How much is a 3lb gold bar worth?

Answer 1

A 5lb gold bar is worth approximately $55,248.96 One kilogram = 1000 grams = 32.15074656 troy ounces (value US$24,360.62 as of Oct. 15, 2007). 5 pounds equals 2.2679618 kilograms. 2.2679618 kilograms equals 2267.9618 grams. Therefore, we take $24,360.62 multiplied by 2.2679618 kilograms to arrive at our approximate answer. One must note that the price of gold fluctuates daily. Note: Those large gold bars in movies are 12.5 kilograms which is the equivalent to 27.5577827 pounds. 12.5 *24360.62=304507.75 So those types of large cast gold bars are valued at approximately US$304,507.75

Answer 2

A 3lb gold bar is worth a constantly changing amount of US Dollars. The rate can be found by entering the stock symbol XAU. As of 04/28/08, one dollar could buy 0.001119 ounces of gold, or $893.65 an ounce. At this rate 3lb would cost $42,895.20 US.