What is Troy ounce?
Stocks, funds & commoditiesThe unit for weighing precious metals: 31.1 grams, a little heavier than an ordinary ounce (28.35 grams).
Think of it like: The gold market's own unit of weight, roughly as heavy as a slice of bread.
Real example: When gold first passed $4,000 an ounce in October 2025, that was about $129 per gram.
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