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1 US pound (lb.) = 14.5833333 troy ounces

Spot price of 1 troy ounce of gold on 10-05-2010 is currently US dollars $1340.00 per troy ounce.

Multiply that times 14.5833333 equals: $19,541.67 dollars per US pound(rounded off to the nearest cent ).

Multiply 19,541.67 times 50 equals:

total cost of the gold equals: $977,083.50 (rounded to the nearest cent).

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14y ago

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