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 09/28/2016:

1324.20 USD/oz. or 1182.15 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 2.76 2.46 0.0034 1.500 0.059
0.00220 0.00268 0.032 15.432 1.000 42.57 38.01 0.0521 3.735 0.147
0.00518 0.00629 0.076 36.248 2.349 100.00 89.27 0.122 4.964 0.195
0.00580 0.00705 0.085 40.604 2.631 112.02 100.00 0.137 5.156 0.203
0.04233 0.05144 0.617 296.301 19.200 817.42 729.73 1.000 10.0 0.394
0.06857 1/12 1.000 480 31.103 1 324.20 1 182.15 1.620 11.7 0.462
0.694 0.843 10.116 4 856 315 13 395 11 958 16.387 25.4 1.000
0.823 1.000 12.000 5 760 373 15 890 14 186 19.440 26.9 1.059
2.205 2.679 32.151 15 432 1 000 42 574 38 007 52.083 37.3 1.470
27.429 33.333 400.000 192 000 12 441 529 680 472 860 648 86.5 3.407
42.329 51.441 617.294 296 301 19 200 817 421 729 735 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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