boulos parent
Note: gold uses troy ounces, so adjust by ~10%. It's easier to just use grams or kilograms :).
Thanks, I'm a bit new to this entire concept. Do troy lbs also exist, or is that just a term when measuring ounces?
yes, there are troy pounds, they are 12 troy ounces (not 16 ounces, like normal (avoirdupois) pounds)
https://en.wikipedia.org/wiki/Troy_weight
180 avoirdupois pounds is 2,625 ounces troy. The gold price is around $2470/ounce troy today, so $2470*2625 ~= $6.483 million