gold weight 68.1 grains in avoirdupois equall in troy grains
A pennyweight is 24 grains or 1/240 th of a troy pound or 1/20 th of a troy ounce or 1.555 grams. A troy ounce of gold is worth about 880 US dollars (April, 2009). A pennyweight therefore is worth 44 dollars. A pennyweight is a unit of apothecary weight equal to 480 grains or one twelfth of a troy pound or 24 grams. Rubbish - that is a troy ounce and it weighs 31.1 grams anyway.
$53,000
1 grain = 0.0648 grams 1 gram = 15.432 grains
1200.00us dollar
$34,000.00
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
1 troy ounce = 480 grains Monex.com shows current gold values so if we take today's value of : $1349 / 480 = $2.81 per grain
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
what is a one troy ounce
Gold in Alaska is worth the same amount as any other state. Right now gold is worth $1526.60 per troy ounce.
If you had 2 gold bars weighing 5 grains each, and are .999 proof how much would they be worth?
250 grains is approx. equal to 1/2 Troy Oz. At current (01/17/14) silver price of $20.29/Oz. 250 grains is worth about $10.50. (Actual conversion is: 1 grain = .00208333 troy ounces, therefore 250 grains x 0.00208333 Oz./grain = 0.5208325 Troy Oz. x $20.29/Oz. = $10.567691