troy ounce

Gold weight unit

A troy ounce is a unit of weight used for precious metals and gemstones, equal to about 31.1 grams—slightly heavier than a standard (avoirdupois) ounce.

Gold and silver prices are quoted per troy ounce: Gold closed at $2,000 a troy ounce.

A troy pound contains twelve troy ounces, not sixteen.

purity

fineness

Purity or thinness measure

  • assayCompositional evaluation procedure
  • hallmarkDistinguishing characteristic or mark
  • karatGold purity unit

sterling · refining · purify · smelting · touchstone · acid test · certification · guarantee · standard · alloy

measurement

gram

Metric mass unit

scale · balance · weighing · mass · conversion · metric · apothecary · baht · mace

bullion

gold

Element seventy-nine

ingot · bar · bullion · stacking · hoard · reserve · commodity · investment · asset · wealth

minting

coin

Stamped metal currency

  • coinageInvented term or currency
  • mintAromatic culinary herb
  • dieStop being alive

stamp · planchet · mintage · striking · proof · Maple Leaf · Britannia · Buffalo · sovereign · numismatics

Categories
Opposites
measurement system for precious metals vs. common goods

troy ouncekilogram

Base unit of mass

pound

precision/specialized measurement vs. informal/approximate measurement

troy ouncehandful

Amount a palm holds

pinch · dollop

scale of precious metal measurement

troy ouncemetric ton

Thousand-kilogram mass unit

gold bar · troy pound · ingot

Family

ounce, troy weight, ounces

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G