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    Now that we have done the correct conversion, lets talk money! Today (8-3-2011) the price of gold is at $1,637.50 USD per troy ounce.* 1 troy ounce of pure gold = $1,637.50 USD* 1 gram of pure gold = $52.65* 1 milligram of pure gold = $0.05* 14 milligrams of pure gold = $0.74* As you can tell, 14 milligrams of gold is small.

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