Weighing my 10 troy ounce gold Suisse Pamp

Here I decided to weigh my 10 troy ounce Gold Swiss Pamp. My scale only measures in regular ounces and grams. 1 troy ounce = 1.09714 oz or 31.1034 grams.
10 troy ounces = 10.9714 oz or 311.034 grams.
My scale reads 11 ounces or 312 grams which is pretty darn close. I am content.

Category:

Education

Tags:

• weigh
• gold
• pamp

[kcrone1]

Anyone's thoughts on where gold and silver are going, after taking a huge bath today??

[BUILDINGWITHBULLION]

@kcrone1 Gold usually takes the staircase up and the elevator down. This is normal.

[gamingeugenics]

I noticed that scale was off by an ounce. The gold says 10 and the scale says 11, so which do you go by? I thought those scales would have to be very accurate, because I imagine the jeweler would use something close to that scale when determining value for a customer.

[BUILDINGWITHBULLION]

@gamingeugenics That particular scale does not measure in " troy ounces" only traditional ounces and grahms. Precious metals are commonly measured in troy ounces. 1 troy oz = 1.1 traditional ounces. I need to purchase a better scale. Thanks for the comments.

[ChuckNorris2344]

wow i wish that this would be my next goal, but that just too much, anyway icant find 10onces gold like you have all I find was 100 grammes at about 5800$ canadian.

[BUILDINGWITHBULLION]

@ChuckNorris2344 I purchased this when gold was much cheaper. It came in a plastic case which I still keep it in . I only take it out on occasion. Unlike a coin that may have a high grade mint-state and needs to be kept in perfect condition , and may increase in value over time due to rarity , these bullion bars are only worth their weight. So it can be banged around a bit , and won't lose its value . However , of course you try your best to keep it as pristine as possible. Thnx for commenting

[1997cummins12v]

@kcrone1 Yesterday Bernanke said that they are going to hold off on a stimulus package because the job market looks like it is increasing. He left room in his conversation though that suggests there might be more quantitative easing in the future. The downward trend we had yesterday of all precious metals is in direct relationship with what he said. The dollar gained a little "hope" in the futures market, but I believe more stimulus packages are on the way and silver should be over $50 an ounce

[Bill1275w]

I hope you have a gun and shoot regularly and are a fan of nutnfancy.

[malkdk]

@Bill1275w i hope you're right. if you are, i will be purchasing a lot of gold!

[malkdk]

beautiful! that's $17,000 right there!

[shepoodin123]

What a douche! Owwwz let me show you my gold that my mommy bought lol

[Bill1275w]

KILLER HOME INVADER ROBBERS COME GET ME!!!!!!!!!!!!! PS gold will lose half its value when the economy comes back. Better off with corporate bonds.

[TheSwagbuckGuy]

almost 20 grand right there. sweet jesus.