How much does the Gold Refinery pay per gram?
A. We pay the top dollar in the industry for all scrap gold. Prices are based on the karat and weight of the gold. We pay out only on the gram and not by the penny weight. Many buyers will give a false impression by advertising they pay a higher dollar amount per gram. Most often, they are paying out on the Dense Total Weight, or pennyweight mode. Each gram is two thirds a pennyweight. If you have 100 grams it would equate to 66 penny weights.