I want to know the answer to the following question:
How much was 1 troy ounce of gold worth?
All the background I'm provided with is that "The Gold Standard Act of 1900 abandoned the bimetallic standard and defined the dollar as 23.22 grains (1.505 g) of gold, equivalent to setting the price of 1 troy ounce of gold at $20.67.". Is that enough to answer the question?
Answer: yes