Troy Ounce Price Gold
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Troy ounce price gold. The spot price of gold per troy ounce and the date and time of the price is shown below the calculator. The price for an ounce of gold is the same all over the globe. Although gold prices are most commonly quoted in ounces gold bullion is also bought and sold by the gram.
One troy ounce of gold is equivalent to 31 1 grams. Gold in usd troy oz gold in sgd gram gold silver ratio s p 500 in gold silver in usd troy oz silver in sgd gram gold in oil sti singapore in gold url for current chart settings use the url below to link to or revisit the chart with the current chart settings. You can access information on the gold price in british pounds gbp euros eur and us dollars usd in a wide variety of time frames from live prices to all time history.
1 troy ounce 31 1034768 grams or 0 0311034768 kilograms. Grams can be a more convenient unit for pricing when trading gold in small quantities or using gold for everyday barter transactions. The gold price is measured in troy ounces which are equal to 1 09711 avoirdupois ounces.
If your browser is configured to accept cookies you will see a button at the bottom of the holdings calculator. The conversion among those units are as below. This is also true of other precious metals including silver platinum and palladium.
The world spot gold price is simply converted into local currencies to give market participants the price for 1 troy ounce of 999 fine gold in their respective local currency. A grain is 64 79891 milligrams mg. The ounces americans know in everyday life are actually called avoirdupois ounces.
This measures out to be about 10 percent more than the avoirdupois ounce. The troy ounce 480 grains is heavier than the avoirdupois ounce 437 5 grains. The chart above shows the price of gold in usd per troy ounce for today.