$34,000.00
how much is a troy ounce worth?
In 1853, a Troy ounce of gold was worth $20.67. It retained this value until 1934 when it was raised to $35.00 an ounce.
The average price for a troy ounce of gold in 1920 was $20.68
As of November 21 2011 one troy ounce of gold is worth £1086.39 ($1702.90 US Dollars)
what is a one troy ounce
$20.63 a troy ounce.
June 8th, 2012... one troy ounce of .999 fine gold is woth US$1,590 (ish)
Gold in Alaska is worth the same amount as any other state. Right now gold is worth $1526.60 per troy ounce.
A troy ounce is about 31 grams and the US standard ounce (avoirdupois) is about 28 grams. When buying coins, or gold or silver, you get more by getting a troy ounce. The price of gold and silver is in troy ounces. So, for example, if gold is $1400 an ounce, that price is for a troy ounce. A 28 gram ounce of gold is not worth $1400.
Just look up the price of gold! And that would be for 1 troy ounce of the stuff.
28.35 grams to one ounce 31.1 grams to 1 troy ounce
The average price for a troy ounce of gold in 2001 was $271.04