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How many grams are in a troy ounce of gold?

There are 31.1034807 grams in one troy ounce of gold. A troy ounce is a larger system of measurement for precious metals known as Troy weights. A regular ounce of gold is equal to 28.35 grams. How does the current gold price compare to historical gold prices?

How much does a troy ounce weigh?

A troy ounce is slightly heavier than a "regular" ounce, which weighs only 28 grams. How many ounces are in a kilogram of gold? There are 32.151 troy ounces in one kilogram of gold.

Can you sell a troy ounce of gold under spot?

Someone who is attempting to sell a troy ounce of gold under spot is likely selling a fake gold coin or gold bar. The spot price represents the value of the metal, but the premium is a necessity for the entire supply chain to stay in business. The premium pays for the mines, refiners, mints, and retailers to stay in business and make a profit.

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