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  • Gold Spot Price Per Ounce Today, Live Historical Charts ...

    The weight of gold is measured by troy ounce. Gold can be purchased by the gram, in ounces, or even by the kilo in the form of a gold brick. Since sizes vary from an oz to kilos, direct physical possession of gold is not required. Often this gold is stored in a safe, with a dealer, or at the bank or another facility.

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  • Ounce Wikipedia

    a fine ounce is a troy ounce of pure gold content in a gold bar, computed as fineness multiplied by gross weight; a standard ounce is a troy ounce of 22 carat gold, % pure (an 11 to 1 proportion of gold to alloy material) Metric ounces. Some countries have redefined their ounces in the metric system.

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  • What is a Troy Ounce?

    The troy ounce is the standard unit used to weigh precious metals like gold and silver. A troy ounce, when converted into grams, is equal to grams, which makes it heavier than the traditional ounce, equal to grams. Troy Ounce > Traditional Ounce.

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    Gold Bullion exists as Gold Bars (also known as ingots) and Gold Rounds (both plain and commemorative) of various sizes. Gold Rounds are usually struck like a coin in One Troy Ounce size, although smaller and larger sizes exist.

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  • Difference Between Ounce and Troy Ounce ...

    Apr 11, 2011· Ounce vs Troy Ounce . Ounce is a unit of measurement of weight and is used in many countries. Roughly equal to 28 grams, ounce is used in many systems but two more popular systems are avoirdupois ounce and troy ounce.

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