How Much is 8 Ounces of Gold Worth?
What is the value of 8 troy ounces 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
Opposite calculator here
| 8 Troy Ounces of Gold is Worth | |
|---|---|
| U.S. dollars (USD) | 14,055 |
| Euros (EUR) | 13,504 |
| British pounds (GBP) | 11,593 |
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 Ounces | USD Value |
|---|---|
| 8.00 | $14,055 |
| 8.01 | $14,073 |
| 8.02 | $14,090 |
| 8.03 | $14,108 |
| 8.04 | $14,125 |
| 8.05 | $14,143 |
| 8.06 | $14,160 |
| 8.07 | $14,178 |
| 8.08 | $14,196 |
| 8.09 | $14,213 |
| 8.10 | $14,231 |
| 8.11 | $14,248 |
| 8.12 | $14,266 |
| 8.13 | $14,283 |
| 8.14 | $14,301 |
| 8.15 | $14,318 |
| 8.16 | $14,336 |
| 8.17 | $14,354 |
| 8.18 | $14,371 |
| 8.19 | $14,389 |
| 8.20 | $14,406 |
| 8.21 | $14,424 |
| 8.22 | $14,441 |
| 8.23 | $14,459 |
| 8.24 | $14,477 |
| Troy Ounces | USD Value |
|---|---|
| 8.25 | $14,494 |
| 8.26 | $14,512 |
| 8.27 | $14,529 |
| 8.28 | $14,547 |
| 8.29 | $14,564 |
| 8.30 | $14,582 |
| 8.31 | $14,600 |
| 8.32 | $14,617 |
| 8.33 | $14,635 |
| 8.34 | $14,652 |
| 8.35 | $14,670 |
| 8.36 | $14,687 |
| 8.37 | $14,705 |
| 8.38 | $14,723 |
| 8.39 | $14,740 |
| 8.40 | $14,758 |
| 8.41 | $14,775 |
| 8.42 | $14,793 |
| 8.43 | $14,810 |
| 8.44 | $14,828 |
| 8.45 | $14,846 |
| 8.46 | $14,863 |
| 8.47 | $14,881 |
| 8.48 | $14,898 |
| 8.49 | $14,916 |
| Troy Ounces | USD Value |
|---|---|
| 8.50 | $14,933 |
| 8.51 | $14,951 |
| 8.52 | $14,969 |
| 8.53 | $14,986 |
| 8.54 | $15,004 |
| 8.55 | $15,021 |
| 8.56 | $15,039 |
| 8.57 | $15,056 |
| 8.58 | $15,074 |
| 8.59 | $15,092 |
| 8.60 | $15,109 |
| 8.61 | $15,127 |
| 8.62 | $15,144 |
| 8.63 | $15,162 |
| 8.64 | $15,179 |
| 8.65 | $15,197 |
| 8.66 | $15,214 |
| 8.67 | $15,232 |
| 8.68 | $15,250 |
| 8.69 | $15,267 |
| 8.70 | $15,285 |
| 8.71 | $15,302 |
| 8.72 | $15,320 |
| 8.73 | $15,337 |
| 8.74 | $15,355 |
| Troy Ounces | USD Value |
|---|---|
| 8.75 | $15,373 |
| 8.76 | $15,390 |
| 8.77 | $15,408 |
| 8.78 | $15,425 |
| 8.79 | $15,443 |
| 8.80 | $15,460 |
| 8.81 | $15,478 |
| 8.82 | $15,496 |
| 8.83 | $15,513 |
| 8.84 | $15,531 |
| 8.85 | $15,548 |
| 8.86 | $15,566 |
| 8.87 | $15,583 |
| 8.88 | $15,601 |
| 8.89 | $15,619 |
| 8.90 | $15,636 |
| 8.91 | $15,654 |
| 8.92 | $15,671 |
| 8.93 | $15,689 |
| 8.94 | $15,706 |
| 8.95 | $15,724 |
| 8.96 | $15,742 |
| 8.97 | $15,759 |
| 8.98 | $15,777 |
| 8.99 | $15,794 |
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