How Much Does $1,000,000 of Gold Weigh?

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How Much Does $1,000,000 of Gold Weigh?

What is the weight of $1 million in gold? Weight of 1,000,000 U.S. dollars worth of gold.

Value

$

Currency

U.S. Dollars
Euros
British Pounds

Metal

Aluminum
Copper
Gold
Platinum
Silver

Opposite calculator here

$1,000,000 of Gold Weighs
47.43 troy pounds
39.03 pounds
17.70 kilograms

Market prices as of November 25, 2022

Is Gold a Good Store of Value?

For very long periods of time, yes, gold is an excellent store of value.

Until 1971, the U.S. was on the gold standard. This meant that the price of gold was fixed at $35 per troy ounce. Since that time however, the price of gold has increased by about 8% per year, more than twice the rate of inflation, and much more than bank interest rates.

This doesn’t mean that there haven’t been ups and downs. Between 1980–2000, the price of gold declined considerably.

However, with governments printing more and more money due to the coronavirus and pension crises, it seems likely that gold will continue to hold its value well.

Nearby Results

USD Value Kilograms
1,000,000 17.70
1,001,000 17.72
1,002,000 17.74
1,003,000 17.76
1,004,000 17.77
1,005,000 17.79
1,006,000 17.81
1,007,000 17.83
1,008,000 17.85
1,009,000 17.86
1,010,000 17.88
1,011,000 17.90
1,012,000 17.92
1,013,000 17.93
1,014,000 17.95
1,015,000 17.97
1,016,000 17.99
1,017,000 18.00
1,018,000 18.02
1,019,000 18.04
1,020,000 18.06
1,021,000 18.08
1,022,000 18.09
1,023,000 18.11
1,024,000 18.13
USD Value Kilograms
1,025,000 18.15
1,026,000 18.16
1,027,000 18.18
1,028,000 18.20
1,029,000 18.22
1,030,000 18.24
1,031,000 18.25
1,032,000 18.27
1,033,000 18.29
1,034,000 18.31
1,035,000 18.32
1,036,000 18.34
1,037,000 18.36
1,038,000 18.38
1,039,000 18.39
1,040,000 18.41
1,041,000 18.43
1,042,000 18.45
1,043,000 18.47
1,044,000 18.48
1,045,000 18.50
1,046,000 18.52
1,047,000 18.54
1,048,000 18.55
1,049,000 18.57
USD Value Kilograms
1,050,000 18.59
1,051,000 18.61
1,052,000 18.62
1,053,000 18.64
1,054,000 18.66
1,055,000 18.68
1,056,000 18.70
1,057,000 18.71
1,058,000 18.73
1,059,000 18.75
1,060,000 18.77
1,061,000 18.78
1,062,000 18.80
1,063,000 18.82
1,064,000 18.84
1,065,000 18.85
1,066,000 18.87
1,067,000 18.89
1,068,000 18.91
1,069,000 18.93
1,070,000 18.94
1,071,000 18.96
1,072,000 18.98
1,073,000 19.00
1,074,000 19.01
USD Value Kilograms
1,075,000 19.03
1,076,000 19.05
1,077,000 19.07
1,078,000 19.08
1,079,000 19.10
1,080,000 19.12
1,081,000 19.14
1,082,000 19.16
1,083,000 19.17
1,084,000 19.19
1,085,000 19.21
1,086,000 19.23
1,087,000 19.24
1,088,000 19.26
1,089,000 19.28
1,090,000 19.30
1,091,000 19.31
1,092,000 19.33
1,093,000 19.35
1,094,000 19.37
1,095,000 19.39
1,096,000 19.40
1,097,000 19.42
1,098,000 19.44
1,099,000 19.46

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