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A possible source of confusion is that gold is often priced on the open market in the more traditional troy ounce (one troy ounce is exactly 31.1034768 grams, which is larger than the avoirdupois ounce generally in use in the United States and has a mass of 28.35 grams).
The only troy weight in widespread use is the British Imperial troy ounce and its American counterpart. Both are based on a grain of 0.06479891 gram (exact, by definition), with 480 grains to a troy ounce (compared with 437 + 1 ⁄ 2 grains for an ounce avoirdupois). The British Empire abolished the 12-ounce troy pound in the 19th century.
The gram (originally gramme; [1] SI unit symbol g) is a unit of mass in the International System of Units (SI) equal to one thousandth of a kilogram.. Originally defined as of 1795 as "the absolute weight of a volume of pure water equal to the cube of the hundredth part of a metre [1 cm 3], and at the temperature of melting ice", [2] the defining temperature (≈0 °C) was later changed to 4 ...
1/4 imp gal or 40 imp fl oz 1.0 imp qt (1,100 ml; 38 US fl oz) imperial pint: imppt imp pt 1/8 imp gal or 20 imp fl oz 1.0 imp pt (0.57 L) imperial fluid ounce: impoz (impfloz) imp fl oz 1/160 imp gal 1.0 imp fl oz (28 ml; 0.96 US fl oz) impoz USoz; impoz U.S.oz; impoz ml; impoz mL; US customary liquid measure: US barrel: USbbl US bbl
The original mercantile pound of 25 shillings or 15 (Tower) ounces was displaced by, variously, the pound of the Hanseatic League (16 tower ounces) and by the pound of the then-important wool trade (16 ounces of 437 grains). A new pound of 7,680 grains was inadvertently created as 16 troy ounces, referring to the new troy rather than the old ...
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A US fluid ounce is 1 / 16 of a US pint (about 1·04 UK fluid ounces or 29.6 mL); a UK fluid ounce is 1 / 20 of a UK pint (about 0·96 US fluid ounce or 28.4 mL). On a larger scale, perhaps for institutional cookery, a UK gallon is 8 UK pints (160 UK fluid ounces; about 1·2 US gallons or 4.546 litres), whereas the US gallon is ...
The tola (Hindi: तोला / Urdu: تولا, romanized: tolā; also transliterated as tolah or tole) is a traditional Ancient Indian and South Asian unit of mass, now standardised as 180 grains (11.6638038 grams) or exactly 3 ⁄ 8 troy ounce.