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How much is a troy ounce of gold worth?

Updated: 9/28/2023
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12y ago

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The spot price of gold changes, sometimes very quickly, but you can check the current price on many financial sites. Right now, you can buy an ounce from one of the large dealers for $1752.90 or sell one to him for $1726.90.

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12y ago
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12y ago

The price of gold and other precious metals changes by the minute. The price as of March 16, 2011 was is $1,401.50 per ounce.

One ounce of gold is now worth $1,638.83. This is as of January 11, 2012

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16y ago

The value of something has a meaning only in an exchange with something else. Usually it is expressed in a well established currency. It is also about 8 barrels of petrol. At present, 22nd April 2008, the value of 1 oz of gold is about US$942. It has a substantial volatility, fluctuating between US$900 and US$1000. The measure in US$ has increased tremendously in the last 10 years. The measure in barrels of petrol, much less.

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12y ago

The value of precious metals is changing even as we speak.

To get the up to the minute prices click on Kitco.com

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9y ago

One Troy ounce of what? Beans? Beach sand? Silver?

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9y ago

The Gold price was £776.75* per ounce on the 5th May 2014

*British Pound Sterling.

Note prices change constantly.

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How much was a troy per ounce of gold worth back in 1853?

In 1853, a Troy ounce of gold was worth $20.67. It retained this value until 1934 when it was raised to $35.00 an ounce.


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How much is gold worth an ounce today?

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Gold in Alaska is worth the same amount as any other state. Right now gold is worth $1526.60 per troy ounce.


How much is 18 carrot gold worth?

Spot price of 1 troy ounce of gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce. 18 karat gold is 75 percent gold, so take the TROY ounce weight for the 18 karat gold item times .75 to get the PURE 24 karat gold amount, then multiply that by 1340. 1 troy ounce of 18 karat gold is worth $1005 dollars. 1 troy ounce is equal to 31.1034768 grams, or 1.09714286 US ounces, (so you need MORE than one US ounce of pure 24 karat gold to get the spot price of a TROY ounce of gold!)


How much is an ounce of gold worth today?

June 8th, 2012... one troy ounce of .999 fine gold is woth US$1,590 (ish)


Coin troy oz vs coin oz?

A troy ounce is about 31 grams and the US standard ounce (avoirdupois) is about 28 grams. When buying coins, or gold or silver, you get more by getting a troy ounce. The price of gold and silver is in troy ounces. So, for example, if gold is $1400 an ounce, that price is for a troy ounce. A 28 gram ounce of gold is not worth $1400.


How much difference is one troy once of gold compared to 1 US ounce of gold?

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