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How Much is a Ton of Gold worth?
If you pay attention to physical gold flows and increased government gold bullion buying figures, you will often hear and or see the term “gold ton” or “gold tonne” used. When referring to precious physical metals, a ton refers to a metric tonne. For .999 fine physical gold bullion or any other precious metal, a metric tonne is exactly 32,150.7 troy ounces of gold or other precious metal. What is a ton of Gold worth? A rough calculation can be executed using a simple live gold spot feed and a simple calculator, smartphone, or search engine. The equation for 'How Much is a Gold Ton Worth' is as follows: ... (full story)