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How much is an oz of gold worth?

Updated: 9/27/2023
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Wiki User

13y ago

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On Friday, 24 May 2008, the market price of gold was US$924 per troy ounce, so 75 troy ounces of pure gold would be worth about $69000. An alloy such as 10 karat gold or 14 karat gold is worth much less; also note that the troy ounce is about 10% larger than the more familiar "avoirdupois" ounce.


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Remember to add about 3% to 5% to the spot price of gold is you want to buy a bar or bullion coin. I trade gold all day long and this is what it sells for. Not the spot price.

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Wiki User

14y ago
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Wiki User

10y ago

Solid gold is 24 karat gold. The price of gold is quoted in US Dollars per troy ounce of 24 karat or solid gold. You can look up today's price at any online gols site. I've provided a link below.

That price is for the spot price of gold. Slight differences will exist between exactly what format the gold is i.e. is it a gold bar or a popular gold bullion coin.

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Wiki User

13y ago

Spot gold price for one troy ounce of gold on 10-05-2010 was US dollars $1340.60

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Wiki User

13y ago

a bar is about 843$ but I hope that helps a little for a rough estimate

As of 1-16-2011 gold is $1360.37 1 troy oz

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Wiki User

14y ago

As at 4 November 2009 gold retails at US$1,088 per troy ounce.

Hence, 100 ounces would be US$108,800 (approximately).

The price of gold fluctuates daily.

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Wiki User

11y ago

50.7 Ounce of Gold is worth 82960.41 Gold price are 1636.30

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Anonymous

Lvl 1
3y ago

2000

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