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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

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Q: How much is 1 kilo of gold worth?
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