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The answer to your question varies because the price of gold varies on a day-to-day basis. To look up the spot price of gold, go to:

http://finesuissegoldbars.com/todays-gold-price/.

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 33.1 grams of 24 karat gold = $39.86 * 100 = $1319

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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15y ago

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