How Much is 45 Pounds of Gold Worth?

What is the value of 45 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
Metal
45 Troy Pounds of Gold is Worth
U.S. dollars (USD)1,259,296
Euros (EUR)1,174,717
British pounds (GBP)1,006,438
Canadian dollars (CAD)1,722,017
Australian dollars (AUD)1,928,297
Market prices as of April 25, 2024
Is Gold a Good Store of Value?
For very long periods of time, yes, gold is an excellent store of value.
Before 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 Covid-19 and pension crises, it seems likely that gold will continue to hold its value well.
Value of All the Gold in the World
According to Wikipedia, there were 201,296 metric tons of gold above ground as of 2020.
With a current price of $2,332 per troy ounce, this means that all the gold in the world is worth $15.1 trillion.
Value of Gold Mined per Year
In the year 2022, the world mined about 3,300 metric tons of gold, adding about 1.6% to the world supply. At current prices, this gold would be worth $247 billion.
Nearby Results
Troy Pounds USD Value
45.00 $1,259,296
45.01 $1,259,576
45.02 $1,259,856
45.03 $1,260,136
45.04 $1,260,416
45.05 $1,260,695
45.06 $1,260,975
45.07 $1,261,255
45.08 $1,261,535
45.09 $1,261,815
45.10 $1,262,095
45.11 $1,262,374
45.12 $1,262,654
45.13 $1,262,934
45.14 $1,263,214
45.15 $1,263,494
45.16 $1,263,774
45.17 $1,264,054
45.18 $1,264,333
45.19 $1,264,613
45.20 $1,264,893
45.21 $1,265,173
45.22 $1,265,453
45.23 $1,265,733
45.24 $1,266,012
45.25 $1,266,292
45.26 $1,266,572
45.27 $1,266,852
45.28 $1,267,132
45.29 $1,267,412
45.30 $1,267,692
45.31 $1,267,971
45.32 $1,268,251
45.33 $1,268,531
Troy Pounds USD Value
45.34 $1,268,811
45.35 $1,269,091
45.36 $1,269,371
45.37 $1,269,650
45.38 $1,269,930
45.39 $1,270,210
45.40 $1,270,490
45.41 $1,270,770
45.42 $1,271,050
45.43 $1,271,329
45.44 $1,271,609
45.45 $1,271,889
45.46 $1,272,169
45.47 $1,272,449
45.48 $1,272,729
45.49 $1,273,009
45.50 $1,273,288
45.51 $1,273,568
45.52 $1,273,848
45.53 $1,274,128
45.54 $1,274,408
45.55 $1,274,688
45.56 $1,274,967
45.57 $1,275,247
45.58 $1,275,527
45.59 $1,275,807
45.60 $1,276,087
45.61 $1,276,367
45.62 $1,276,647
45.63 $1,276,926
45.64 $1,277,206
45.65 $1,277,486
45.66 $1,277,766
45.67 $1,278,046
Troy Pounds USD Value
45.68 $1,278,326
45.69 $1,278,605
45.70 $1,278,885
45.71 $1,279,165
45.72 $1,279,445
45.73 $1,279,725
45.74 $1,280,005
45.75 $1,280,284
45.76 $1,280,564
45.77 $1,280,844
45.78 $1,281,124
45.79 $1,281,404
45.80 $1,281,684
45.81 $1,281,964
45.82 $1,282,243
45.83 $1,282,523
45.84 $1,282,803
45.85 $1,283,083
45.86 $1,283,363
45.87 $1,283,643
45.88 $1,283,922
45.89 $1,284,202
45.90 $1,284,482
45.91 $1,284,762
45.92 $1,285,042
45.93 $1,285,322
45.94 $1,285,601
45.95 $1,285,881
45.96 $1,286,161
45.97 $1,286,441
45.98 $1,286,721
45.99 $1,287,001