14K Gold Price Per Gram by Country- Turkey, India, Korea, Europe (2026)
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 the same number. What differs is the currency it’s converted to, the import duties applied, and the local dealer margin on top.
If you’re in the US with 14K gold to sell or buy, the USD price is the only number that matters. The others are useful context — nothing more.
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 Turkish lira, Indian rupees, or Korean won rises when that currency weakens against the dollar, even if the USD gold price doesn’t move. This is why gold prices in Turkey have appeared to surge in TRY terms while the USD price barely moved: the lira lost significant value.
Import duties and taxes. India levies a 15% import duty on gold plus 3% GST — making Indian gold meaningfully more expensive than the international benchmark. Turkey has historically kept duties lower to support its large jewelry market. The US has minimal import duty on gold, which is one reason American gold prices closely track the COMEX spot.
Local dealer margin. Jewelry markets in different countries have different competitive structures. Dubai has the lowest dealer margins in the world — that’s why it’s known as a gold-buying destination. India’s retail jewelry market carries higher margins due to making charges on top of gold content.
14K Gold Price Per Gram in Turkey
Turkey is the 4th largest gold jewelry market globally and has a deep cultural connection to gold. As of mid-2026, the 14K price in Turkish lira is approximately 3,892 TRY per gram. In USD terms, that converts to roughly $81 — identical to the US market, as expected.
However, Turkish gold prices in lira have risen sharply over the past two years, not because gold is more expensive, but because the Turkish lira lost about 60% of its value against the dollar since 2023. A Turkish citizen holding gold has seen the lira value of their holdings rise significantly — the gold protected them against currency debasement. This is exactly why gold demand in Turkey surges during periods of lira weakness.
Turkish jewelry uses 22K gold predominantly, not 14K. If you have Turkish-origin gold, confirm the karat with an acid test — the 22K (916 hallmark) price is about $127/gram, significantly higher than 14K.
14K Gold Price Per Gram in India
India’s 14K gold price in June 2026 is approximately ₹7,709 INR per gram. Converting at the current exchange rate (~95 INR/USD) gives roughly $81 — again, the same as the US dollar melt value.
The important distinction in India: most Indian gold jewelry is 22K (91.6% pure), not 14K. 22K is the standard for traditional Indian jewelry because of its richer yellow color and religious significance. If you have jewelry purchased in India, it’s almost certainly 22K or 18K, not 14K. A 22K piece is worth approximately $127/gram — 57% more than 14K at the same weight.
India’s 15% import duty plus 3% GST means Indian consumers pay about 18% above the global spot price when buying gold through formal channels. This makes cross-border gold arbitrage unattractive for most buyers once you account for customs enforcement.
14K Gold Price Per Gram in South Korea
South Korea’s 14K price in KRW tracks the USD spot rate multiplied by the current exchange rate (approximately 1,380 KRW/USD as of mid-2026). In dollar terms: same as everywhere else.
Korea is a sophisticated jewelry market. 14K gold is common in Korean fashion jewelry, and Korean consumers are price-sensitive. K-beauty and K-fashion trends have driven international interest in Korean jewelry design — but the metal value is universal.
14K Gold Price Per Gram in Europe (EUR)
As of June 2026, 14K gold in Europe trades at approximately €74–76 per gram, depending on dealer. The USD price of ~$81 converted at the current EUR/USD rate of roughly 1.07 gives €75.7 — consistent.
European fine jewelry leans toward 18K (750 hallmark) rather than 14K. The 14K standard dominates the US market; in Western Europe it’s less common in fine jewelry but prevalent in fashion and everyday pieces. Both are real gold — just different karats.
14K Gold Price Per Gram in Canada
Canada’s gold market closely mirrors the US. The CAD price tracks USD spot × the exchange rate (roughly 1.37 CAD/USD), putting 14K at approximately CAD $111/gram in mid-2026. No meaningful import duty applies to personal gold jewelry. Canadian and American gold buyers operate on similar payout percentages.
If You’re Selling Gold in the US, Only the USD Price Matters
US gold buyers quote in USD at USD-based melt values. It doesn’t matter where the jewelry came from, what currency was used to buy it, or what the Turkish or Indian price is today. Your 14K gold piece is priced at the same $81/gram regardless of its origin.
Check today’s live 14K price on the homepage and use the calculator for your exact piece’s value in USD.
Frequently Asked Questions
Why is 14K gold more expensive in Turkey when priced in lira?
The Turkish lira has lost significant value against the US dollar. Since gold is priced globally in USD, the lira-denominated price rises whenever the lira weakens — even if the USD gold price is unchanged. In dollar terms, Turkey’s gold price matches the global spot rate.
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 about $127/gram versus $81/gram for 14K.
Why is gold cheaper in Dubai?
Dubai applies very low import duties on gold and has a competitive jewelry trading market. Local dealers operate on thin margins. The result is gold prices closer to the pure COMEX spot rate than most other markets. Making charges (labor) are also lower for plain jewelry.
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. The price differences between US and foreign markets are rarely large enough in USD terms to make arbitrage worthwhile once you factor in customs, documentation, and the risk of confiscation for undeclared amounts.
