Today's price 25June is $45 a gram, so about $56 for 1.2 grams pure gold
The price of raw gold per gram can cost anywhere from 38 dollars upwards, it all depends on the value after it is melted down. Some buyers may pay up to 50 dollars per gram for raw gold.
The grade of the ore from which gold is to be recovered will determine how much of it must be processed to recover that ounce of gold. There is a broad variation, but there is plenty of gold in ores that is dispersed so widely that it is not economical to attempt commercial recovery. In an additional note, gold exists in veins within ores, and is not chemically combined with other elements within that ore. Mines that are probably considered marginal yield something on the order of 4 to 6 grams of gold per ton of ore, and you can do some simple math from there (perhaps using 5 grams/ton) to discover an answer for the stated grade of ore. There are just over 30 grams in a Troy ounce, and at 5 grams/ton, you're looking at 30 divided by 5 or 6 tons of ore to recover that (Troy) ounce of gold from ore with a grade of 5 grams/ton. If you have 6 tons of ore, that's a lot of ore, and you have a lot of hard work ahead of you if want the ounce of gold disbursed in it. It will take time and energy to win the metal, and it might be as cheap to buy the gold as to recover it from the ore. But we'll leave it for you to do the math after you get an assay.
$4,564,493. How do people weigh and price gold?Gold is NOT MEASURED in standard ounces/pounds! Instead, precious metals use TROY ounces/pounds. See:How_many_ounces_in_one_pound_of_goldAs of 11:00 am EST Tuesday Sept. 6th, gold is $1,895.90 an ounce.A Troy pound contains 12 Troy ounces, which are about 31.1 grams each, for a total weight in regular ounces of 373.24 grams. 200.63 Troy pounds = 2,407.56 Troy ounces, times $1,895.9 = $4,564,493.
Converting a number to a percent is easy; just multiply by 100: 246 x 100 = 24,600%
5 grams of gold is in 5 grams of gold dust
246
how much is 11.2 grams of 14kt gold
How much is 31.1 grams of 24k gold worth today
How much is 220 grams of gold worth
7 grams
How much are 50 grams bar 24k gold Read more:
10 grams of 14k Gold is 10 grams.
half ounce of gold
"Ten grams of gold."
How much is 35 grams of gold worth in pounds
6 grams