0
Gold is sold as bullion and metal according to the "spot" price. A premium is added to the cost by a seller of coins, bars, and other forms of collectible gold.
The price of gold was increasing throughout 2011, but lost value in late August, averaging between $1700 and $1800 USD per ounce through early 2012.
The highest US spot price for one troy ounce was just over $1900 USD.
(For the current spot price, see the related link)
Still curious? Ask our experts.
Chat with our AI personalities
Judy
Steve
DevinAdd your answer:
Earn +20 pts
How much pure gold is in 1 ounce of gold dust approximately?
One ounce of pure gold is in 1 ounce of pure gold dust.
How much would a billion dollars worth of gold weigh?
Using the current market price of gold at $1,584.47 per ounce, $1 billion in gold would weigh 39,445.37 pounds, or 19.72 tons.
How much gold 18 carrot worth?
Spot price of 1 troy ounce of gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce. 18 karat gold is 75 percent gold, so take the TROY ounce weight for the 18 karat gold item times .75 to get the PURE 24 karat gold amount, then multiply that by 1340.1 troy ounce of 18 karat gold is worth $1005 dollars.1 troy ounce is equal to 31.1034768 grams, or 1.09714286 US ounces,(so you need MORE than one US ounce of pure 24 karat gold to get the spot price of a TROY ounce of gold!)Another AnswerYou can pick up 18 carrots at the local produce stand for less than two dollars US.
How much is a 1 grain 24k gold bar worth?
1 troy ounce = 480 grains Monex.com shows current gold values so if we take today's value of : $1349 / 480 = $2.81 per grain
How much is 1 kilo of gold worth?
Gold is measured and priced in an old unit of weight called a troy ounce. In modern units, a troy ounce is about 31.11 gm and 1 kilo is 1000 gm. Dividing 1000 by 31.11 gives 32.144 troy ounces. The price of gold changes every day but picking a rough value of $1700/troy ounce, 32.144 x $1700 = $54,644.81
