2006-07-05 11:23:27 · 7 answers · asked by Sidereality 3 in Business & Finance ➔ Investing
Approx. $628.00 per ounce
2006-07-05 11:35:06 · answer #1 · answered by ReggieWjr1 4 · 0⤊ 3⤋
The price of gold varies greatly, even from hour to hour. You can find the price at the closing of the market in the financial section of most news papers. At the present time gold is right around 625 US dollars a troy ounce. Troy ounces are heavier than a standard English ounces there are only 12 troy ounces to a pound and all precious metals are weighed in troy ounces for the purpose of selling or buying.
2006-07-05 18:38:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
One ounce of gold is one ounce. 1/16th of a pound, 28.6 grams.If you mean what is the current value of one ounce of Gold the New York stock exchange closed today July 5th at $623.70 per ounce.With a high of $628.30.This is the current spot Gold chart information and includes New York,Sydney,London,and Hong Kong chart valuations.
The Celtic cat above is correct in stating the measured weight is in troy ounces, but he is way low on the value.Buy all you can from him at $300.00 per ounce and you will more than double your money as it is actually $628.30 as of market close today july 5th 2006.
A troy ounce contains 31.1035 grams.
There are 1000/31.1035 = 32.15072 troy ounces in a kilogramme.
12 troy ounces = 1 troy pound.
2006-07-05 18:39:08 · answer #3 · answered by dazed&confused 6 · 0⤊ 0⤋
1/2 of 2 oz
2006-07-05 18:27:16 · answer #4 · answered by tspbrady 3 · 0⤊ 0⤋
For July 5th........~627 dollars a troy ounce.
2006-07-05 18:44:34 · answer #5 · answered by reallyno 3 · 0⤊ 0⤋
The cost fluctuates
2006-07-05 18:59:48 · answer #6 · answered by ps2754 5 · 0⤊ 0⤋
1 oz.
2006-07-05 18:26:36 · answer #7 · answered by PhantumBG 3 · 0⤊ 0⤋