Gold Price

We use the same pricing basis for all customers, which is based on the daily global market price of gold. We offer a fair price according to the current day’s rate. Our pricing is transparent and equal for everyone. Our calculator always shows the most up-to-date price, so you can trust that you will receive a competitive offer for your gold items.

The gold price per gram varies daily on the global market based on supply and demand. The price tables on the KultaRahaksi website are updated every business day at 9:00 AM according to the previous business day’s gold price at 5:00 PM, so you can always check the current price per gram on our website.

The price of gold is determined by its purity: the purer the gold, the higher the price. 24-carat gold is pure gold (99.9 %) and therefore commands the highest price. 18-carat gold contains 75 % gold, 14-carat gold approximately 58.5 % gold, and 9-carat gold 37.5 % gold.

For example, a 14k gold ring weighing 4 grams contains 2.34 grams of pure gold (4 g × 58.5 %). In Finland, the most common gold purity for jewelry is 14 carats, often marked as 585 or 14k. You can check the exact prices for different purities using our price calculator, as prices are updated according to the gold market price.

The price of gold has shown an upward trend in recent years. The price of gold has increased tenfold during this century and is nearly ten times higher in euros than at the turn of the millennium. Many factors affect the price, including the state of the global economy, geopolitical events, and changes in exchange rates. We continuously monitor these changes and update our prices daily to ensure we always offer the best possible price for your gold items.

According to international practice, the gold price is quoted in troy ounces and US dollars, as this is the established standard in global gold trading. One troy ounce weighs 31.1034768 grams and is different from a regular ounce. The price per gram is derived from the ounce price by dividing it by the weight of a troy ounce and converting it into euros.

The price of white gold and yellow gold is determined in the same way based on gold purity, and the colour does not affect the price of gold sold as a precious metal. In both cases, the decisive factors are gold purity (carats) and the weight of the item in grams. White gold is gold alloyed with other metals, such as palladium or nickel, to achieve its white colour, but the gold content is still determined in the same way as with yellow gold.

If the item is white gold, we may, however, pay slightly more for it, as the palladium contained in white gold has refining value in addition to the gold. In some jewelry purchased abroad, nickel may have been used instead of palladium to whiten the gold. Nickel has no value, but we pay the same price for white gold containing nickel as for white gold containing palladium, so that our pricing remains as clear as possible for customers.

When you sell gold to us, there are no hidden costs. We provide a free KultaPaketti® (insured mail-in pack for selling gold and silver) for shipping, and we do not charge for our evaluation service. When we assess the value of your jewelry, we pay you the full amount we quote. We do not deduct shipping or handling fees. If you are not satisfied with the price we offer, you have three (3) days to cancel a transaction carried out via KultaPaketti®. In that case, we will provide you with our bank details. Once you have returned the amount paid to you, we will immediately return your items to you at no cost. The items are returned insured.

We use the most accurate and reliable methods in the industry to determine the authenticity and purity of gold. We use an XRF analyzer, which measures gold content accurately and quickly. Our professional appraisers also inspect hallmarks and other identifying marks on jewelry. You can trust that we evaluate gold with precision and expertise to ensure you receive a fair price.

The Finnish Tax Administration states on its website:
“In Finland, a private individual may sell ordinary items that have been used by their own family tax-free if the total gains from sales do not exceed €5,000 per year. If your annual capital gains exceed €5,000, you must pay capital gains tax on the portion exceeding that limit.

If you sell items other than ordinary household goods used by your family, you must pay tax on the capital gain. However, tax is only payable if you sell such items and other movable property for a total amount exceeding €1,000 per year.”

We always recommend consulting a tax advisor or the tax authorities to clarify your personal tax situation. We always provide you with a detailed breakdown of the items we purchase so that you can handle any tax reporting properly.

It is important to us that you are satisfied with your decision. If you send your gold items to us for evaluation using KultaPaketti® and decide not to sell them to us, there’s no need to worry. We will return your jewelry to you free of charge and fully insured.