How Much is 20 Pounds of Gold Worth?

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How Much is 20 Pounds of Gold Worth?

What is the value of 20 troy pounds of gold in dollars, euros, and pounds?
Note: Precious metals are typically weighed in troy ounces and pounds, which are slightly different than standard ounces and pounds.

Weight

Unit

Grains
Grams
Kilograms
Long Tons
Metric Tons
Milligrams
Ounces
Pennyweight
Pounds
Stone
Tons
Troy Ounces
Troy Pounds

Metal

Aluminum
Copper
Gold
Platinum
Silver

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20 Troy Pounds of Gold is Worth
U.S. dollars (USD) 421,649
Euros (EUR) 405,113
British pounds (GBP) 347,791

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

Troy Pounds USD Value
20.00 $421,649
20.01 $421,860
20.02 $422,070
20.03 $422,281
20.04 $422,492
20.05 $422,703
20.06 $422,914
20.07 $423,125
20.08 $423,335
20.09 $423,546
20.10 $423,757
20.11 $423,968
20.12 $424,179
20.13 $424,390
20.14 $424,600
20.15 $424,811
20.16 $425,022
20.17 $425,233
20.18 $425,444
20.19 $425,654
20.20 $425,865
20.21 $426,076
20.22 $426,287
20.23 $426,498
20.24 $426,709
Troy Pounds USD Value
20.25 $426,919
20.26 $427,130
20.27 $427,341
20.28 $427,552
20.29 $427,763
20.30 $427,974
20.31 $428,184
20.32 $428,395
20.33 $428,606
20.34 $428,817
20.35 $429,028
20.36 $429,238
20.37 $429,449
20.38 $429,660
20.39 $429,871
20.40 $430,082
20.41 $430,293
20.42 $430,503
20.43 $430,714
20.44 $430,925
20.45 $431,136
20.46 $431,347
20.47 $431,558
20.48 $431,768
20.49 $431,979
Troy Pounds USD Value
20.50 $432,190
20.51 $432,401
20.52 $432,612
20.53 $432,822
20.54 $433,033
20.55 $433,244
20.56 $433,455
20.57 $433,666
20.58 $433,877
20.59 $434,087
20.60 $434,298
20.61 $434,509
20.62 $434,720
20.63 $434,931
20.64 $435,142
20.65 $435,352
20.66 $435,563
20.67 $435,774
20.68 $435,985
20.69 $436,196
20.70 $436,407
20.71 $436,617
20.72 $436,828
20.73 $437,039
20.74 $437,250
Troy Pounds USD Value
20.75 $437,461
20.76 $437,671
20.77 $437,882
20.78 $438,093
20.79 $438,304
20.80 $438,515
20.81 $438,726
20.82 $438,936
20.83 $439,147
20.84 $439,358
20.85 $439,569
20.86 $439,780
20.87 $439,991
20.88 $440,201
20.89 $440,412
20.90 $440,623
20.91 $440,834
20.92 $441,045
20.93 $441,255
20.94 $441,466
20.95 $441,677
20.96 $441,888
20.97 $442,099
20.98 $442,310
20.99 $442,520

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