troy ounce

A “troy ounce” is a unit of measurement commonly used to weigh precious metals like gold, silver, platinum, and palladium. Unlike the standard ounce (avoirdupois ounce) used for most other goods, a troy ounce is slightly heavier, equivalent to approximately 31.1035 grams. This measurement is essential for investors, jewelers, and collectors when buying or selling precious metals, ensuring standardized and accurate transactions. Use this tag for posts related to precious metal weights, bullion trading, and investment discussions.