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heusuhe
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  • 28-04-2016
  • Physics
Answered

How much does 100g grams of platinum cost

Verified Answer :

AL2006
AL2006 AL2006
  • 28-04-2016

Today (April 28), platinum closed at $1,012 per troy ounce,
and gold closed at $
1,243 the ounce.

1 troy ounce = 31.1 grams.

So 100g of platinum would be worth  (100/31.1) x $1,012  =  $3,254

and 100g of gold would be worth  (100/31.1) x $1,243  =  $$3,997 (rounded). 

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