Pennyweight Troy weights were defined in such a way that the old Tower pound came out to exactly 5400 Troy grains (also known as barleycorns), the Tower pennyweight Troy grains (and thus approximately 1.46 grams). After 1527, the English pennyweight was the Troy pennyweight. of 24 Troy grains. Thus the Troy pound, ounce, and pennyweight, with their definitions given in terms of the Troy grain instead of in terms of the Tower grain, were 1/15 or 6.667% more than the Tower equivalents. The Troy pound and the pennyweight lost their official status in the United Kingdom in the Weights and Measures
Troy weight by the international yard and pound agreement of 1959 as . Therefore, the troy ounce is , compared with the avoirdupois ounce, which is 437.5 grains or approximately 28.35 grams. The troy ounce, then, is about 10% heavier (ratio 192/175) than the avoirdupois ounce. Although troy ounces are still used to weigh gold, silver, and gemstones, troy weight is no longer used in most other applications. One troy ounce of gold is denoted with the ISO 4217 currency code XAU, while one troy ounce of silver is denoted as XAG. Troy weight probably takes its name from the French market