2006-09-24 10:52:32 · 4 answers · asked by tom science 4 in Politics & Government ➔ Politics
Gold prices fluctuate constantly like the stock market which is tracked daily by what is called a spot price. At this very moment the stock price for 1 ounce of pure gold (24 carats - 99.9% pure) is $588.90USD. Which is equivalent to $18.81USD for a single gram of raw-pure-gold.
Remember this price may not apply to tomorrow as the spot price will change due to supply and demand as well as political issues nationally and world wide.
2006-09-24 11:16:47 · answer #1 · answered by Yahoo Medic 5 · 0⤊ 0⤋
The market price of gold is quoted per Troy ounce.A troy ounce of gold is equal to 31.10348 grams .so look at todays quoted price in dollars and divide it by 31.10348 to get the exact price of one gram.Thanks Hope it help you.
2006-09-24 18:04:19 · answer #2 · answered by Dr.O 5 · 0⤊ 0⤋
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2006-09-24 17:57:08 · answer #3 · answered by CHRISTIAN C 2 · 0⤊ 1⤋
don't know
2006-09-24 17:54:14 · answer #4 · answered by RAY ! 1 · 0⤊ 1⤋