How Many Grams in an Ounce of Gold?

How Many Grams in an Ounce of Gold

If you are wondering how many grams in an ounce of gold, 31.1034768 grams if you are wondering. In gold those are known as troy ounces, which is not the same ounce we use to buy groceries.

In simple calculations, one troy ounce of gold is typically quoted as 31.1035 grams or abusively 31.1 grams. The troy-ounce metric system is often used for precious metals which include gold, silver, platinum etc. One troy ounce is 31.1034768 grams according to the U.S. National Institute of Standards and Technology (NIST).

This difference is particularly essential to keep in mind when you buy gold coins, gold bars and jewelry (see gold price per ounce vs gram).

How Many Grams Are in an Ounce of Gold?

1 troy oz = 31.1034768 grams

For everyday calculations you can regroup using:

1 troy ounce ≈ 31.1035 grams

Numerous gold dealers and also precious-metal websites use the rounded figure of 31.1035 grams to present conversion tables.

Quick Gold Weight Conversion

Gold WeightEquivalent in Grams
0.1 troy oz3.1103 g
0.25 troy oz7.7759 g
0.5 troy oz15.5517 g
1 troy oz31.1035 g
2 troy oz62.2070 g
5 troy oz155.5174 g
10 troy oz311.0348 g
20 troy oz622.0695 g
32.1507 troy oz1,000 g

What Is a Troy Ounce of Gold?

A troy ounce is the standard weight measure for precious metals. When the gold dealer, bullion market or financial site says gold is at X dollars per ounce – unless they specify otherwise, that ounce typically refers to a troy ounce (31.1 grams), not a household understanding of an ounce (28 g).

A troy ounce holds 480 grains, specifically it is 31.1034768 grams in weight. NIST additionally defines one troy ounce as 20 pennyweights and one pennyweight as 1.55517384 grams.

So, you should convert gold weight using the troy ounce as a standard.

Troy Ounce vs. Regular Ounce

The most frequent blunder calculating gold weight is that it is assumed every ounce holds 28.35 grams or so.

That is indeed a common avoirdupois ounce, the mass-unit used to weigh most foods, household goods, packages and many everyday items. Gold uses the troy ounce which has more grams.

Type of OunceGramsCommon Use
Troy ounce31.1034768 gGold and other precious metals
Regular ounce28.3495231 gFood and everyday products
Difference2.7539537 gTroy ounce is heavier

An ounce in Troy measures about 9.7% more than a regular ounce.

Thus, when calculating the weight or value of gold, 31.1035 grams per troy ounce is used and not the commonly confused 28.35 grams.

Why Is Gold Measured in Troy Ounces?

The precious-metals industry uses the Troy-weight system as a base standard for metal trading and pricing. Although gold bullion products can be expressed in troy ounces, grams, kilograms or other units, international gold prices are still quoted in “troy oz”.

So, if we took 1 oz gold as an example, it generally refers to one troy ounce. That works out to a total precious-metal weight of about 31.1035 grams, depending on the purity and other details in the specifications for each product.

This distinction is critical, especially when we compare products across sellers. An ounce is not necessarily a troy ounce, and it can not be relied on to be interchangeable.

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Gold Ounce to Gram Conversion Table

Troy Ounces of GoldGrams of Gold
0.01 oz0.3110 g
0.05 oz1.5552 g
0.10 oz3.1103 g
0.25 oz7.7759 g
0.50 oz15.5517 g
1 oz31.1035 g
1.5 oz46.6552 g
2 oz62.2070 g
3 oz93.3104 g
4 oz124.4139 g
5 oz155.5174 g
10 oz311.0348 g
20 oz622.0695 g
32.1507 oz1,000 g

How to Convert Gold Ounces to Grams

Converting troy ounces to grams is simple.

Formula

Grams = Troy Ounces × 31.1034768

For example, if you have 3 troy ounces of gold:

3 × 31.1034768 = 93.3104304 grams

So, 3 troy ounces of gold weigh approximately 93.31 grams.

For a 10-ounce gold bar:

10 × 31.1034768 = 311.034768 grams

Therefore, a 10 troy-ounce gold bar contains approximately 311.03 grams of total weight.

How to Convert Grams of Gold to Troy Ounces

You could also convert grams back into troy oz.

Formula

Troy ounces = Grams ÷ 31.1034768

Let say you have 100 grams of gold as an example:

3.2151 troy ounces = 100 ÷ 31.1034768

Thus 100 grams of gold is equal to about 3.215 troy ounces.

Gold in GramsApprox. Troy Ounces
1 g0.03215 oz
5 g0.16075 oz
10 g0.32151 oz
20 g0.64292 oz
31.1035 g1 oz
50 g1.60754 oz
100 g3.21507 oz
250 g8.03768 oz
500 g16.07554 oz
1,000 g32.15075 oz

How Much Does a 1-Ounce Gold Bar Weigh in Grams?

According to the troy-ounce measurement, 1 troy-ounce gold bar = 31.1034768 grams

So in everyday descriptions, it is often called 31.1 grams. But note: when a product is not 100% pure, then the total physical weight and amount of pure may vary.

As an example, a gold item with 99.99% stated purity contains slightly less fine-gold than it weighs in total. Which is also why weight and purity play a crucial role in assessing any gold piece.

Does Gold Purity Change the Number of Grams in an Ounce?

No. A troy ounce is a measure of weight and does not change according to gold purity.

One troy ounce is always:

31.1034768 grams

What changes is how much pure gold and silver are in that total weight.

Product PurityTotal WeightApprox. Fine Gold Content
99.99%1 troy oz31.1004 g
99.90%1 troy oz31.0724 g
91.67%1 troy oz28.5109 g
75%1 troy oz23.3276 g

How Many Grams Are in a Gold Bar?

Golden bars can be found in different common designs. The typical weights are 1 gram, 5 grams, 10 grams, 20 grams, 1 troy ounce, and so on:

Gold Bar SizeApprox. GramsApprox. Troy Ounces
1 g1 g0.0322 oz
5 g5 g0.1608 oz
10 g10 g0.3215 oz
20 g20 g0.6430 oz
1 oz31.1035 g1 oz
50 g50 g1.6075 oz
100 g100 g3.2151 oz
250 g250 g8.0377 oz
500 g500 g16.0755 oz
1 kg1,000 g32.1507 oz

What Is the Difference Between a Gold Ounce and a Gram?

Of course, both a gram (g) and a troy ounce (oz), are simply two different units to measure weight.

A troy ounce is far larger than one gram:

1 onza troy equivale a 31.1034768 gramos

Therefore:

1 gram =  0.0321507 troy ounces

You would use this method when asked how one compares small gold bars against larger bullion type products. eg: 10 gram Gold bar ~0.3215 troy ounces.

Why the Troy Ounce Matters When Checking Gold Prices

Gold is often quoted in troy ounces. To have an average price per gram from a quoted gold price, you can divide the price per troy ounce by 31.1034768.

Example

Let’s assume for a moment that gold is priced at $4,000 per troy ounce.

(31.1034768 g = 1oz) $4000 ÷ 31.1034768 ≈ $128.60/ gram

This is just an arithmetic translation of the actual price quote. In practice, the ultimate retail gold prices may vary due to factors related to purity, dealer premiums, fabrication costs, spreads and taxes, etc.

FAQs

How many grams are in an ounce of gold?

One troy ounce of gold equals 31.1034768 grams. It is commonly rounded to 31.1035 grams or 31.1 grams.

Is 1 ounce of gold 28 grams?

No. Gold is normally measured in troy ounces, and one troy ounce equals 31.1034768 grams. The 28.3495-gram figure applies to a regular avoirdupois ounce.

Is a troy ounce heavier than a regular ounce?

Yes. A troy ounce is approximately 31.1035 grams, while a regular ounce is approximately 28.3495 grams. The difference is about 2.754 grams.

How many grams are in 10 ounces of gold?

Ten troy ounces equal approximately 311.0348 grams.

How many troy ounces are in 100 grams of gold?

One hundred grams equals approximately 3.2151 troy ounces.

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