🇿🇦Gold Rate in Queenstown Today
The gold rate in Queenstown today is R2,368,988 per kilogram for 24K, based on an international spot price of $4,604.40 per troy ounce. That is up R55,464 from the previous close. This is the international spot price converted into ZAR for Queenstown. 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 118,599. The ZAR has strengthened 0.615% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Gold rate in Queenstown — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | R2,369 | R2,172 | R2,073 | R1,777 | R1,382 |
| 1 Troy Ounce (31.1035 g) | R73,684 | R67,543 | R64,473 | R55,263 | R42,982 |
| 1 Kilogram (1,000 g) | R2,368,988 | R2,171,572 | R2,072,864 | R1,776,741 | R1,381,909 |
All figures in ZAR (Rand). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Last 10 days · 24K per kilogram in Queenstown
Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current ZAR exchange rate.
| Date | 24K / kilogram | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | R2,379,123 | +R55,464 | 2.39% |
| Thu, 20 Aug 2026 | R2,323,660 | +R13,840 | 0.60% |
| Wed, 19 Aug 2026 | R2,309,820 | +R63,490 | 2.83% |
| Tue, 18 Aug 2026 | R2,246,330 | -R26,651 | -1.17% |
| Mon, 17 Aug 2026 | R2,272,981 | +R19,242 | 0.85% |
| Fri, 14 Aug 2026 | R2,253,738 | +R8,644 | 0.38% |
| Thu, 13 Aug 2026 | R2,245,095 | -R23,307 | -1.03% |
| Wed, 12 Aug 2026 | R2,268,402 | +R13,326 | 0.59% |
| Tue, 11 Aug 2026 | R2,255,076 | +R10,908 | 0.49% |
| Mon, 10 Aug 2026 | R2,244,169 | — | — |
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Gold rate in Queenstown — questions
What is the gold rate in Queenstown today?
The gold rate in Queenstown today is R2,368,988 per kilogram for 24K, and R2,368,988 per kilogram 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 Queenstown?
One gram of 24K gold costs R2,369 in Queenstown, and 22K costs R2,172 per gram. 18K works out at R1,777.
Why is 22K cheaper than 24K in Queenstown?
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 R197.42 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Queenstown 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 5 minutes ago. Exchange rates refresh alongside it.