troyounce

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Understanding the Conversion of Ounces to Grams in Gold Measurements

What is an Ounce of Gold and How is it Measured? An ounce of gold is a unit of measurement commonly used in the gold industry to determine the weight of gold. It is equal to 28.35 grams and is often referred to as a troy ounce. The term “troy” refers to the system of measurement used by the precious…