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RE: Troy Ounces, what is it?

in LeoFinance2 years ago

Not so complex, my friend. The American Gold Eagle's composition is 91.67% gold, 3% silver, and the balance copper . It weighs more than 1 troy ounce at 1.0909 troy ounces (33.931 g). The same is true for the smaller sizes: the 1/2 ounce contains 0.5000 gold troy ounce and weighs 0.5455 troy ounce (16.966 g), the 1/4 oz contains 0.2500 gold troy ounce and weighs 0.2727 troy ounce (8.483 g).; the 1/10 oz contains 0.1000 gold troy ounce and weighs 0.1091 troy ounce (3.393 g).