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What is a ‘Troy Ounce’?

A troy ounce is the weight in which gold is traded, it is equivalent to 31.1035g. The price of gold is taken as the price of one troy ounce in dollars...

14 April 2021

Martin Cozens

A troy ounce is the weight in which gold is traded, it is equivalent to 31.1035g. The price of gold is taken as the price of one troy ounce in dollars.

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