How to calculate the cost of gold per pound? Use following tool, Enter the gold cost and gold weight into the calculator to find the cost per pound.

**What is Gold Cost Per Pound?**

Gold Cost Per Pound helps determine the price of gold based on its weight. This is important for buyers and sellers to assess the value of their gold accurately.

### How to Use the Calculator

**Enter Gold Cost ($):**Type the total cost of the gold. For example,`5000`

.**Enter Gold Weight (lbs):**Input the weight of the gold in pounds. For example,`2`

.**Calculate Gold Cost Per Pound:**Click “Calculate” to find the cost per pound.

### Formula

The formula to calculate the gold cost per pound is:

`$\text{GCP}=\frac{\text{TGC}}{\text{GW}}$`

**Variables**

Variable | Description |
---|---|

GCP | Gold Cost Per Pound ($/lb) |

TGC | Total Gold Cost ($) |

GW | Gold Weight (lbs) |

### How To calculate Gold Cost Per Pound ?

**Example 1**

**Input:**

- Gold Cost = $5000,
- Gold Weight = 2 lbs

**Calculation:**

$\text{GCP}=\frac{5000}{2}$

`Use the formula:`

`Divide 5000 by 2`

`Result: GCP = $2`

500/lb

**Example 2**

**Input:**

- Gold Cost = $7500,
- Gold Weight = 3 lbs

**Calculation:**

$\text{GCP}=\frac{7500}{3}$Use the

`formula:`

`Divide 7500 by 3`

`Result: GCP = $`

2500/lb

Thank you for using our tool.