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How Much Is 1 Troy Ounce Of Gold Worth

Firsttime precious metals buyers are often confused by the difference between a troy ounce ozt and a regular ounce, especially when their 100 oz silver bar actually weighs 6 lbs on the scale instead of 6 lbsid they receive more silver than they paid for the answer lies in an antiquated system of measurement still used today for precious metals known as troy weights.