Gold Price Per Pound Today
As of November 13, 2026, the gold price is $56,612.19 per pound, down 0.04% over the past 24 hours. That converts from a spot price of $3,881.99 per troy ounce, the benchmark unit gold is quoted in on global exchanges.
Live value of one avoirdupois pound (453.59 grams) of pure gold, converted from the spot price in real time. One pound holds 14.58 troy ounces of gold.
US dollars per pound
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$56,417.27 to $57,223.71Est. dealer bid/ask
$56,414.05 / $56,810.33All-Time High
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Gold value by weight
- 1 pound is 453.592 grams, or 14.5833 troy ounces.
- Price per pound = price per troy ounce × 14.5833.
- At the latest spot price of $3,881.99 per troy ounce, that's $56,612 per pound.
| Size | Weight | Gold value |
|---|---|---|
| 1 lb | 14.58 troy oz | $56,612 |
| 2 lb | 29.17 troy oz | $113,224 |
| 5 lb | 72.92 troy oz | $283,061 |
| 10 lb | 145.8 troy oz | $566,122 |
Data Methodology
Where does this price data come from?
How is the gold spot price determined?
How is the unit conversion calculated?
When are precious metals markets open?
Understanding Gold Priced by the Pound
Gold markets quote prices in troy ounces, and no exchange or dealer quotes gold by the pound. People still ask what a pound is worth, usually to size up an inheritance or to picture how much a given amount of money buys. The pound on a bathroom or postal scale is the avoirdupois pound of 453.592 grams, and it holds 14.5833 troy ounces.
The mistake to avoid is multiplying the ounce price by 16. A pound has 16 everyday (avoirdupois) ounces of 28.35 grams each, but gold is priced per troy ounce of 31.1035 grams. Using 16 overstates a pound of gold by almost 10%.
There is also a troy pound of 12 troy ounces (373.24 grams). It is a historical unit that today's gold market does not use, and it is the source of the old riddle that a pound of feathers weighs more than a pound of gold. The figures on this page use the everyday 453.592 gram pound.
The price above is for pure (24K) gold. Jewelry and scrap are alloys, so multiply the per-pound price by the purity: 0.75 for 18K gold, for example. Our gold calculator does that for any karat and weight.
Data provided by MetalCharts, a free precious metals tracking platform offering real-time prices, interactive charts, historical data, and portfolio tools for gold, silver, platinum, palladium, and copper. Prices sourced from major global exchanges including COMEX, LBMA, and LME, updated continuously during market hours.
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