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The value of gold is quoted as the spot price (or market value) per troy ounce of pure gold. A troy ounce is a specific unit of measurement used for precious metals (part of the troy weights system). The spot price changes minute by minute like stock prices. To find the current market price of pure gold per gram divide the spot price by 31.1 (grams in a troy ounce).

Visit the links below for the current gold spot price and to learn more about troy ounces and conversions.

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14y ago

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