🇿🇦Gold Rate in Randfontein Today
The gold rate in Randfontein today is R74,340 per troy ounce for 24K, based on an international spot price of $4,641.30 per troy ounce. That is up R959.44 from the previous close. This is the international spot price converted into ZAR for Randfontein. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of South Africa's larger markets, with a population of around 133,654.
Gold rate in Randfontein — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | R2,390 | R2,191 | R2,091 | R1,793 | R1,394 |
| 1 Troy Ounce (31.1035 g) | R74,340 | R68,145 | R65,048 | R55,755 | R43,365 |
| 1 Kilogram (1,000 g) | R2,390,102 | R2,190,926 | R2,091,339 | R1,792,576 | R1,394,226 |
All figures in ZAR (Rand). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Browse Gold rates in South Africa
By karat
By weight
Cities in South Africa
Analysis
Other metals in Randfontein
Gold rate in Randfontein — questions
What is the gold rate in Randfontein today?
The gold rate in Randfontein today is R74,340 per troy ounce for 24K, and R74,340 per troy ounce for 24K. These are live figures converted from international spot at the current ZAR exchange rate.
What is the price of 1 gram of gold in Randfontein?
One gram of 24K gold costs R2,390 in Randfontein, and 22K costs R2,191 per gram. 18K works out at R1,793.
Why is 22K cheaper than 24K in Randfontein?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is R199.18 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Randfontein different from other cities?
The underlying metal price is identical everywhere in South Africa — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.