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Troy Ounces facts

While investigating facts about Troy Ounces To Grams and Troy Ounces To Pounds, I found out little known, but curios details like:

The largest gold nugget ever found weighed gross, over 2,520 troy ounces (78 kg; 173 lb) and returned over 2,284 troy ounces (71.0 kg; 156.6 lb) net.

how troy ounces in a pound?

The Bretton Woods Currency plan after ww2 made the dollar the most important currency and fixed a troy ounce of gold at 35 dollars giving the U.S. 100% control of the worlds gold reserves, by the time Nixon ended the conversion the U.S. controlled only 22% of the world's gold reserve

What is 10 troy ounces of silver worth?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is 5 troy ounces of silver worth. Here are 6 of the best facts about Troy Ounces To Kg and Troy Ounces To Kilograms I managed to collect.

what are troy ounces?

  1. There are different kinds of ounces. Ounces as we know them are called avoirdupois, where measurements used for precious metals are called Troy ounces.

  2. The Avoirdupois ounce is lighter than the Troy ounce, but the Avoirdupois pound is heavier than the Troy pound

  3. The North American standard ounce is known by trade as the ounce avoirdupois, to differentiate it from the troy and imperial ounces

  4. One ounce of a precious metal(S)/gemstone(s) weighs more than one ounce of anything else. These are measured using Troy weight and not Avoirdupois weight.

troy ounces facts
What are troy ounces traditionally used to measure?

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