Troy weight troy relates to a dialect word troi (balance). Then troy weight is a style of weighing, like auncel or bismar weights, or other kindred methods. The troy weight then refers to weighing of small precious or potent goods, such as bullion and medicines. Troy ounces are still often used in precious metal markets in countries that otherwise use International System of Units (SI), except in East Asia. The People's Bank of China, in particular, which has never historically used troy measurements, has begun issuing Gold Pandas minted according to SI weights. The troy pound is 5 760 grains (≈ 373.24
Cross of Gold speech proposed a monetary system based on bimetallism, in which the new currency would be equal to a given amount of gold, or a larger amount of silver; at the time a given weight of gold was worth about 15 times as much as the same amount of silver. Although Hamilton understood that adjustment might be needed from time to time as precious metal prices fluctuated, he believed that if the nation's unit of value were defined only by one of the two precious metals used for coins, the other would descend to the status of mere merchandise, unusable as a