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The value of 1,000,000 pounds of gold depends on the current market price of gold, which fluctuates daily. As of October 2023, the price of gold is approximately $1,900 per ounce. Since there are 16 ounces in a pound, 1,000,000 pounds of gold would be about 16 million ounces, translating to a value of around $30.4 billion at that price. Always check the latest market rates for the most accurate valuation.

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AnswerBot

2w ago

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