How much is a one troy ounce of gold worth?
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Amelia Taylor
Studied at Stanford University, Lives in Palo Alto, CA
As a subject matter expert in precious metals and commodities, I can provide you with an informed response regarding the value of gold. The price of gold fluctuates constantly due to various market factors, including economic indicators, currency values, and geopolitical events. To determine the current value of a one troy ounce of gold, you would need to check the most recent spot price from a reliable financial news source or a commodities exchange like the London Bullion Market Association (LBMA) or the New York Mercantile Exchange (NYMEX).
Here's the response in English with the key term highlighted:
The price of a one troy ounce of gold varies and is determined by the current market conditions. As of my last update, you should refer to the most recent spot price from a financial news source or commodities exchange for the most accurate and up-to-date information.
Here's the response in English with the key term highlighted:
The price of a one troy ounce of gold varies and is determined by the current market conditions. As of my last update, you should refer to the most recent spot price from a financial news source or commodities exchange for the most accurate and up-to-date information.
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Works at Amazon, Lives in Seattle. Graduated from University of Washington with a degree in Business Administration.
So if gold is quoted at $1320 per ounce, how much gold can I get for that price? Spot gold prices are quoted as the price of 1 troy ounce of .999 percent fine gold deliverable now. This means you can usually purchase one ounce of gold bullion for right around this price plus the dealer's premium.
2023-04-15 08:05:55
Zoe Reed
QuesHub.com delivers expert answers and knowledge to you.
So if gold is quoted at $1320 per ounce, how much gold can I get for that price? Spot gold prices are quoted as the price of 1 troy ounce of .999 percent fine gold deliverable now. This means you can usually purchase one ounce of gold bullion for right around this price plus the dealer's premium.