Wow! Gold is well over the $1200 per ounce mark today at $1220 per ounce. You may be asking yourself, how much is my gold worth today? Well, it depends on what karat gold you have. You probably have an assortment of different karats of gold. Most people have 14kt gold. Mixed in with your 14kt will be a little 18kt and some 10kt. How can you tell what karat your gold is? If you use a magnifying glass, you will see a stamp on the clasp of most all gold jewelry. This stamp indicates what karat your gold is. There is always that slim chance with gold that it may be marked 14kt and be 10kt. Or be marked 14kt and not be gold at all, and so on. Most cases, its marked what it is. Now that you have figured out what karat gold you have, you want to know how much your gold is worth, right? At $1220 an ounce, here is the break down. We would actually pay these prices. Here it is broken down in a few different ways so its easy to understand. At $1220 per ounce 14kt gold is worth $610 per ounce. At $1220 per ounce 14kt gold is worth $30.50 per penny weight or dwt. At $1220 per ounce 14kt gold is worth $20.34 per gram. At $1220 per ounce 18kt gold is worth $830 per ounce. At $1220 per ounce 18kt gold is worth $41.48 per penny weight or dwt. At $1220 per ounce 18kt gold is worth $27.27 per gram. That is some of the pricing that we would pay for your gold today based on todays gold price.