Step 1: The Current Market Price of gold
This is also referred to as the Spot Price. This refers to the current price of a one ounce, 24 Karat, 99.99% pure gold bar.
This isn't the price you will receive, but it should serve as the basis of any offer you get.
Finding the Spot Price of gold
This is actually very easy. You can look at the chart in the upper righthand corner of this page.
Once you find the Market Price or Spot Price, divide it by 31.1. This is the price of gold per gram. Write this number down.
Example: $1700.00 ÷ 31.1 = $54.66 per gram