Gold Price in Australia
This page presents gold prices in Australia as the international spot-price equivalent converted at market exchange rates. It is a general guide only, not a price quoted by an Australian bullion dealer or jeweller. Shop prices can differ because of premiums, taxes, delivery costs and dealer margins.
In Australia, gold is commonly priced per troy ounce for investment products and per gram for jewellery and smaller items.
XAU spot equivalent · Australia
AUD 5,701.25 per troy ounce ▲ +25.47 (+0.45%)
Gram AUD 183.30Kilogram AUD 183,299.50Tola AUD 2,137.9722K per gram AUD 168.02
COMEX gold futures (GC=F) · Last 30 daily closes · Latest close AUD 5,728.29
Day change basis: COMEX gold futures (GC=F) — this is futures movement, not spot’s own change.
XAU spot equivalent · Australia
AUD 5,701.25 per troy ounce
| Unit | Price |
|---|---|
| Troy ounce | AUD 5,701.25 |
| Gram | AUD 183.30 |
| Kilogram | AUD 183,299.50 |
| Tola | AUD 2,137.97 |
| Purity | Price / gram |
|---|---|
| 24K | AUD 183.30 |
| 22K | AUD 168.02 |
| 21K | AUD 160.39 |
| 18K | AUD 137.47 |
| 14K | AUD 106.92 |
Figures are the international spot price converted at market exchange rates. They are not local jeweller or shop prices, which add premiums, making charges, taxes and dealer margins.
Source: Live market quote · Quote time: 2026-10-26T23:55:16Z · Retrieved by Gold Updates at page load.
Price history
COMEX gold futures (GC=F) daily closes, in USD. This is futures data, not spot.
Calculate your gold value
Gold in Australia: currency, quoting and coins
Market context
Gold buyers in Australia trade in the same international market as buyers everywhere else: there is no separate local spot price. What differs locally is the currency, taxes, premiums and shop charges — the metal itself is priced from the one international benchmark, converted here into AUD.
Currency
The currency is the Australian dollar (AUD), divided into 100 cents. Prices on this page are the international spot price converted at the current market exchange rate for AUD; the conversion rate, not a local dealer board, is what moves the figures here when exchange rates move.
How gold is quoted locally
The international benchmark is quoted per troy ounce in US dollars. Local shops in Australia most commonly quote by the gram for jewellery and small bars; the per-ounce, per-gram and per-kilo figures above are all the same converted price, only the unit changes.
National coin
The best-known national bullion coin is the Australian Gold Kangaroo: a 99.99% pure gold coin issued by the Perth Mint. Coin prices in shops still follow weight and purity first; a design premium, where a dealer charges one, sits on top of the metal value.
Frequently Asked Questions
Why does an Australian bullion dealer quote more than this page?
Dealers add a premium for minting, distribution, storage and their margin, plus any taxes or delivery charges, so the final price sits above the spot-price equivalent.
What affects the gold price in Australian dollars?
The Australian-dollar price reflects the international gold price and the Australian dollar exchange rate, along with local supply conditions.
Is it cheaper per gram to buy a larger bar?
Often yes, because the dealer's premium is usually spread over more metal, but the total outlay is higher, so the choice depends on your budget and plans.
What should I check before buying gold in Australia?
Compare total prices from reputable dealers, confirm weight, purity and delivery terms, and keep the invoice and any certificate of authenticity.
Pricing methodology
Gold Updates takes one XAU spot quote in USD, converts it at the current market exchange rate for AUD, then derives grams (ounce / 31.1034768), kilograms (grams x 1000) and tolas (grams x 11.6638038). Purity multiplies by karat / 24, applied once. Full details: Data Sources & Methodology.