Monday, 31 August 2009

Gold Troy Ounce explained , A Troy Ounce is more than an ounce

How can a Troy Ounce be more than an ounce ?

Precious metals such as gold and silver are often sold by the troy ounce.

Many people don’t realize that an ounce of gold (and other precious metals) is weighed in a different weighing system called "troy weights".

A troy ounce is more than the typical ounce found at the grocery store.
In many English speaking countries there are two systems for measuring weight.
One, for precious metals, called the troy ounce.

The other is for Commodities such as sugar, grains, and the typical grocery items. It is called the avoirdupois ounce.

Saturday, 29 August 2009

What Is a Gold Troy Ounce

Troy weight is a system of units of mass customarily used for precious metals, black powder, and gemstones.
Named after Troyes, France, the troy system of weights was known to exist in medieval times, at the celebrated fair at Troyes in North Eastern France.

One cubic inch of distilled water, at 62 °F (17 °C), and at a barometric pressure of 30 inches f mercury, was determined to weigh 252.458 troy grains

Thursday, 27 August 2009

Gold Troy Ounce

Welcome to the Gold Troy Ounce site!

This blog will help you to learn all the tips and tricks to helping you to Gold Troy Ounce.