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How Much is One Pound of Gold Worth?

Answer

To calculate this amount you need the current price of gold (today its $1,131) and some simple math. There are 16 ounces in a pound so we multiply todays price ($1,131) times 16 to arrive at $18,096 for today's value of one pound of gold.
1 Additional Answer
As of today (Nov. 23, 2009), a pound of gold is worth $18,624, however the price changes day to day. The price of gold can fall several hundred dollars per ounce in a few weeks. To find more information click here: http://www.goldprice.org/silver-and-gold-prices/
Q&A Related to "How Much is One Pound of Gold Worth?"
The typically used measrement for the measurement of the worth of gold is the Troy Ounce. This sytem of measurement was created by the Anglo-Saxons. As such, according to the Troy
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To calculate this amount you need the current price of gold (today its $1,131) and some simple math. There are 16 ounces in a pound so we multiply todays price ($1,131) times 16 to
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As of December 5, 2009, the price of gold $55.50 per ounce. There are 16 ounces to a pound. So, a pound of pure gold would be $888.00. Most gold is purchased by the ounce according
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with gold at say 1200 dollars per ounce, and 14 ounces per pound, 2500x14x1200=42 000 000 dollars.
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