<P> 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". </P> <P> 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 cents) </P>

How many grams to the ounce in gold