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Actually, precious metals (gold, silver, platimun, & palladium) are measured in troy weight. One troy ounce is about 1.097 (avoirdupois - what we normally use in the U.S.) ounces, and one troy pound is 12 troy ounces. Therefore, one pound of gold (troy) is equal to about .824 pounds (avoirdupois). One pound of gold weighs only .824 times as much as a pound of feathers....or lead.

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13y ago
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16y ago

You need to provide to me the coin's denomination - is this coin a quarter eagle, a half eage, etc.

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15y ago

1 ounce = 28.3495231 grams 1 ounce = 0.0625 pounds 1 US fluid ounce = 0.0295735296 liters

1 US fluid ounce = 0.125 US cups

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13y ago

As of New York market close on March 24, 2011, one troy ounce [~31.1 grams] of gold went for USD $1,480.30.

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14y ago

$1015.15 per ounce

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14y ago

900 £

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Q: How much does it cost to buy 1 ounce of gold?
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