The price per gram of 24-karat gold in Senegal isn't set in Dakar: it's set by the world market, and it changes every day. That's the first thing to understand if you own pure gold — a bar, a coin or a piece of jewelry — and want to know its real value. The right price exists, it can be calculated down to the gram, but you still need to know how.
| Karat | Purity | Price per gram (spot, USD) | Jayma Or buy-back price |
|---|---|---|---|
| … | |||
Do you have a coin, a small bar, or a piece marked 24K or 999? This gold is the purest there is, and it's also the one closest to the official rate. Knowing the price per gram of 24-karat gold means knowing exactly what you're holding before you even set out.
At Jayma Or, every day in Dakar we buy gold in all its forms: jewelry, broken gold, scrap, coins and bars. We test, we weigh in front of you and we pay cash, the same day, based on the world rate. Here, with full transparency, is how the value of your 24-karat gold is calculated.
In this guide, you'll discover:
- what 24-karat gold exactly is and why it's worth more than any other;
- how the price per gram is calculated, step by step;
- why the rate changes every day and how to follow it;
- how to check an offer before selling your gold in Senegal.
24-karat gold: the purest gold, investment gold
24-karat gold is 99.9% pure gold. It's the highest standard there is: it contains almost no other metal. That's why it's often called investment gold: bars and most gold coins come in 24 karat, because it's the form closest to the raw material itself.
Compared to the other standards, the gap is clear:
- 24 karat = 99.9% gold (pure gold);
- 21 karat = 87.5% gold;
- 18 karat = 75% gold;
- 14 karat = 58.3% gold.
The direct consequence: at equal weight, a gram of 24-karat gold is worth more than a gram of 18-karat gold, simply because it contains more gold. So 24 karat is the high benchmark of the market. Note, however, that pure gold is soft: that's why everyday jewelry is rarely 24K, but 21K, 18K or 14K, which are more resistant.
How the price per gram of 24-karat gold is calculated
The calculation is simpler than it seems. The value of your gold rests on three elements, and three only:
- The purity. For 24 karat, it's 99.9%. Almost the entire metal is gold.
- The exact weight. Your coin or bar is weighed to the gram, and to the tenth of a gram, on a precise scale.
- Today's rate. The world price of gold, expressed per gram, sets the basis for the transaction.
So the formula is: weight × purity × today's price per gram = the value of your 24-karat gold. Since 24K purity is 99.9%, the buyback price per gram is very close to the world rate itself — that's what makes this gold so easy to value.
Want a concrete, reliable benchmark? The price of gold in Senegal today is the best basis for comparison. And for the detail by karat, today's buying rate is displayed in real time on our homepage. Check it before any sale: it's your best protection.
Why the price changes every day
Many sellers are surprised: "but why wasn't the price the same last week?" The answer is simple. Gold is a commodity quoted continuously on international markets. Its price rises and falls according to supply, demand, the dollar and the global economic context.
In concrete terms, this means that:
- the price per gram of 24-karat gold changes every day, sometimes from one hour to the next;
- no serious buyer can guarantee you a fixed price valid "forever";
- the right reflex is to check today's rate just before selling.
That's also why the final price is only confirmed after testing and weighing, in the shop, on the day of the transaction. Any remote estimate remains a range; the exact figure depends on the rate at that very moment.
Checking an offer before selling your 24-karat gold
To never sell below the real value, follow this simple method:
- Confirm the standard. Look for the 24K or 999 hallmark. A quick test verifies it precisely if you have any doubt.
- Have your gold weighed in front of you. The actual weight is the basis of the calculation; be wary of an "eyeball" estimate.
- Note today's rate. Check the current rate before you set out.
- Do the math yourself. Weight × price per gram: you get a realistic range in a few seconds.
- Compare the offer received to your estimate. If it's close, it's fair; if not, ask questions.
Try it right now: roughly weigh your coin or bar, multiply by the price per gram for 24 karat, and you'll already know roughly what your gold is worth. That's exactly the reasoning we apply, with full transparency, at Jayma Or.
We buy your 24-karat gold in Dakar
Coins, bars, pure gold jewelry: we buy back your 24-karat gold at a fair price, calculated on the world rate of the day.
- Price based on the world rate, publicly displayed.
- Testing and weighing in front of you, price explained as karat + weight + rate.
- Cash payment, the same day, usually in a few minutes.
- Courier to your home or office if you can't come to us.
Still unsure about the value of what you hold? Our article how much your gold jewelry is worth helps you see clearly, and our page on the price of a kilo of gold in FCFA gives you a benchmark for bars.
Frequently Asked Questions
What is the price per gram of 24-karat gold in Senegal today?
It depends on the world rate of the day, which changes constantly. To know the exact figure, check the current rate shown on our homepage: it's updated in real time, karat by karat.
Is 24-karat gold worth more than 21- or 18-karat gold?
Yes, at equal weight. 24 karat contains 99.9% gold, against 87.5% for 21 karat and 75% for 18 karat. The higher the standard, the more the gram is worth.
How do I know if my gold is really 24 karat?
Look for the 24K or 999 hallmark on the coin or bar. If in doubt, a quick test done in front of you confirms the purity precisely before any price calculation.
Do you buy gold bars and coins?
Yes. We buy coins, bars, pure gold jewelry, but also broken gold and scrap. The form matters little: it's the amount of gold and the standard that determine the value.
Is the price quoted from a photo final?
No, it's an estimate. The final price is confirmed after testing and weighing, and according to the rate at the moment of the transaction. You're then paid cash the same day.
Take action: get your 24-karat gold valued
You now know how the price per gram of 24-karat gold in Senegal is calculated, why it changes every day, and how to check an offer before selling.
Get a free estimate, with no obligation: send a photo of your gold by WhatsApp to +221 78 111 66 87, or make an appointment. We test, weigh and pay cash the same day — and if you'd rather not come to us, we send a courier to you.
Before selling, check the price of gold today, then get in touch: in a few minutes you'll know what your pure gold is really worth.