How much gold is in a Goldback note?
Gold at Spot - 1 Goldback 1/1000 oz 24K Gold Foil Aurum Note (Random State)
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Open Dec 11, 2024 - 12:38 PM
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Answer
Dec 11, 2024 - 12:38 PM
A Goldback note contains a precise amount of gold measured in troy ounces, with each denomination having a specific gold content. For example, a 1 Goldback note contains 1/1,000th of a troy ounce of gold, while higher denominations contain proportionately more gold.
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