A pound troy is 12 ounces; an avoirdupois pound is 16 ounces. 200x16/12=3200/12=266.66.
Around $12 million
The value of the Krugerrand is based on its weight in gold. A 1 ounce Krugerrand contains roughly 1 ounce of gold. The gold value is based on the market price for gold. On Dec. 29, 2007 the price for 1 ounce of gold is $838USD. A one ounce Krugerrand can safely be assumed to contain exactly 1 troy ounce of gold. Krugerrands usually trade at a slight premium to the price of gold bullion, sometimes a slight discount, and of course it depends whether you are buying or selling. We have provided a link with full specifications, and much more information about Krugerrands. The same website has pages with live spot gold prices in up to 12 different currencies. From these sources, you can work out an approximate Krugerrand value at any given time.
I JUST BOUGHT ONE @ W.P.B. GUN SHOW IN GREAT CONDITION FOR $275.00, WELL WORTH IT. GOOD LUCK
The fist adventure of Odysseus when he left the defeated Troy with his 12 ships was the confrontation of the Cicones/ Ciconians, inhabitants of Ismara. His men looted the city but the next day he lost six men on each ship. He was fortunate enough to receive 12 jars of wine that helped him escape the Cyclops.
Gold and precious metals are sold in TROY ounces- a bit different from everyday oz. There are 14.83 troy oz to a standard pound- or 1483 troy oz to 100 standard pounds. The US price for gold this morning is $1124.93 per oz. At today's prices (and they DO change hour by hour) 100 standard pounds of pure gold would be worth $1,668,271.19
You mean how much is five pounds of gold worth? If they are Troy Pounds, then each pound is 12 Troy ounces, so you can check the financial section of the newspaper for the spot price of gold and multiply it by 60. That would be in the neighborhood of $48,000 right now.
In 2007 Australia produced 280 tonnes of gold or 9 million troy ounces worth about 12 billion Australian dollars.
A Troy pound is a mass unit used to measure precious metals. There are 12 troy ounces in every troy pound. One troy pound is equal to 373 grams. Thus there are 31.08 grams in a troy ounce. If gold is $925.00 per ounce, a pure gold (24k or 999.9 fine) gram would be worth $29.76
The spot price for one troy ounce of gold is the same in New Jersey as it is in the rest of the United States. As of 07/07/12 the spot price of gold is $1582.00
The answer to your question varies because the price of gold varies on a day-to-day basis.The gold price is quoted in Troy Ounces. As of June 30 2010, the price is $1240. This is for Troy Ounce. There are 31.1035 grams in a Troy Ounce so to calculate for 1 gram you do this calculation.1 gram of 24 karat gold = 1240 (Price In Troy Ounces) / 31.1035 grams = $39.86Thus 41 grams of 24 karat gold = $39.86 * 41 = $1634Note that this is for pure 24 karat gold such as Credit Suisse gold bars. (If it was 12 karat gold for example, it would only contain half a gram of actual gold and be worth only half as much).
At 950 Gold Market , 12 grams of 10k is worth $152
If a talent of gold weighs 94 pounds. Gold pounds are measured in troy pounds and one troy pound = 12 ounces 94 pounds x 12 troy ounces = 1128 ounces One ounce of gold at the close on Friday, May 02, 2008 cost approximately $855.60 US 1128 ounces x $855.60 =$965,116.80 And that's just the gold value.
It changes on a minute-by-minute basis, but there are 12 troy ounces of gold in a pound (a troy ounce is heavier than a regular ounce) so, multiply the current spot price of gold by 12 and you've got it.
12k gold would be worth about $487.50 per ounce.
1 pound (troy or apothecary) = 0.823 avoirdupois pounds.
$4,564,493. How do people weigh and price gold?Gold is NOT MEASURED in standard ounces/pounds! Instead, precious metals use TROY ounces/pounds. See:How_many_ounces_in_one_pound_of_goldAs of 11:00 am EST Tuesday Sept. 6th, gold is $1,895.90 an ounce.A Troy pound contains 12 Troy ounces, which are about 31.1 grams each, for a total weight in regular ounces of 373.24 grams. 200.63 Troy pounds = 2,407.56 Troy ounces, times $1,895.9 = $4,564,493.