A milligram is much smaller than a gram. 2 milligram = 2/1000 grams.
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2.5 ounces is equivalent to approximately 70.87 grams.
700 grams is approximately 1.54 pounds.
700 grams is heaver. A kg (kilogram) is 1000 grams so one-half KG is 500 grams, less than 700 g.
As in pounds sterling. GBP. XAU -> GBP = £1,025.47 700 grams of Gold is therefore worth (today 6th July 2012) £717,829
700 grams of water is approximately 24.7 ounces.