How many troy ounces are in a troy pound?
Troy weight Troy weight Troy weight is a system of units of mass customarily used for precious metals and gemstones. One troy ounce (abbreviated "t oz" or "oz t") is equal to exactly , (or about 1.0971 oz. avoirdupois, the "avoirdupois" ounce being the most common definition of an "ounce" in the US). There are only 12 troy ounces per troy pound, rather than the 16 ounces per pound found in the more common avoirdupois system. The avoirdupois pound has 7000 grains whereas the troy pound has only 5760 grains (i.e. 12 × 480 grains). Both systems use the same grain defined
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