In this article, we'll be deciphering the distinction between a Troy Ounce and a Standard Ounce. This is a crucial piece of knowledge for newcomers in the realm of precious metal investment and collection, as these two measurement units are not interchangeable. The troy ounce, unlike the common ounce used for items like food, has been specifically standardized for international trade and transactions involving gold and silver.

Understanding the Distinction Between an Ounce and a Troy Ounce

A troy ounce has an additional 2.75 grams compared to a standard ounce. When placed on a typical scale, it appears around 10% heavier than the standard measure. More precisely, a standard ounce equates to 28.35 grams, while a troy ounce weighs in at 31.1 grams. Further, one kilogram is equivalent to 32.1507 troy ounces.

Why is this Distinction Significant?

Understanding this distinction is crucial since some vendors may create the illusion of a better bargain by selling their products in standard ounces rather than troy ounces. Falling for this subtle deception could result in substantial financial losses, particularly for bulk purchases. That's why at Au Bullion, we ensure clarity by listing all our products in troy ounces. If you encounter a product listed in standard ounces, you should be sure to convert it accordingly.