There are 1,000,000 grams in a ton. Therefore it will cost you $39,744,800 per ton. Or $39,744,800,000 for the lot. You might get a slight bulk discount, but trying to buy that much gold at once will move the market, and may make it considerably more expensive.
It is difficult to give an exact value for a ton of pure gold,but a current,and very approximate,figure would be$64.3 million MM $2.0889 . An exact price is difficult to give because the price of the yellow metal,usually quoted in troy ounces,is constantly changing.
– huge gold deposit treasure discovered in china size around 50 tons know the value. Beijing : China has recently discovered a huge gold deposit. It is being claimed that the size of this stockpile is around 50 tonnes which can be sold for around $3 trillion at the current market price.
The Indian Government has sold 20 tons of gold on the international market to meet a foreign exchange crisis. Government officials confirmed the sale, which news reports said took place on May 24. The reports said the gold was sold for $11.7 million a ton, or $234 million.
Those 8000 tons of gold, priced at today's price of 1144.45 as of a few minutes ago, have a value of $296,002,697,361.7893--a little under $300 billion.
Shinil is speculating on what the ship may have carried: 200 tons of gold that supposedly might be worth $132 billion.
Australia is estimated to have the world's largest gold reserves, with 9,500 tonnes or 17 per cent of the total world estimated gold reserves of 57,000 tonnes.
According to the Ugandan government, the value of 31 million tonnes of gold ore stands at $12.8 trillion.
It shipped 188 tonnes of gold worth 10.1 billion Swiss francs last year to Turkey, up from only 11 tonnes in 2021.
The country with the most gold is the United States, with 8,133 metric tons in the American gold reserve. This amounts to a value of $480.84 billion, going by the price of gold at the beginning of January 2023.
In Australia, the current price of gold is 2,850.1 Australian dollar per ounce. The price of gold per gram is 91.63 Australian dollar.
Today's ask price per 1 Kilo Gold Bullion bar is: 64091.83.
1000 gm Gold / 1 Kg Gold Rate in India / 1kg Gold Bars Price Today in India. LIVE Rates : Gold Coin Rates Today RSBL10gm999 ₹63,165.16 RSBL2gm999 ₹12,694.83.
According to the show, it is stated that 90 tons of gold is worth approximately €3.9 bn, which roughly translates to $4.4bn or £3.3bn.
The best estimates currently available suggest that around 208,874 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another.
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 438.9 oz) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 384.0 oz) and 430 ozt (13.4 kg; 471.8 oz).
A ton of gold would make a cube of an edge of about 40 c m .
Central banks bought 400 tonnes of gold in Q3.
About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons).
If you were hoping make your fortune mining the sea, consider this: Gold in the ocean is so dilute that its concentration is very small. One study found there is only about one gram of gold for every 100 million metric tons of ocean water in the Atlantic and north Pacific.
Now fully owned by Newmont Goldcorp, the mine reopened in 2009 after a major expansion project that increased the throughput to become Australia's largest gold mine.
As part of Australia's official reserve assets, the Reserve Bank holds an amount of gold.
Physical gold, commonly known as gold bullion, is available to buy from registered dealers throughout Australia. However, it is important you do your research and have secure ways to store your bullion. If you want to add exposure to gold in your own portfolio, there are ways to invest without buying gold physically.