The Value Of Gold
From A Grain To A Ton
Calculate any number of units up to a maximum of ten million units
|Gold Unit Description||Value One Unit|
With the above information, you can calculate the value in US dollars of any unit of gold, from a tiny grain to the proverbial metric tonne.
Gold has been an international measure of wealth practically since the dawn of history, with each culture and era expressing gold weights and value according to their own custom.
In this database, we have included today’s value of what was once the legal value of a US gold dollar. This standard (23.22 grains of pure gold), only barely changed from 1792 to 1933, was incrementally inflated from 1933 to 1972, at which time it was abandoned entirely.
The accelerating devaluation of the ‘dollar’ since 1972 is the very reason that gold today is more important than ever.
Onlygold did business at the same location for more than sixteen years. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973.
Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever!
In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins. We have especially strong bids for old US gold coins.
OnlyGold.com is owned & published by CMI Gold & Silver Inc. Copyright – CMI Gold & Silver Inc. All rights reserved.
All checks, shipments, and correspondence should be sent to:
CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012