Troy Ounce
The standard unit of weight for precious metals, equal to 31.1034768 grams. It originates from the medieval trading fairs held in Troyes, northern France, and is distinct from the avoirdupois ounce (28.35 g).
Related articles
Why Is the Good Delivery Standard Important for Gold Investors?
The quality and authenticity of gold are paramount, especially for investors. The Good Delivery standard plays a significant role in this regard and offers numerous advantages. In this article we explain why the Good Delivery standard matters for gold investors and how it safeguards the security and value of their investment.
16 July 2024
1 Troy Ounce of Gold in Grams: Why Accurate Measurement Matters
Find out how many grams are in 1 troy ounce of gold. Discover why precise gold measurement is essential in trading, investing, and jewellery making. Accurate data and frequently asked questions about gold weight.
8 July 2024
Inventory Audit at Our Swiss Vault Partner
A photo report from the Goldtresor inventory audit. The physical backing of Goldtresor silver accounts is held in Good Delivery silver bars, each weighing approximately 1,000 troy ounces (31.103 kg).
18 April 2023
