Future digital currency to gold conversion
Today's international gold price is about 1285 US dollars an ounce (28.350 grams), equivalent to 279 US dollars per gram in RMB
In fact, there are different understandings on gold. And it's different from place to place. Sima, a gold merchant in Taiwan, said that one or two is equal to 31.25 grams, while one or two in Hong Kong is equal to 37.5 grams. For example, there are Chow Tai Fook stores in mainland China, which are based on the standard of Hong Kong. That is, 37.5g
extended data:
before liberation, a kilo is equal to 16 Liang, which is the so-called "half weight". One or two of these is 31.25g, which was used as a reserve by the Central Bank of the Republic of China before 1949. The gold bars of five cities, namely "large yellow croaker", weigh about 158g (31.25 x 5), and the fineness is 991.0. The gold bars are engraved with the head of Sun Yat Sen, with the words "made by the Central Mint" and the words "weight
quantity, fineness, number, etc. on the back. One city two gold bars, namely "small yellow croaker", weigh about 31 grams, the fineness is 991.0
in China's measurement system, there are two kinds of weight measurement: metric system and municipal system. One kilogram in metric system is 1000 grams, which is also equal to two kilos in municipal system, so one kilogram in municipal system is equal to 500 grams
according to the old scale 16 Liang system, the old scale 1 jin is 16 Liang, so 1 liang is: 500 / 16 = 31.25 (g); Old scale 1 liang is equal to 10 money, so old scale 1 money is: 31.25/10 = 3.125 (g)
according to the system of ten taels of new scale, one taels of new scale is 10 taels, so one taels is: 500 / 10 = 50 (g); The new scale 1 liang is equal to 10 yuan, so the new scale 1 yuan is: 50 / 10 = 5 (g)
back to your question, how many grams is 0.787 liang
for the old scale 16 two systems: 0.787 (two) × 25 = 24. 59375 (g)
if it is a new scale with 10 two systems: 0.787 (two) × 50 = 39.35 (g)
at present, in the market transaction, the "two" and "money" of the old scale 16 two systems are only used in gold jewelry transaction and traditional Chinese medicine formula, and not all gold stores and traditional Chinese medicine stores use them, so you must make it clear in the transaction, confusion will cause certain economic losses
source of reference:
Network gold conversion
before liberation, one Jin was equal to 16 Liang, which is the so-called "half weight eight Liang". One or two of these is 31.25g, which was used as a reserve by the Central Bank of the Republic of China before 1949. 5. Two gold bars, namely "big yellow croaker", weigh about 158g (31.25 x 5).
Taiwan: 1 liang = 31.25g = 10 yuan
Hong Kong: 1 liang = 37.5g = 10 yuan
the conversion formula is:
gold price of RMB = international gold price * exchange rate of US dollar to RMB / 31.1035
response time: October 21, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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like paper gold,
if it is settled in US dollars and needs to be converted into RMB,
calculate the exchange rate.
if it is calculated in ounces, it can be converted into grams
1 oz = 31.1035 g
12 oz = 1 lbs LB
"Oz" is the international gold unit of measurement
one ounce is equivalent to one or two of the old weights and measures (16 Liang is a Jin) of our country.
in the old days, the gold received by banks according to the old weights and measures system should be converted into 1.0047 ounces, that is to say, 1 liang is a little more than 1 oz. Under the new system of weights and measures, one ounce is equal to 31.1039 grams, or 0.622 liang of the kilogram system
just convert it. The current exchange rate of RMB to us dollar is good.
20k=20*4.166%=83.320%(833)18KGB />500x500 34k jpg
21k=21*4.166%=87.486%(875)
22k=22*4.166%=91.652%(916)
24k=24*4.166%=99.984%(999)