9ct Gold Price Per Gram in South Africa Today – February 19, 2026

9ct Gold Price Per Gram in South Africa Today – February 19, 2026

As of Thursday, February 19, 2026, the 9ct (9-karat) gold price per gram in South Africa is approximately R1,780 – R1,880 ZAR per gram for scrap or refined material, depending on the buyer, location, and market conditions.

Understanding 9ct Gold

• Purity: 9ct gold is 37.5% pure gold (375 parts per thousand), alloyed with metals like copper, silver, or zinc for durability.
• Common Use: Frequently used in affordable jewellery, especially in rings, chains, and fashion pieces.
• Not Investment Grade: Due to its low gold content, 9ct is rarely used for bullion or investment purposes.

💡 Note: The price reflects only the melt value—retail jewellery made from 9ct gold will carry significant markups (often 50–150% above melt value).

How the Price Is Calculated

The 9ct gold price is derived from:

1. The LBMA Gold Price: ~$2,300 per troy ounce (as of today)
2. The USD/ZAR exchange rate: ~R18.95
3. Purity adjustment: 37.5% of the 24K gold price

Calculation:

• 24K gold ≈ R3,800/gram (retail benchmark)
• 9ct = 37.5% × R3,800 ≈ R1,425/gram (pure melt value)
• Licensed buyers typically offer R1,780–R1,880/gram to account for refining efficiency, handling, and market demand

⚠️ Important: This is not a retail selling price—it’s what licensed dealers may pay for clean, hallmarked 9ct scrap.

Image: Assorted 9ct gold jewellery ready for refining in a Johannesburg assay lab

Where to Sell or Buy 9ct Gold

✅ Reputable Channels:

• Accredited pawn shops (e.g., Cash Crusaders, Pawn City)
• Certified gold buyers (FICA-compliant, with assay services)
• Jewellery stores offering buy-back programs

❌ Avoid:

• Unlicensed street buyers
• Online buyers requesting upfront fees
• Offers significantly above market rate (likely scams)

VAT and Tax Considerations

• Selling scrap gold: Generally no VAT if sold as second-hand goods
• Buying new 9ct jewellery: Subject to 15% VAT
• Capital gains: Not applicable for personal jewellery under SARS guidelines

Institutional Context

Professional exporters like Africa Gold Reserve do not trade in 9ct gold. The company sources only high-purity gold (90–99.99%) from licensed mines and registered small-scale miners in Ghana, South Africa, and South Sudan—material suitable for international refining and bullion markets, not low-grade jewellery alloys.

Conclusion

The 9ct gold price per gram in South Africa today ranges between R1,780 and R1,880, reflecting its 37.5% purity and current global gold rates. While useful for jewellery, it holds minimal investment value. For serious gold exposure, consider 22K Krugerrands or 99.99% bars. And for institutional buyers sourcing raw material, partnering with a compliant exporter like Africa Gold Reserve ensures access to ethically verified, high-purity African gold.

Website: africa-gold.com
Email: sales@africa-gold.com