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Where could you buy a pound of gold?

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Anonymous

17y ago
Updated: 8/17/2019

anywhere that sells jewelry

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Wiki User

17y ago

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How much money would it cost to buy a pound of gold?

926.34 per ounce x 16 ounces in a pound = 14,821.44 per pound of gold.try this site its usefulhttp://gold-price-blog.info/_____________He might be referring to a troy pound of gold. In that case, there are 12 troy ounces to a pound, therefore multiply the cost of one ounce of gold by twelve.Also, the spot price of gold is NOT the cost of gold or value of gold. The spot price of gold is for traders in the futures commodity market. Add around 5% to the spot price of gold to get how much you will be able to buy your one ounce of gold for from most companies. I've been trading gold for over ten years and people who argue that they should buy their gold at the exact spot price are wished 'good luck' and shown the door.For example, today 09-18-09, gold spot was 1010 and I was selling bars for around 1045 per troy ounce and one ounce bullion eagles for around 1055.


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What is heavier pound of gold or pound of cotton?

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What could you buy for one pound in Victorian England?

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