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.
How much is 1 oz of 14 karat gold worth
$3,852.12c
324
do the math
890
178 oz
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
If gold were $ 1250 / oz. 14 mgs would be worth 61 cents.
5kg of .9999 gold at 1500/oz[troy] is worth approx. $239,976.
1 oz of gold is worth about 2 grand Not....As of 1-16-2011 1 troy oz of gold $1360.37 it will be a while b4 it goes that high friend. As of 9/17/2012 1 Troy oz of .999 fine gold is worth 1770.50
$21 per ounce
around $5,000 dollars