Question by julybaby: How much is 5 grams of .999 gold worth today?
I bought a 5 gram PAMP gold bar necklace. It is .16 oz of .999 pure gold.
Can anyone tell me how to figure out it’s worth?
Answer by Eustace Tilley
You wrote, “It is .16 oz…”
Well, find out the price of one ounce of gold and then multiply that times .16 on a calculator, so, if, hypothetically, gold is worth, say, $ 1000 an ounce, then:
$ 1000 x .16 = $ 160
See how that works?
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