troy ounce


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Noun1.troy ounce - a unit of apothecary weight equal to 480 grains or one twelfth of a pound
troy unit - any of the unit of the troy system of weights
apothecaries' unit, apothecaries' weight - any weight unit used in pharmacy; an ounce is equal to 480 grains and a pound is equal to 12 ounces
pennyweight - a unit of apothecary weight equal to 24 grains
drachm, drachma, dram - a unit of apothecary weight equal to an eighth of an ounce or to 60 grains
apothecaries' pound, troy pound - an apothecary weight equal to 12 ounces or 373.242 grams
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References in periodicals archive ?
Harvard Assets 855-428-5578 Canadian Silver Maple Bullion Coin - Quick Facts and Brief History Type Silver Bullion (Investment) Mintage Each year since 1988 by the Royal Canadian Mint Weights / Denominations 1 Troy Ounce of 99.
It said the average gold price during the half year was PS791 per troy ounce, although by the middle of August it said this had fallen to PS717 per troy ounce, which will reduce sales from pawnbroking scrap during the second half of the year.
The gold price amounted to $1,179 per troy ounce on December 23, 2014, Tazabek reported referring to analysts of Kitco.
60 a troy ounce during European morning trade, an increase of 0.
dollar value of one troy ounce, the EM gold contract is one-tenth the size of that yardstick and involves a lesser opening margin requisite.
Interestingly, one troy ounce of gold in Roman Britain 2,000 years ago would buy products valued at one troy ounce of gold because it always kept its retrievable value.
Trading Unit for the contract is 10 Troy Ounces and the price quotation is in US dollars per troy ounce while the P/L and Margins are in Rupees.
The gold will be transacted in units of Troy Ounce (31.
per troy ounce and an exchange ratio of $1 (Canadian) equals $1 (U.
In our February article, A golden opportunity, we reported that gold and platinum could reach as much as US$1500 a troy ounce, however UBS actually says that its gold forecast stands at US$1250 a troy ounce for the next 12 months with peak levels at US$1300 a troy ounce.
dollars per gold troy ounce between January 1990 and April 2009.
The dollar demand for gold spiked to more than $1,000 per troy ounce in the first quarter of 2008, representing a 20 percent increase over that time last year and more than double the level of four years earlier, according to the London-based World Gold Council.