14K Gold Price Per Gram by Country: US, Canada, Australia, and the UK
There is one global gold price. It’s set on the COMEX exchange in New York and the LBMA in London, expressed in US dollars per troy ounce. Every country derives its local price from that same number. What differs is the currency it’s converted to, any import duties applied, and local dealer margin on top.
If you’re in the US, Canada, Australia, or the UK with 14K gold to sell or buy, your local-currency price is simply that one global number converted, nothing more mysterious than that.
Why the Same Gold Costs Different Amounts in Different Countries
Three factors create every international price difference.
Currency exchange rate. Gold is priced in USD globally. A weaker local currency means more local units per dollar, so the price in a given currency rises when that currency weakens against the dollar, even if the USD gold price doesn’t move at all.
Import duties and taxes. Some countries add meaningful import duty and tax on top of the raw gold value; others, including the US, Canada, and the UK, apply minimal or no duty on personal gold jewelry, which is one reason prices in those markets track spot closely.
Local dealer margin. Different markets have different competitive structures. More competitive jewelry markets tend to run closer to the pure spot rate; less competitive ones carry higher markups on top.
14K Gold Price Per Gram in the United States
The US is the reference point every other country’s price is measured against. As of mid-2026, with spot around $4,325/oz, 14K gold runs approximately $81/gram in the US. Check the live price for today’s exact rate, and use the gold melt value calculator for your specific piece. The US applies minimal import duty on personal gold jewelry, and 14K is the dominant standard for American jewelry, so American prices track the global spot rate about as closely as any market in the world.
14K Gold Price Per Gram in Canada
Canada’s gold market closely mirrors the US. The CAD price tracks USD spot multiplied by the exchange rate, roughly 1.37 CAD/USD in mid-2026, putting 14K at approximately CAD $111/gram. No meaningful import duty applies to personal gold jewelry, and Canadian and American gold buyers operate on similar payout percentages relative to melt value.
14K Gold Price Per Gram in Australia
At a current USD/AUD exchange rate of roughly 1.43, the same $81/gram US price converts to approximately AUD $116/gram. Australia adds no meaningful import duty on personal gold jewelry, so this conversion is close to the whole story.
One thing that sets Australia apart: it’s one of the largest gold-producing nations in the world, alongside China and Russia. That domestic mining industry doesn’t change the price you’d get for jewelry; gold is gold regardless of where it was mined, but it does mean gold is a genuinely significant part of the Australian economy in a way it isn’t in most consumer markets.
14K Gold Price Per Gram in the United Kingdom
At a current USD/GBP exchange rate of roughly 0.75, the same $81/gram US price converts to approximately £60/gram. Like the US and Canada, the UK applies no meaningful import duty on personal gold jewelry.
The UK’s real difference is its hallmarking system. Rather than the karat stamps used in the US, UK gold jewelry above a minimum weight is legally required to carry an official hallmark from one of the UK’s Assay Offices, in London, Birmingham, Sheffield, or Edinburgh. If you have UK-origin gold, that hallmark is the mark to look for rather than a US-style karat number.
Gold Prices Abroad: Turkey, India, South Korea, and the Euro Area
If you’re comparing against gold priced outside these four markets, here’s the short version: it’s the same global spot price, converted differently, and often carrying a different karat standard entirely.
Turkey prices 14K in lira, and the lira-denominated price has risen sharply in recent years, not because gold got more expensive, but because the lira has lost significant value against the dollar. In USD terms, Turkish gold matches the global rate. Turkish jewelry is also predominantly 22K, not 14K, so confirm the karat stamp before assuming a Turkish-origin piece is 14K.
India prices gold in rupees, and most Indian gold jewelry is 22K or 18K rather than 14K, for cultural and religious reasons tied to gold’s color and purity. India also applies meaningful import duty and tax, roughly 18% combined above the global spot price through formal channels, which is why cross-border arbitrage rarely makes sense once customs enforcement is factored in.
South Korea prices in won, tracking the USD rate directly with no meaningful duty distortion. 14K is genuinely common in Korean fashion jewelry, unlike Turkey and India’s 22K preference.
The euro area trades 14K around €75-76/gram at current exchange rates. European fine jewelry leans toward 18K rather than 14K, though 14K remains common in fashion and everyday pieces.
[VERIFY: the specific lira, rupee, and won exchange rates used to derive these figures should be reconfirmed against a live source before publishing, since these particular currencies have shown meaningful volatility and the underlying rates may have moved since this article’s reference date.]
Only Your Local Price Matters When You Sell
Gold buyers in the US quote in their own local currency at USD-based melt values converted through the numbers above. It doesn’t matter where a piece originally came from or what currency it was purchased in; a 14K piece is priced the same way regardless of its origin, once you’ve confirmed the karat is genuinely 14K rather than a foreign standard like 22K.
Frequently Asked Questions
Is Indian gold jewelry the same purity as US 14K?
Typically no. Most Indian gold jewelry is 22K (916 hallmark) or 18K (750), not 14K. If you have Indian-origin jewelry, confirm the karat stamp before pricing it; a 22K piece is worth meaningfully more per gram than 14K at the same weight.
Can I buy gold cheaply abroad and bring it to the US?
US Customs allows $800 duty-free per traveler; gold above that threshold is subject to duty. Price differences between markets are rarely large enough in USD terms to make arbitrage worthwhile once you factor in customs, documentation, and the real risk of complications for undeclared amounts.
Is UK gold hallmarking different from US karat stamps?
Yes. The US relies on karat numbers and fineness stamps (14K, 585, and similar). The UK legally requires an official hallmark from one of its Assay Offices on gold jewelry above a minimum weight, a different, centrally regulated system rather than a manufacturer-applied stamp.
Does Australian-mined gold cost more than imported gold?
No. Gold is priced the same globally regardless of where it was mined; Australia’s status as a major gold producer affects the country’s economy and export industry, not the price a piece of jewelry sells for.
