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How much can i get for gold nugget that weighs 3.9grams?
Donnaanderson94009
The current market price for gold is around $1,400 per ounce. That is referred to as the "spot" price. There are 28 standard grams per ounce and 32 Troy ounces. If you base the calculation on standard ounces, then the spot value is approximately $200. However, most individuals cannot get spot price from dealers. Most dealers pay a percentage of the day's spot price. Selling the individual nugget can get more than spot due to their collectible value.
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∙ 10y ago
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A nugget that is supposedly gold istested to determine its density It is found to displace 19.3ml of water and has a mass of 371 grams Is it gold?
Your "gold" nugget weighs 371 grams. It displaces 19.3 ml of water. The 19.3 ml of water is 19.3 cc of water. (Water weighs 1 gram per cubic cemtimeter.) You have a nugget that weighs 371 grams and has a volume of 19.3 cc. Let's see how much a cubic centimeter weighs by dividing the weight by the volume. 371 g / 19.3 cc = 19.2 g / 1 cc = 19.2 grams per cubic centimeter. As gold has a specific gravity of about 19.3, that means that it is 19.3 times as heavy as an equal volume of water. Water weighs 1g/cc and the nugget weighs 19.2g/cc, so it looks like the nugget may very well be gold. It certainly has about the right density. Remember that a gold nugget isn't pure gold. Its gold content can vary because there is always a bit of silver and/or copper as an alloy in the nugget. And the percent of gold will vary from the high 90's to the low 80's or even less, in some cases.
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