Wednesday, March 17, 2010

What is the Gold Price Per Penny Weight

Another common question that comes up is how much is a pennyweight (DWT) worth. Pennyweight is a fraction of an ounce. There are 20 pennyweights to one ounce. So take the reported price of gold and divide it by 20 to get the current gold price per pennyweight.

In Gold We Trust Coin Bullion and Scrap Gold Calculator is an online tool to give you up to the minute values of all gold coins, junk silver coins, silver bullion, platinum coins and jewelry.

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