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The troy pound (lb t) consists of twelve troy ounces [15] and thus is 5 760 grains (373.241 72 grams). (An avoirdupois pound is approximately 21.53% heavier at 7 000 grains ( 453.592 37 grams), and consists of sixteen avoirdupois ounces).
A troy ounce (abbreviated oz t) is equal to 480 grains. Consequently, the international troy ounce is equal to exactly 31.1034768 grams. There are 12 troy ounces in the now obsolete troy pound. Today, the troy ounce is used only to express the mass of precious metals such as gold, platinum, palladium, rhodium or silver.
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 ...
A pennyweight (dwt) is a unit of mass equal to 24 grains, 1 ⁄ 20 of a troy ounce, 1 ⁄ 240 of a troy pound, approximately 0.054857 avoirdupois ounce [1] and exactly 1.55517384 grams. [2] It is abbreviated dwt, d standing for denarius – (an ancient Roman coin), and later used as the symbol of an old British penny (see £sd).
See Weight for detail of mass/weight distinction and conversion. Avoirdupois is a system of mass based on a pound of 16 ounces, while Troy weight is the system of mass where 12 troy ounces equals one troy pound. The symbol g 0 is used to denote standard gravity in order to avoid confusion with the (upright) g symbol for gram.
A troy pound (abbreviated lb t [26]) is equal to 12 troy ounces and to 5,760 grains, that is exactly 373.241 7216 grams. [27] Troy weights were used in England by jewellers. Apothecaries also used the troy pound and ounce, but added the drachms and scruples unit in the apothecaries' system of weights.
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This system does not measure mass, it measures weight (as the name implies). For example, an item which measures 1 troy ounce on earth will not measure 1 troy ounce on the moon or in free space (because an ounce measures weight). By comparison, 1 gram of a substance will measure 1 gram everywhere in the universe (because it measures mass).