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To: LukeL

1 cubic inch of pure gold weighs 316.598 grams. 24K is about $37.76 per gram.

A cubic foot is 12(316.598) X 12(316.598) X 12(316.598) =
4,606,902,848 grams of gold.

Approximately $173,956,651,540 at $37.76/gram


62 posted on 07/05/2015 10:06:53 PM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything.)
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To: outofsalt

Check your math again, you would multiple 12^3 X 316.598, then that number by 20 to get the number of total grams, divide that by 31.1 (grams per troy ounce) and multiple by the days spot price.


66 posted on 07/05/2015 10:35:43 PM PDT by LukeL
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