how much salt to equal one pound of gold
1 pound of gold costs 26,400$ for 2012.
As I type this the value of 1 pound of gold is $18,040.00
It is worth $8,121.02.
1 pound (troy or apothecary) = 0.823 avoirdupois pounds.
310$
Troy Pound value would be about $15,811.20
The price of gold changes daily based on factors such as market demand and economic conditions. As of September 2021, the approximate value of 1 pound of gold is around $19,000 to $20,000 USD. It's best to check with a reputable source for the most current price.
It's just under $600/oz right now, so a pound would be something like $9600
alot
a lot
1/12. Actually, precious metals (gold, silver, platimun, & palladium) are measured in troy weight. One troy ounce is about 1.097 (avoirdupois - what we normally use in the U.S.) ounces, and one troy pound is 12 troy ounces. Therefore, one pound of gold (troy) is equal to about .824 pounds (avoirdupois). One pound of gold weighs only .824 times as much as a pound of feathers....or lead.