How Much is 880 Pounds of Gold Worth?

What is the value of 880 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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880 Troy Pounds of Gold is Worth
U.S. dollars (USD)	18,713,587
Euros (EUR)	17,823,379
British pounds (GBP)	15,325,411

Market prices as of December 7, 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
880.0	$18,713,587
880.1	$18,715,714
880.2	$18,717,840
880.3	$18,719,967
880.4	$18,722,093
880.5	$18,724,220
880.6	$18,726,346
880.7	$18,728,473
880.8	$18,730,600
880.9	$18,732,726
881.0	$18,734,853
881.1	$18,736,979
881.2	$18,739,106
881.3	$18,741,232
881.4	$18,743,359
881.5	$18,745,485
881.6	$18,747,612
881.7	$18,749,738
881.8	$18,751,865
881.9	$18,753,992
882.0	$18,756,118
882.1	$18,758,245
882.2	$18,760,371
882.3	$18,762,498
882.4	$18,764,624

Troy Pounds	USD Value
882.5	$18,766,751
882.6	$18,768,877
882.7	$18,771,004
882.8	$18,773,130
882.9	$18,775,257
883.0	$18,777,384
883.1	$18,779,510
883.2	$18,781,637
883.3	$18,783,763
883.4	$18,785,890
883.5	$18,788,016
883.6	$18,790,143
883.7	$18,792,269
883.8	$18,794,396
883.9	$18,796,522
884.0	$18,798,649
884.1	$18,800,776
884.2	$18,802,902
884.3	$18,805,029
884.4	$18,807,155
884.5	$18,809,282
884.6	$18,811,408
884.7	$18,813,535
884.8	$18,815,661
884.9	$18,817,788

Troy Pounds	USD Value
885.0	$18,819,914
885.1	$18,822,041
885.2	$18,824,167
885.3	$18,826,294
885.4	$18,828,421
885.5	$18,830,547
885.6	$18,832,674
885.7	$18,834,800
885.8	$18,836,927
885.9	$18,839,053
886.0	$18,841,180
886.1	$18,843,306
886.2	$18,845,433
886.3	$18,847,559
886.4	$18,849,686
886.5	$18,851,813
886.6	$18,853,939
886.7	$18,856,066
886.8	$18,858,192
886.9	$18,860,319
887.0	$18,862,445
887.1	$18,864,572
887.2	$18,866,698
887.3	$18,868,825
887.4	$18,870,951

Troy Pounds	USD Value
887.5	$18,873,078
887.6	$18,875,205
887.7	$18,877,331
887.8	$18,879,458
887.9	$18,881,584
888.0	$18,883,711
888.1	$18,885,837
888.2	$18,887,964
888.3	$18,890,090
888.4	$18,892,217
888.5	$18,894,343
888.6	$18,896,470
888.7	$18,898,597
888.8	$18,900,723
888.9	$18,902,850
889.0	$18,904,976
889.1	$18,907,103
889.2	$18,909,229
889.3	$18,911,356
889.4	$18,913,482
889.5	$18,915,609
889.6	$18,917,735
889.7	$18,919,862
889.8	$18,921,989
889.9	$18,924,115