live spot price and show you the full breakdown
- Accept and receive immediate payment, or take your gold home at no cost
Not in Sydney? Our GoldPak service covers all of Australia — fully insured, payment within 24 hours of acceptance.
Comments are closed