troy ounce

  1. a unit of apothecary weight equal to 480 grains or one twelfth of a troy pound
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How To Use troy ounce In A Sentence

  • One ton of ore contains 29, 167 troy ounces and so use of an assay ton makes the math easy.
  • The specimen is estimated to contain 298 troy ounces of gold!
  • Gold bullion coins are usually sold as one troy ounce or in fractions of an ounce.
  • That is an average grade of 2.35 troy ounces per ton!
  • My personal estimate is that this might price monetary-reserve gold at somewhere between US $800 and US $1,000 a troy ounce; I may be underestimating the price, but the estimate illustrates the point.
  • I should say that troy ounces are a measure used only for precious metals.
  • The weight of gold is measured in Troy, with one Troy ounce of gold equivalent to 480 grains of wheat.
  • This week in Asian trading it briefly surpassed $500 a troy ounce - a level last breached in 1987.
  • The yellow metal was down $1.70 at $1,333.60 per troy ounce from the New York close on Tuesday. Asia Falls on China Rate Move
  • Gold had a glittering year, up nearly 6% to $452.85 a troy ounce at the end of November, as investors frightened by the dollar's slide scrambled to secure this so-called safe haven.
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