Gold Price per Gram 24K in Brazil (999)

How to Calculate the Price of Gram 24K Gold in Brazil

1. Find the current price of gold per ounce 24K

   Check the gold price in United States dollar per ounce 24K from a trusted source (e.g., 2,721)

2. Convert the price of gold from United States dollar to Brazilian Real

   Assume the exchange rate is 6 Brazilian Real per United States dollar. Use the formula:

   Gold price in Brazilian Real = Gold price in United States dollar × United States dollar to Brazilian Real exchange rate
   Gold price in Brazilian Real = 2,721 × 6 = 15,495 Brazilian Real per ounce 24K

3. Calculate the price per gram of 24K gold

   Since 1 ounce equals 31.1 grams, the price per gram of 24K gold is:

   Price per gram of 24K = Gold price in Brazilian Real / 31.1
   Price per gram of 24K = 15,495 / 31.1 ≈ 498.23 Brazilian Real

4. Add the manufacturing cost

   Assume making charges are 125 Brazilian Real per gram. The final price is:

   Final price of Gram 24K gold = Price per Gram of 24K gold + Making charges
   Final price of Gram 24K gold = 498.23 + 125 = 623.23 Brazilian Real

Conclusion

The price of 1 Gram of 24K gold with making charges is approximately 623.23 Brazilian Real.

Gold Making Charges in Brazil

In Brazil, the gold making charges are an important consideration for consumers looking to purchase gold jewelry or investments. These charges, typically expressed as a percentage of the gold's gram price, can significantly influence the final cost to the buyer. As of recent data, the making charges for gold in Brazil generally range from 10% to 20% of the gram price of gold. This means that if the gram price of gold is R$ 300, the making charges could add an additional R$ 30 to R$ 60 to the final price per gram.

For example, if a customer wants to buy a gold necklace weighing 10 grams, and assuming the making charge is set at 15%, the customer would pay approximately R$ 3,300 (which includes both the price of gold and the making charges). It is essential for buyers to understand these fees as they can greatly affect the total investment cost. Therefore, when considering gold purchases in Brazil, it's advisable to inquire about the specific making charges applied by various jewelers to ensure transparency and fair pricing.