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Penny weight (dwt)

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Multiply the price in dwt by $66.25 to get US dollars

1 oz = 20 dwt

$1298 2018

$1325 9/02/17 (price will change as gold increases in price)

1 dwt = $64.90 2018

1 dwt $66.25 - - - - - 1/20 of a troy ounce - - or - - 24 grain $64.90

$66.25 to buy $1 worth of gold

$1 is equal to 1 and 1/2 cents

(0.01541) 2018

(0.01509) 2017

1 troy ounce = 31.1034768 grams