Gold price per gram in Minneapolis, MN
Gold trades globally, so the per-gram spot price is the same in Minneapolis (Twin Cities) as anywhere. What varies locally is what buyers pay as a percentage of melt. At today's spot of $4,160.10/oz, 14K is $78.24 a gram.
Gold $4,160.10/oz Silver $57.29/oz Live| Karat | Per gram | Per pennyweight | Per troy oz |
|---|---|---|---|
| 24K Gold·99.90% | $133.62 | $207.80 | $4155.94 |
| 22K Gold·91.67% | $122.61 | $190.68 | $3813.56 |
| 18K Gold·75.00% | $100.31 | $156.00 | $3120.08 |
| 14K Gold·58.50% | $78.24 | $121.68 | $2433.66 |
| 10K Gold·41.67% | $55.73 | $86.68 | $1733.51 |
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Selling gold in Minneapolis
Local gold buyers, jewelers, and pawn shops in Minneapolis typically pay 60 to 90% of melt value. Weigh your items yourself first, get at least three quotes, and compare the percentage of melt each offers, not just the dollar total.
Selling gold in Minneapolis: what Minnesota law requires
- Minnesota exempts precious metal bullion from sales tax, but not coins, jewelry or scrap. Source: Minnesota Department of Revenue.
- A Minnesota precious metal dealer must see an ID card with your photo and address. Source: Minn. Stat. 325F.734.
- The dealer keeps the item unaltered for at least 14 days after buying it. Source: Minn. Stat. 325F.736.
This is a summary of the state rule, not legal advice. Cities and counties can add their own rules, so ask the buyer what they need from you before you go.
| Karat | 10 g melt value | At 70% of melt | At 85% of melt |
|---|---|---|---|
| 24K Gold | $1,336.17 | $935.32 | $1,135.74 |
| 22K Gold | $1,226.09 | $858.26 | $1,042.18 |
| 18K Gold | $1,003.13 | $702.19 | $852.66 |
| 14K Gold | $782.44 | $547.71 | $665.07 |
| 10K Gold | $557.34 | $390.14 | $473.74 |
The 70% and 85% columns show what an offer at that share of melt would pay, to help you read a quote. They are not offers.
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