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Actually, precious metals (gold, silver, platimun, & palladium) are measured in troy weight. One troy ounce is about 1.097 (avoirdupois - what we normally use in the U.S.) ounces, and one troy pound is 12 troy ounces. Therefore, one pound of gold (troy) is equal to about .824 pounds (avoirdupois). One pound of gold weighs only .824 times as much as a pound of feathers....or lead.
What else can I help you with?
What does an ounce of gold cannot buy an ounce of time mean?
This phrase suggests that while wealth can purchase material possessions like gold, it cannot purchase more time. Time is limited and priceless, and once it's gone, it can't be bought back. This serves as a reminder to prioritize and make the most of the time we have.
Which is better to Buy ounce of gold or silver?
Gold by far, especially if it is pure (24k). Gold is selling for around $1000US/oz, while silver is $12-13US/oz. Ten ounces of silver might fetch $120-130US. Philosophically, it depends on who is buying. Gold is worth nothing to a silversmith, that person would rather have the silver. But they wouldn't pay more than $12-13US per ounce. $1US is one United States of America dollar.
How many ounces in a gold bouillon?
You can buy gold bullion in a number of different sizes. So it isn't really how many ounces are in a gold bullion it is how much gold bullion would you like to buy. If you need more information visit a website that i frequently look at http://www.dgse.com hope this helped!!
If gold were sold by weight (instead of mass) would you rather buy it on Earth or on the Moon?
I would rather buy gold on the Moon because the gravitational force is weaker there, which means I would get more gold for the same weight compared to Earth. Since weight is the force exerted by gravity, a lower gravitational pull on the Moon would make gold less heavy and therefore cheaper to buy by weight.
How much is an ounce of crack worth?
The street price of crack cocaine can vary widely depending on location and purity, but it typically ranges from $800 to $1,200 per ounce. However, it is illegal and highly dangerous to buy or sell crack cocaine.
How much of gold can you buy for 1030 dollars?
Less than 1 ounce.
How much does depleted uranium cost per ounce?
I have been able to buy it for about $285 per ounce.
How much money would it cost to buy a pound of gold?
926.34 per ounce x 16 ounces in a pound = 14,821.44 per pound of gold.try this site its usefulhttp://gold-price-blog.info/_____________He might be referring to a troy pound of gold. In that case, there are 12 troy ounces to a pound, therefore multiply the cost of one ounce of gold by twelve.Also, the spot price of gold is NOT the cost of gold or value of gold. The spot price of gold is for traders in the futures commodity market. Add around 5% to the spot price of gold to get how much you will be able to buy your one ounce of gold for from most companies. I've been trading gold for over ten years and people who argue that they should buy their gold at the exact spot price are wished 'good luck' and shown the door.For example, today 09-18-09, gold spot was 1010 and I was selling bars for around 1045 per troy ounce and one ounce bullion eagles for around 1055.
What website will buy scrap gold by the ounce?
MoneySavingExpert will buy scrap gold by the ounce online. Other sites which will buy gold online are Hatton Garden Metals, Tesco Gold Exchange and Lois Jewellery.
Is it expensive to buy gold jewelry instead of silver jewelry?
When comparing an ounce of silver and an ounce of gold, gold has always had more worth per ounce. You would be looking at paying much more for a 24 Karat solid gold ring than a sterling silver one.
Does one ounce of water equal one once of sand?
Buy weight it is exactly the same. Just as one ounce of gold weighs as much as one ounce of feathers. As everyone should know!!! By "volume" the answer is NO!!
Is it better to buy gold coins or gold bullion and what are the differences (if any) in the current values?
It's best to diversify. There are no differences in the value, but there is a difference in weight. Gold is priced according to troy ounces. Gold coins will cost less because they don't weigh as much. The current price of gold is over $1100 for a troy ounce!
How much would it cost to buy a castle on wizard 101?
8,000 to 100,000 in gold.
How much does a 4 ounce package of cream cheese cost?
An ounce of cream cheese equals 2 tablespoons
How can you get a free gold package on panfu?
You can't you have to BUY the gold package guys!! It doesn't cost much! Gymnast27 xx
How much gold can you buy with ten thousand dollars?
The price of gold is constantly changing, but as of 3:00 PM (EST) on August 4th, 2010, the price of gold is $1195.46 USD per ounce, which means that $10,000 could buy 8.365 ounces (0.237 kg) of gold.
Where would I find gold bars for sale and what is the cost per bar in today's market?
BullionVault sells gold bars on their website. The cost of gold bars changes daily and depends on where you want to buy the gold from. On their website there is an app for figuring out the price that gold bars will cost on the day you are buying. Apmex is another website that sells gold bars and they advertise prices as low as $24.99 per one ounce bar.
