Gold Facts

Gold Facts:

Learn about Gold Content, and Gold Price.

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>> Understanding the Weight of Your Gold

•Gold is Measured in "Troy Measurements". Don't be intimidated, Troy Measurements are very easy to understand. We will explain it here. In Troy Measurement One Pound (lb) is equal to 12 Troy Ounces and each troy ounce is equal to 20 Pennyweights (dwt). Below are some conversions to help you understand the weight of your gold compared to the price.

Conversion Formulas:
Formula to convert grams to pennyweight:
___grams x .6006006 = dwt

Formula to convert grams to Troy Ounces:
___grams x .03003 = Troy Ounces


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