AustraliaGold Price Today in Australia (22K)
Today's 22K gold price in Australia in AUD: the global spot ounce (live median of Binance, Coinbase and Kraken via PAXG/USD) converted to AUD at an hourly FX rate, divided by 31.1035 g and scaled by purity.
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<a href="https://goldpricesarabia.com/en/australia/gold-price/22k"><img src="https://goldpricesarabia.com/charts/gold/aud/1y?lang=en&unit=oz" width="1200" height="630" alt="Gold price chart in Australian Dollar per troy ounce, 1 year" loading="lazy"></a>
<p style="font:12px sans-serif"><a href="https://goldpricesarabia.com/en/australia/gold-price/22k">Source: Gold Prices Arabia</a></p>What 22K gold actually is
91.7% pure · 22/24 · hallmarked 91622K is 91.7% gold — twenty-two parts gold to two parts alloy, stamped 916. That small amount of copper and silver is enough to hold a shape without dulling the deep yellow that buyers in South Asia and the Gulf associate with real gold.
It is the wedding-and-inheritance karat: bangles, heavy necklaces and the sets given at marriage, bought as much for the weight they hold as for the design. India in particular prices most of its jewellery trade at 916, and the hallmark is checked as routine.
The trade-off is durability. 22K still marks more easily than 18K, so it suits pieces worn on occasions rather than rings worn daily through washing-up and work — which is why the same shop will sell you a 22K necklace and an 18K ring without contradiction.
The dominant retail karat in Australia is 18K, so 22K is usually a deliberate choice here — bought for what it does better, not because it is what the shop happened to have.
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Australia gold market
Australia's retail gold market centres on 18K gold (75% pure), quoted locally per gram in AUD. As a free-floating currency, the AUD means prices also reflect daily AUD/USD exchange-rate moves. The government-owned Perth Mint is one of the world's largest gold refiners and the source of the Australian Kangaroo bullion coin.
Common questions about 22K gold in Australia
- How is the 22K gold price in Australia calculated?
- The 22K per-gram price in Australia is computed as: spot ounce price (XAU/USD) ÷ 31.1035 g × purity ratio × AUD/USD FX rate. The spot price is sourced from Binance, Coinbase and Kraken via PAXG/USD, refreshed every second.
- Why does the gold price differ between shops in Australia?
- The raw spot price is the same across all shops. Differences come from three factors: (1) making charges (5-30 local units per gram), (2) retailer margin (3-10%), (3) local tax if applicable. The price shown here is the floor reference before any add-ons.
- How often is the Australia gold price updated?
- The spot ounce price refreshes in real time via WebSocket (multiple times per second). The AUD/USD FX rate refreshes hourly from open central-bank data. The table above reflects the latest available price.
Today's price, every morning
We post the gram price for Australia on Instagram every day — 24K, 22K, 21K and 18K, with the daily move.
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