Detailed Definition
The troy ounce is the standard unit of measurement for precious metals in global markets. One troy ounce is equivalent to exactly 31.1034768 grams, which is heavier than a standard (avoirdupois) ounce.
The troy ounce is the standard unit of measurement for precious metals in global markets. One troy ounce is equivalent to exactly 31.1034768 grams, which is heavier than a standard (avoirdupois) ounce.