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Q: How much does 1lb of pure gold cost?
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How much is a 30 lb gold bar worth?

- Assuming the gold is pure; 24kt - Current price of gold as of 8/8/11 in USD: ~$1707/oz - 16oz = 1lb ; 480oz= 30lb - 480oz * $1707/oz = ~$819,360


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How much is a 1lb of gold worth?

$17 309.0848 on 03-Aug-2010


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How much is 22 kt gold worth in 2011?

Gold prices changes every day! It's about $1,536.50 per ounce of gold in US dollars as of May 27, 2011. 1lb = 12 ounces of gold = $18,438 per pound of gold in US Dollars. Karat or carat is used to calculate how much percentage of pure gold is in an alloy, how much pure materials is in a diamond. 22kt or 22 carat = 91.6% of pure gold is in an alloy. An alloy is something with a mixture of different metals. "Karat" or "carat"is NOT used as a calculation for the price of gold, so the question above doesn't make sense at all: "How much is 22 kt gold worth in 2011?"


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How much does 1lb of gold cost?

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.


How much cash is 1lb of gold worth?

Current gold price is 767.36 Pound Sterling per troy ounce. therefore 1lb (16oz) = £12,277.76 (Price as of 25th May 2014, gold price changes daily.)


How much is 1lb in numbers?

Your question answer the question. 1lb=1lb


How much is 1lb of gold?

Gold is priced in ounces, and the price changes very quickly. A pound would be sixteen times the ounce price.