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gorra92
gorra92 asked in Local BusinessesUnited StatesPhoenix · 1 decade ago

What is the cost of gold right now?

I have a 8.92 gram nugget and I was wondering what it is worth.

PLEASE HELP!!!!!!

Update:

I know how much it cost per ounce but what I am wondering is the amount per GRAM.

Update 2:

HOW MANY GRAMS ARE IN A OUNCE?

2 Answers

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  • ©2009
    Lv 7
    1 decade ago
    Favorite Answer

    Gold is weighed in "troy ounces" which are about 31 grams not 28.

    A nugget of 8.92 grams can fetch above the spot price of bullion because larger nuggets are rare.(depending on where it is sold) The vast majority of gold on Earth is in miscroscopic particles.

    Right now gold is about 615 USD/troy oz so your nugget shoud be worth about 200 -250 USD.

    Check this site to get an idea. It is like ebay for gold

    http://www.goldbay.com/Gold-Nuggets,category,1818,...

  • Case IH Man
    1 decade ago

    $623.80 oz. 1 oz = 28.3495231 grams.

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