How Much is 550 Grams of Gold Worth?

What is the value of 550 grams 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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550 Grams of Gold is Worth
U.S. dollars (USD)	31,794
Euros (EUR)	30,204
British pounds (GBP)	25,850

Market prices as of December 5, 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

Grams	USD Value
550.0	$31,794
550.1	$31,800
550.2	$31,806
550.3	$31,812
550.4	$31,817
550.5	$31,823
550.6	$31,829
550.7	$31,835
550.8	$31,840
550.9	$31,846
551.0	$31,852
551.1	$31,858
551.2	$31,864
551.3	$31,869
551.4	$31,875
551.5	$31,881
551.6	$31,887
551.7	$31,893
551.8	$31,898
551.9	$31,904
552.0	$31,910
552.1	$31,916
552.2	$31,921
552.3	$31,927
552.4	$31,933

Grams	USD Value
552.5	$31,939
552.6	$31,945
552.7	$31,950
552.8	$31,956
552.9	$31,962
553.0	$31,968
553.1	$31,973
553.2	$31,979
553.3	$31,985
553.4	$31,991
553.5	$31,997
553.6	$32,002
553.7	$32,008
553.8	$32,014
553.9	$32,020
554.0	$32,025
554.1	$32,031
554.2	$32,037
554.3	$32,043
554.4	$32,049
554.5	$32,054
554.6	$32,060
554.7	$32,066
554.8	$32,072
554.9	$32,077

Grams	USD Value
555.0	$32,083
555.1	$32,089
555.2	$32,095
555.3	$32,101
555.4	$32,106
555.5	$32,112
555.6	$32,118
555.7	$32,124
555.8	$32,130
555.9	$32,135
556.0	$32,141
556.1	$32,147
556.2	$32,153
556.3	$32,158
556.4	$32,164
556.5	$32,170
556.6	$32,176
556.7	$32,182
556.8	$32,187
556.9	$32,193
557.0	$32,199
557.1	$32,205
557.2	$32,210
557.3	$32,216
557.4	$32,222

Grams	USD Value
557.5	$32,228
557.6	$32,234
557.7	$32,239
557.8	$32,245
557.9	$32,251
558.0	$32,257
558.1	$32,262
558.2	$32,268
558.3	$32,274
558.4	$32,280
558.5	$32,286
558.6	$32,291
558.7	$32,297
558.8	$32,303
558.9	$32,309
559.0	$32,314
559.1	$32,320
559.2	$32,326
559.3	$32,332
559.4	$32,338
559.5	$32,343
559.6	$32,349
559.7	$32,355
559.8	$32,361
559.9	$32,367