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Gold is measured in Troy ounces and 1 Troy ounce equals 1.0971428571 ounces. 1 metric tonne = 32,150.746 Troy ounces 1 long ton of 2240 lb (UK) = 32,666.667 Troy ounces 1 short ton of 2000lb (US) = 29,166.667 Troy ounces

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14y ago
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12y ago

"1 ton weighs 2,000 lbs, so that's 32,000 ounces."

Actually gold is measured in metric tonnes, each tonne being 1000Kg, thus the above answer is incorrect. The correct answer is:

One tonne = 1000 kilograms = 32150.746 troy ounces

It's a bit complex and goes back to "what is heavier, an ounce of gold or an ounce of feathers?" The answer here: the gold is heavier, only because gold is always measured in Troy ounces of 31.103grams/ounce. Feathers are weighed in avoirdupois ounces of 28.65 grams/ ounce.

Then there is the question of "what is heavier, a pound of gold, or a pound of feathers?" Surprisingly the feathers are heavier. Why? Because there are only 10 troy ounces to the Troy pound. There are 16 avoirdupois ounces to the avoirdupois pound.

Yet, gold, as a "mining/financial" unit of tonnes relate neither to Troy or to Avoirdupois but rather to the simple metric kilogram. There the tonne relates not to pounds at all but rather simply to 1000 kilograms.

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11y ago

In money, basing upon $1600 per ounce:

51,200,000

1600 per ounce * 16 = 25,600 per pound, * 2,000 = 51,200,000 per ton.

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8y ago

One ton of gold equals 29,166.67 troy ounces of gold.

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12y ago

1 ton = 2000 pounds

16 ounces = 1 pound

2000 pounds Au X 16 ounces Au/1 pound Au = 32,000 ounces Au

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10y ago

60 gold bars

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Q: How many ounces does one ton of gold weigh?
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