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Let me rephrase the question... "If gold is $3 per ounce how much would it be for a whole pound?" there are 16 oz in a pound, so 3*16= $48
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∙ 16y ago
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How many troy ounce gold in a pound?
The troy ounce (ozt) is 480 grains. There are 12troy ounces per troy pound.
1 pound equals how many troy ounces?
1 pound (troy or apothecary) = 0.823 avoirdupois pounds.
How many ounces are in a pound of silver?
A pound is a pound no matter what substance. so the answer would be 16Answer:A Troy pound is used to weigh silver and gold, it has 12 ounces and a mass of 373 g. An Avoirdupois pound is used for everything else. It has 16 ounces and a mass of 454 g.16
What is 80.4 grams of gold equals in ounces?
Depends on what ounce you want it in. * The avoirdupois ounce is the most commonly used ounce today. It is equal to 28.35 grams * A troy ounce (abbreviated as t oz) is equal to 31.10 grams. There are 12 troy ounces in the now obsolete troy pound. The troy ounce is used only to express the mass of precious metals such as gold, platinum or silver. * * The Dutch ounce is 100 gram * The Chinese traditional ounce (tael) has been given a metric value of 50 grams. So 8 grams of gold is 0.257 Troy ounces (approx.) or 0.282 Avirduoise ounces However, if you are looking at a ring it is not likely to be pure gold, rather an alloy. This indicated by the karat stamp (e.g. 10 K) this indicates the fraction of pure gold in the item. 24 K is pure gold.
What unit of measurement is used to weigh gold?
Gold is measured in grams.......................
Is ounce bigger than pound in weighing gold?
No. On second thoughts, yes, it is! You give me a miserly pound of gold and I will generously give you a whole ounce of gold - and even of the same purity). Can you beat that offer?
How much ounce of gold would it take to make a pound?
12
What is troy ounce and avoirdupois ounce?
No....the AV pound is heavier. The Troy ounce is heavier than a AV ounce but there are only 12 troy ounces in a Troy pound compared to 16 in a AV pound. There is an old joke...What is heavier, a pound of Gold or a pound of feathers...? The pound of feathers... Because the troy pound of Gold is measured in Troy...which has a lighter pound.
An ounce of gold weighs MORE than an ounce of butter but a pound of gold weighs LESS than a pound of butter?
no
What is the value of a 50-pound gold bar?
Gold is priced by the ounce. A 50 pound block would be 600 ounces and would cost 600 times the one ounce price. (The reason it's 600 oz. is because gold -- and all precious metals -- are measured in Troy ounces, which are twelve to the pound.)
How much is 1lb of gold?
Gold is priced in ounces, and the price changes very quickly. A pound would be sixteen times the ounce price.
How much is 1lb of gold worth?
Gold is priced in ounces, and the price changes very quickly. A pound would be sixteen times the ounce price.
How many ounces in pound of gold?
A pound of gold weighs 14.583 troy ounces. This answer is correct only if you mean an avoirdupois pound. A troy pound (used for precious metals) is 12 troy ounces. If you ask how many troy ounces are in a pound, you would normally mean a troy pound unless you specify another type of measure - there are several different difinitions for the measure "pound".
How many tons of gold equals a trillion dollars?
With gold selling in 2012 at $1700 an ounce or more, a trillion dollars worth would be equal to or less than 29,781 short tons (US). A short ton is 2000 pounds (avoirdupois). A troy pound of gold is 12 troy ounces, and is equal to about 0.823 pounds. At $1700 an ounce (troy), gold would be $20,400 a troy pound, or $16,789 a pound (avoirdupois). A ton would therefore be $33,578,000.
How much is a 1 pound of gold?
One pound of gold is 12 Troy Ounces. How much 1 pound of gold is worth is another question and depends on the current Spot Market price of gold per Troy Ounce.
How much would an 8 lb gold bracelet be worth?
Gold is currently around $1200 USD per ounce. There are 16 ounces in a pound and you have an 8 pound gold bracelet. So 1200 * 16 * 8 = 153,600 USD. If it is pure gold. I believe this is correct.
How much does a one thousand year old pound of gold cost?
The price of gold at present is about 900 USD per ounce There for 1 lb of gold would cost 14,400 USD
