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<p>[QUOTE="Collecting Nut, post: 26207273, member: 74863"]There are 31.1034768 grams in an ounce of gold to be precise. This can be confusing for those of us who are used to the standard ounce (or kitchen ounce) which weighs 28.35g. That is because there are in fact two types of ounce - the ‘troy’ ounce and the ‘avoirdupois’ ounce.</p><p><br /></p><p>The <a href="https://www.bullionbypost.com/index/gold/what-is-a-troy-ounce/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bullionbypost.com/index/gold/what-is-a-troy-ounce/" rel="nofollow">troy ounce </a>is the one most commonly used in the world of precious metals, and is the default unit of weight when measuring gold, silver, and platinum. It is often used in reference to the <a href="https://www.bullionbypost.com/gold-price/gold-price-today/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bullionbypost.com/gold-price/gold-price-today/" rel="nofollow">gold price </a>which is usually quoted in pounds, dollars, or euros per troy ounce.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 26207273, member: 74863"]There are 31.1034768 grams in an ounce of gold to be precise. This can be confusing for those of us who are used to the standard ounce (or kitchen ounce) which weighs 28.35g. That is because there are in fact two types of ounce - the ‘troy’ ounce and the ‘avoirdupois’ ounce. The [URL='https://www.bullionbypost.com/index/gold/what-is-a-troy-ounce/']troy ounce [/URL]is the one most commonly used in the world of precious metals, and is the default unit of weight when measuring gold, silver, and platinum. It is often used in reference to the [URL='https://www.bullionbypost.com/gold-price/gold-price-today/']gold price [/URL]which is usually quoted in pounds, dollars, or euros per troy ounce.[/QUOTE]
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