The current spot buying price for gold bullion is US$811.15 dollars per troy ounce (23/12/2007)
The lowest standard for gold in the UK is 375 fine or 9 carat gold. 1 troy pound of 9 carat gold contains 4.5 troy ounces of pure gold.
Todays spot price for 1 troy pound of 9 carat gold (4.5 oz troy pure gold) = $3650.00 US dollars.
True gold leaf is usually between 18 and 24 carat gold depending on the intended use. 1 troy pound of 18ct gold contains 9 troy ounces of pure gold. or $7300.00 US. 1 troy pound of pure gold (24ct) current spot price = $9733.00 US
While I can not and will not comment as to the quality of the products being sold I will leave it to your imagination and good sense.
The chances that anyone would sell gold of any quality at $990.95 US for 1 troy pound (12 troy ounces) is remote in the extreme.