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In 1853, a Troy ounce of gold was worth $20.67. It retained this value until 1934 when it was raised to $35.00 an ounce.

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Q: How much was a troy per ounce of gold worth back in 1853?
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How much is 18 carrot gold 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!)


How much is gold worth in rock form?

A nugget of gold is usually worth more than the stated gold commodity price per ounce. Collectors and enthusiasts like them and are willing to pay more.


How much is a kruggerand worth?

Krugerrands are NOT PURE GOLD!!! The are 91.666 percent pure gold and 8.333 percent copper. This is why a "One Ounce" Krugerrand weighs more than one ounce. It does have an ounce of pure gold in it, but it weighs more than an ounce. Also note the spelling has only one "g" and two "r's." Check the linked website for more details 1 ounce - $1,317 1/2 ounce - $666 1/4 ounce - $333 1/10 ounce - $143 (All prices as of September 10, 2010)


How many pennyweights to an ounce of gold?

There are 20 pennyweights in one Troy Ounce of gold.


How much is a pennyweight of gold worth?

A pennyweight is 24 grains or 1/240 th of a troy pound or 1/20 th of a troy ounce or 1.555 grams. A troy ounce of gold is worth about 880 US dollars (April, 2009). A pennyweight therefore is worth 44 dollars. A pennyweight is a unit of apothecary weight equal to 480 grains or one twelfth of a troy pound or 24 grams. Rubbish - that is a troy ounce and it weighs 31.1 grams anyway.