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The answer to your question varies because the price of gold varies on a day-to-day basis.
The gold price is quoted in Troy Ounces. As of June 30 2010, the price is $1240. This is for Troy Ounce. There are 31.1035 grams in a Troy Ounce so to calculate for 1 gram you do this calculation.
1 gram of 24 karat gold = 1240 (Price In Troy Ounces) / 31.1035 grams = $39.86
Thus 41 grams of 24 karat gold = $39.86 * 41 = $1634
Note that this is for pure 24 karat gold such as Credit Suisse gold bars. (If it was 12 karat gold for example, it would only contain half a gram of actual gold and be worth only half as much).
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∙ 13y ago
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