System of measurement The same is true of quarts, gallons, etc. Six US gallons are a little less than five imperial gallons. The Avoirdupois system served as the general system of mass and weight. In addition to this there are the Troy and the Apothecaries' systems. Troy weight was customarily used for precious metals, black powder and gemstones. The troy ounce is the only unit of the system in current use; it is used for precious metals. Although the troy ounce is larger than its Avoirdupois equivalent, the pound is smaller. The obsolete troy pound was divided into 12 ounces, rather than the
Texas Precious Metals company maintained a business-to-business model serving the wholesale market, selling gold and silver bullion exclusively to coin shops and precious metals retailers. In May 2011, KTT purchased Texas Precious Metals outright from Saab & Company Inc., naming Tarek Saab as President of the new unit. Saab subsequently moved Texas Precious Metals into the consumer retail market. In 2014, Texas A&M University recognized Texas Precious Metals as a member of the 2014 Aggie 100 honoring the fastest-growing companies in the world, owned or operated by Texas A&M University former students. Texas Precious Metals was ranked #1 with a compound annual growth