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How much is metric ton of gold worth?

Updated: 9/13/2023
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15y ago

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This answer is going to fluctuate daily based on current gold prices. To be accurate, you'd need to solve the simple equation: (today's price per ounce) x (32,000).

32,000 is 16 ounces x 2,000 pounds, or 1 ton.

So today (2/5/08), Gold is at $887.90 per ounce.

$887.90/oz x 32,000oz = $28,412,800 / ton. Gold is measures in troy oz. & troy lbs. 29,400 is 12 troy ounces x 2450 troy lb. or 1 troy ton So today 2/27/2009 Gold is at $1050.00 per troy ounce. $1050.00 x 29,400 troy oz = $30,870,000 / 1 troy ton 1 troy ounce = 480 grains 32,150 troy ounces = 1 metric ton 32,150 troy ounces x $1050.00 = $33,757,500 metric ton of gold worth?"

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15y ago
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