1 Ounce Gold Price Analysis in Papua New Guinea
Live Analysis: 1 Ounce Gold in Papua New Guinea
This page provides a detailed financial breakdown for the 1 Ounce denomination of Gold. As of 09:01 PM on Friday, January 30, 2026, this specific unit is trading at PGKÂ 20,750.
The 1 Ounce is a preferred unit for Papua New Guinea's retail investors due to its balance of affordability and liquidity. Unlike larger Kilogram bars (priced at PGKÂ 667,123), the 1 Ounce can be easily liquidated at almost any jewelry shop in the country for immediate cash, making it an ideal emergency fund vehicle.
Purity Standards: 24K vs 22K
The benchmark rate of PGKÂ 20,750 shown above refers to 24 Karat (99.9%) Fine Gold. This is the purity used for investment biscuits and coins. However, for jewelry buyers in Papua New Guinea, the relevant standard is 22 Karat.
24 Karat (Investment)
Purity: 99.9%
Form: Coins, Bars
Live Rate: PGKÂ 20,750
22 Karat (Jewelry)
Purity: 91.6%
Form: Rings, Chains
Est. Rate: PGKÂ 19,021