troy ounces

Gold bar units

Troy ounces is the standard unit for measuring precious metals like gold, silver, and platinum.

A troy ounce is slightly heavier than a regular (avoirdupois) ounce—about 31.1 grams versus 28.3 grams.

When gold prices are quoted per ounce, the troy ounce is meant: Gold closed at $2,000 per troy ounce.

Related

gold bar · silver · silver bullion · assay · platinum · bullion · measurements · electrum · ducats · refining · precious metals · gold standard · karats · pennyweight · mint · ingot · rare coins · coin collector

Categories
Opposites
measurement system

troy ounceskilograms

Metric mass units

pounds · grams · grains · carats · metric units

precision and value context

troy ouncespinches

Tiny measured quantities

handfuls

Family

troy, ounce, ounces, Trojan

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