Troy Ounce


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Troy Ounce

A unit used to measure the mass of precious metals. It is equal in weight to 31.1034768 grams.
References in periodicals archive ?
Danichek said when he first started working at the pawnshop, the price of gold was around $350 to $400 per troy ounce and the shop gave out $3 to $4 per gram of gold.
As a result, Klapwijk noted that he would not be surprised to see if gold breaks through $1600 a troy ounce before the end of the year.
On July 11, the Associated Press listed the price of gold at $940.90 a troy ounce. And while the price did dip to the mid-$800 dollar mark, the price still flirts with the $1,000 troy ounce threshold.
Gold prices fluctuated between USD1,196.20 a troy ounce and USD1,199.80 a troy ounce.
Reduction of gold prices became the most discussed issue in April 2013, although analysts of leading banks and global funds projected record level of $1,800-1,900 per troy ounce by the end of 2013, according to the Government's forecast of socio-economic development of Kyrgyzstan in 2014-2016.
Which South African coin contains one troy ounce of gold?
Metals in $ per troy ounce: Gold 420.30 (down 2.70) .........Silver 6.99 (down 0.03) .........Platinum 865.00 (down 6.06) .........UK base lending rate 4.75pc
Elsewhere in commodities trading, Brent oil for delivery in August rose 0.16percent or 0.10 to hit $64.55 a barrel, while the August Gold Futures contract fell 0.32percent or 4.45 to trade at $1392.45 a troy ounce.
Gold futures to be delivered in February rose 0.11% to USD1,236 a troy ounce in Asia, on the Comex division of the New York Mercantile Exchange (NYMEX).
Last night the pound was worth: $1.6288(down 0.0014)...1.4340 euros (down 0.0057) ...188.66 yen (down 5.45) ...Its trade weighted index was 99.90 (down 0.10) Metals in $ per troy ounce: Gold 344.75(up 0.25)........Silver 4.82 (down 0.02)........Platinum 684.00 (down 8.00) ........UK base lending rate 3.50pc ........STAFFat Swiss Life UK's Liverpool base are being kept in the dark over the future of the company.
The yellow metal's prices hit a day low of US $1,318.20 per troy ounce and high of US $1,340.70 per troy ounce.
Last night the pound was worth: $1.6345(down 0.0066) .....1.3916 euros (up 0.0087) .....186.12 yen (up 0.17).....Its trade weighted index was 97.60 (down 0.10) Metals in $ per troy ounce: Gold 365.55(down 1.20).......Silver 4.65(up 0.02).......Platinum 672.50 (down 16.50).......UK base lending rate 3.75pc .......NEW YORK,10pm: THE Dow Jones closed up 11.77,at 8,793.12.The Nasdaq rose 6.55, to 1,563.24; theStandard & Poor's 500 rose1.74, to 953.22.