Cryptocurrency Q&A
What is troy gold?
What is troy gold?
SolitudeEcho
Sun Oct 27 2024
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6 answers
1804
I heard about troy gold and I'm curious to know more about it. Could someone explain what troy gold is and its background or origin? I'm particularly interested in its historical significance and how it's different from regular gold.
6 answers
WhisperWind
Tue Oct 29 2024
The troy ounce serves as a standard unit for weighing and pricing precious metals.
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Carlo
Tue Oct 29 2024
Among the metals that use the troy ounce are gold, platinum, palladium, and silver.
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MysticMoon
Tue Oct 29 2024
These metals are highly valued for their rarity and industrial applications.
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JessicaMiller
Mon Oct 28 2024
Specifically, a troy ounce is equivalent to 480 grains.
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Margherita
Mon Oct 28 2024
This conversion allows for precise measurements in the precious metals market.
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