Market value for an ounce of Gold is at roughly $1250. as of September 2, 2010 but you will pay a little more for it when purchased from a dealer or jeweler. There is a usual 'handler's fee' you'll get charged for the processing of any sale.
One ounce of gold in 2012 is $1,712.
Gold is measured in grams.......................
A cubic ounce is a measure of volume. A cubic ounce of gold weighs more than a cubic ounce of water. Unless the material which makes up the cubic ounce is specified, its weight cannot be determined.
178 oz
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.
The average selling price of gold in North America is on the rise, recently (as of July 30, 2011) bringing in an average price of $1,513 per ounce. In 2010, the average price was $1,205 per ounce.
The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.
Currently the price of gold per ounce is $1,421.45.
The average price for a troy ounce of gold in 1920 was $20.68
The average price per troy ounce of gold in 1865 was $18.93
The average price per troy ounce of gold in 1909 was $18.96
The average price per troy ounce of gold in 1930 was $20.65
The price of gold is usually quoted in troy ounces.
The average price per troy ounce of gold in 1900 was $18.96
The average price per troy ounce of gold in 1991 was $362.11
The average price per troy ounce of gold in 1848 was $18.93
The average price per troy ounce of gold in 1995 was $383.79