16k Gold Price in Papua New Guinea (PGK)
Enter a weight to value 16k gold by the troy ounce for buyers and sellers in Papua New Guinea, priced from the live gold market. 16 carat (667) is 66.67% gold, and every figure below is priced at that fineness. Priced in Papua New Guinean Kina directly by the rates API — gold is quoting PGK 19,368.91 per troy ounce.
Value of 1 ozt of 16k Gold
PGK 12,912.61
PGK 12,912.61 per troy ounce · PGK 415.15 per gram
19,368.91 ÷ 31.1034768 × 0.6667 × 31.1035 = PGK 12,912.61
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Gold value by unit
One of each measure, at the current gold price.
| Measure | Detail | Value |
|---|---|---|
| Gram | 1 g | PGK 415.15 |
| 10 grams | 10 g | PGK 4,151.50 |
| Kilo | 1,000 g | PGK 415,149.97 |
| Troy ounce | 31.1034768 g | PGK 12,912.61 |
| Tola | 11.6638038 g | PGK 4,842.23 |
| Pennyweight | 1.5551738 g | PGK 645.63 |
| Baht (gold bar) | 15.244 g | PGK 6,328.55 |
| Bhori | 11.6638038 g | PGK 4,842.23 |
| Masha | 0.9719837 g | PGK 403.52 |
| Ratti | 0.121498 g | PGK 50.44 |
| Grain | 0.0647989 g | PGK 26.90 |
| Sovereign (fine gold) | 7.32238 g | PGK 3,039.89 |
| Tael (Hong Kong) | 37.7994 g | PGK 15,692.42 |
| Tael (Taiwan) | 37.5 g | PGK 15,568.12 |
| Tael / liang (mainland) | 50 g | PGK 20,757.50 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | PGK 19,366.97 |
| 22 carat (916) | 91.67% pure | PGK 17,754.84 |
| 21 carat (875) | 87.50% pure | PGK 16,947.80 |
| 20 carat (833) | 83.33% pure | PGK 16,140.76 |
| 18 carat (750) | 75.00% pure | PGK 14,526.68 |
| 16 carat (667) | 66.67% pure | PGK 12,912.61 |
| 14 carat (585) | 58.33% pure | PGK 11,298.53 |
| 12 carat (500) | 50.00% pure | PGK 9,684.46 |
| 10 carat (417) | 41.67% pure | PGK 8,070.38 |
| 9 carat (375) | 37.50% pure | PGK 7,263.34 |
| 8 carat (333) | 33.33% pure | PGK 6,456.30 |
The same figure in other currencies
Every currency the rates API supports is available in the calculator above — pick it from the list and the figure is re-quoted in that currency without leaving this page.
How this is calculated
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied. Gold trades per troy ounce, so every figure here starts from that quote and is converted with the factor shown next to the result.
This is the spot-derived value, not the shop counter price in Papua New Guinea. Local retail rates are set by the jewellers' association and usually sit above this figure once making charges and duty are added.
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Every unit — gram, ounce, tola, masha, tael, sovereign — is available in the calculator above without leaving the page.
Common questions
How much is 1 troy ounce of 16k gold worth today?
1 troy ounce is worth about PGK 12,912.61, from a spot price of PGK 19,368.91 per troy ounce.
How many grams are in 1 troy ounce?
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied.
What does 16k mean?
16 carat is 66.7% gold. At today's market that works out to PGK 415.15 per gram.
Is this the same as the 16k gold rate quoted in Papua New Guinea?
Not exactly. This converts the international spot price into Papua New Guinean Kina at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Papua New Guinea is normally higher.
How often does this price update?
Every 15 minutes. The figure on this page is a cached quote and can be up to 15 minutes behind the market, and the timestamp above it always states when the price was actually taken. For real-time rates, request the same data from the CommodityPriceAPI directly.