Gold: weight, value and size

Below is a comparitive table of weight, value and volume of  gold. It was calculated at the gold prices as of 12/05/2016:

1167.62 USD/oz. or 1091.60 EUR/oz.

The last two columns give the length of the edge (in millimeters and inches) of a cubic block (same height, width and length) of gold of this weight and value, just to get a better idea of its size.

The calculations are based on pure gold, that is 24 carat (karat) gold. For making jewelry, gold smiths normally use less pure gold alloys, which contain parts copper, silver or palladium. This is because of the better mechanical properties of such alloys, and to vary the colour.

The admixture of these other, lighter metals will make the resulting alloy lighter than 24 ct (24 kt) pure gold.


Avoirdupois
pound
Troy
pound
Troy
ounce (oz.)
grain gram USD EUR cm3 edge (mm) edge ('')
1/7000 1/5760 1/480 1.000 0.065 2.43 2.27 0.0034 1.500 0.059
0.00220 0.00268 0.032 15.432 1.000 37.54 35.10 0.0521 3.735 0.147
0.00587 0.00714 0.086 41.109 2.664 100.00 93.49 0.139 5.177 0.204
0.00628 0.00763 0.092 43.972 2.849 106.96 100.00 0.148 5.294 0.208
0.04233 0.05144 0.617 296.301 19.200 720.77 673.84 1.000 10.0 0.394
0.06857 1/12 1.000 480 31.103 1 167.62 1 091.60 1.620 11.7 0.462
0.694 0.843 10.116 4 856 315 11 811 11 042 16.387 25.4 1.000
0.823 1.000 12.000 5 760 373 14 011 13 099 19.440 26.9 1.059
2.205 2.679 32.151 15 432 1 000 37 540 35 096 52.083 37.3 1.470
27.429 33.333 400.000 192 000 12 441 467 048 436 640 648 86.5 3.407
42.329 51.441 617.294 296 301 19 200 720 765 673 839 1000 100.0 3.937
Avoirdupois
pound
Troy
pound
Troy
ounce (oz.)
grain gram USD EUR cm3 edge (mm) edge ('')

The above table is also avaiblable as an Excel spreadsheet. In this spreadsheet, you can change the current gold prices, in dollar and euros per ounce, and then see the effect on the other figures at the mere press of F9.


Copyright © 2001-2009 by R. Harmsen. 20 January 2012: removed the donation link.

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