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When talking about gold, we're referring to a troy ounce, not your regular "baking" ounce avoirdupois.

There are 31.103 grams in a troy ounce.

There are 28.3495 grams in an ounce avoirdupois

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One fluid ounce is equal to 29.6 milliliters. To convert ounces to milliliters, multiply the number of ounces by 29.6 and the product is the number of milliliters.

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At close of market on 7-8-11 spot price was $36.71 per ounce.

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0.03 ounce

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