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It would be $24000 because there are 16 ounces in a pound and gold is currently $1500 an ounce. Note that that would be if the jewelry were solid gold, which it isn't - no jewelry is (solid gold is much too soft for jewelry). But if it's 18 carat gold (typical), it would still be 60% of $24,000, which is $14,400 - still a tidy sum.

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13y ago
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Q: How much is 1 lb of gold jewelry worth?
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