Admin: Created page with "A '''gold gram''' is the amount of value represented by exactly one gram of gold. It is a unit of account frequently used for digital gold currencies. It is so..."

2019-05-27T03:23:00Z

Created page with "A '''gold gram''' is the amount of value represented by exactly one gram of gold. It is a unit of account frequently used for digital gold currencies. It is so..."

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A '''gold gram''' is the amount of value represented by exactly one [[gram]] of [[gold]]. It is a [[unit of account]] frequently used for [[digital gold currencies]]. It is sometimes denoted by the symbol "gg", "AUG", or "GAU".

A milligram of gold is sometimes referred to as a mil or mgg. Therefore, 1 AUG = 1 gg = 1000 mgg = 1000 mil, and 1 mil = 1 mgg = 0.001 gg = 0.001 AUG. This allows gold holdings and transfers to take place in tiny fractions of a gram (equivalent to a few [[Cent (currency)|cents]])

A possible source of confusion is that gold is often priced on the open market in the more traditional [[troy ounce]] (one troy ounce is exactly 31.1034768 grams, which is larger than the [[avoirdupois]] ounce generally in use in the [[United States]] and has a mass of 28.35 grams). Kilogram gold prices are commonly used by the Zurich Gold Pool where 1,000 kilograms = one [[metric tonne]].

==Source==

[http://wikipedia.org/ http://wikipedia.org/]
==See Also on BitcoinWiki==
* [[Glass Coin]]
* [[USERVICE]]
* [[BitHashMiner]]
* [[Sx/Stealth]]
* [[Trendercoin]]

Gold gram - Revision history

Admin: Created page with "A '''gold gram''' is the amount of value represented by exactly one gram of gold. It is a unit of account frequently used for digital gold currencies. It is so..."