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
Precious metal the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold. Gold and silver, and sometimes other precious metals, are often seen as hedges against both inflation and economic downturn. Silver coins have become popular with collectors due to their relative affordability, and, unlike most gold and platinum issues which are valued based upon the markets, silver issues are more often valued as collectibles,