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Price per gram of 18-karat gold in Senegal: how to calculate the value of your jewelry

The vast majority of gold jewelry sold in Senegal is 18 karat — and most people have no idea what it's really worth. The result: they accept an offer at random, without knowing whether it's fair.

Gold price in Senegal — live indicative price per gram
KaratPurityPrice per gram (spot, USD)Jayma Or buy-back price
Indicative prices based on the world gold rate, updated automatically. The final price is confirmed in store after testing and weighing.

Do you own a ring, a chain or earrings in 18K and you're looking for the price per gram of 18-karat gold in Senegal before selling? Good news: this value is calculated simply, down to the gram. The 18K gold price per gram in Senegal flows directly from today's rate, which we display in real time on our page dedicated to gold jewelry prices.

At Jayma Or, every day in Dakar we buy 18-karat gold jewelry: chains, bracelets, earrings, and even wedding bands and engagement rings. We test and weigh in front of you, and we pay cash the same day. Here's how to estimate your 18K jewelry yourself.

In this article, you'll discover:

  • what "18 karat" really means and why it's 75% gold;
  • how to calculate the 18-karat gold price per gram, in FCFA;
  • why 18K gold is the most common in Senegal;
  • how to get a fair price for your 18-karat jewelry.

What "18 karat" means: 75% pure gold

The karat measures the purity of gold. Pure gold is 24 karat — that is, 99.9% gold. But pure gold is too soft to make sturdy jewelry: it's therefore mixed with other metals (copper, silver, etc.) to form a resistant alloy.

18-karat gold contains 75% pure gold and 25% other metals. That's what the "750" hallmark (for 750‰) indicates, often found inside rings and on chain clasps. To understand how these mixes are composed, read our article on the different types of gold alloys.

For reference, here are the purities of the main karats:

  • 24 karat: 99.9% gold (pure gold).
  • 21 karat: 87.5% gold.
  • 18 karat: 75% gold.
  • 14 karat: 58.3% gold.

How to calculate the 18-karat gold price per gram

This is where it all becomes concrete. The buyback value of an 18K piece rests on three elements:

  1. The exact weight of the piece, weighed to the gram (and to the tenth of a gram) on a precise scale.
  2. The purity: 75% for 18 karat.
  3. Today's rate, which sets the value of a gram of pure gold.

The formula is simple: weight × 75% × today's price per gram of pure gold = the value of your 18-karat gold. In other words, a gram of 18K gold is worth three quarters of a gram of pure gold. To get an amount in FCFA — the 18-karat gold price per gram in CFA — you just apply this calculation to the current rate shown on our prices page.

Try it now: take the approximate weight of your ring, multiply it by 75%, then by today's price per gram of pure gold. In a few seconds you'll get a realistic range of what your piece is worth. We never make up a price: everything starts from the world rate of the day, public and verifiable.

Why 18-karat gold is the most common in Senegal

If you're looking for the price per gram of 18-karat gold in Senegal, it's probably because most of the jewelry around you is precisely 18K. That's no accident:

  • A good balance. With 75% gold, 18 karat offers a beautiful golden color while staying sturdy enough for everyday use.
  • Durability. More durable than 24K (too soft), it's perfect for rings, wedding bands and chains worn every day.
  • Value. It keeps a high gold content, and therefore a real resale value.

That's why most wedding bands, engagement rings and everyday jewelry in Senegal are 18 karat.

The mistake to avoid: confusing purchase price and buyback price

Here's mistake number one: believing that the buyback price of your 18K ring matches what you paid for it in the jewelry shop. These are two different things. In the shop, you pay for the gold + the craftsmanship + the brand + the merchant's margin. At resale, only the gold actually contained matters — that is, 75% of the weight, valued at today's rate.

Also be wary of "eyeball" estimates, without a scale, and of any price quoted without taking the karat into account. A serious buyer tests and weighs in front of you, then explains the calculation. To dig deeper, see our guide to selling your 18-karat gold jewelry.

How Jayma Or buys back your 18-karat jewelry

Our way of working rests on transparency, from the first to the last franc:

  • Price based on the world rate of the day, publicly displayed, with the 18K purity applied clearly.
  • Testing and weighing in front of you, price explained from A to Z.
  • Cash payment, the same day, in a few minutes.
  • We also buy back wedding bands and engagement rings in 18K gold — we buy, we don't sell: you leave with the money for your jewelry.
  • Trusted courier to your home or office if you can't come to us.

Frequently Asked Questions

What is the price per gram of 18-karat gold in Senegal today?

It changes every day, because it depends on the world rate of gold. The 18-karat gold price per gram in CFA is displayed in real time on our prices page. A gram of 18K gold is worth 75% of a gram of pure gold.

How do I calculate the value of my 18-karat gold ring?

Multiply the weight of the piece by 75%, then by today's price per gram of pure gold. That gives you the 18-karat gold price per gram applied to your piece, in FCFA.

How do I know if my piece is 18 karat?

Look for the "750" or "18K" hallmark (inside the ring, on the chain clasp). Can't find it? A quick test determines the karat precisely, in front of you.

Do you buy back wedding bands and engagement rings in 18-karat gold?

Yes. We buy back wedding bands and engagement rings in 18K gold like all other jewelry. We are buyers: you leave with the money, paid cash the same day.

Does the price depend on the condition of the piece?

No. A damaged, broken or mismatched piece keeps its value: what counts is the amount of gold it contains (weight × 75%), not its appearance.

Take action: get your 18-karat jewelry valued

You now know that 18-karat gold is 75% pure, how to calculate the 18-karat gold price per gram, and how to get a fair price. Only one step remains.

Get a free estimate, with no obligation: send a photo of your jewelry by WhatsApp to +221 78 111 66 87, or make an appointment. We test, weigh and pay cash the same day — home courier available if you can't come to us.

First, check the current rate on our prices page, then get in touch. And for the complete method, also read how to sell your jewelry in Dakar at the best price.

Jayma Or, sarl
N.I.N.E.A 010986761 - N° RCCM: SN.DKR.2024.B.5153
81 Avenue Blaise Diagne, Dakar, Senegal
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