oy vey
"A troy ounce is the standard unit of measurement for precious metals, weighing approximately 31.103 grams, while a standard ounce (avoirdupois ounce) used for general goods weighs approximately 28.349 grams.
Because the troy ounce is heavier, one troy ounce equals about 1.097 standard ounces, meaning it is roughly 10% more massive. This distinction is critical in precious metals trading, as the "ounce" quoted in gold or silver spot prices always refers to the heavier troy ounce."
wizard ⚡
npub18g…krtxw
2026-09-14 11:50:51 UTC
in reply to nevent1q…psxd
Author Public Key
npub18g96p3kkv8ym7p0ygadgkd8m7jt2wqpzecranux3kzt695vcvflqxkrtxwSeen on
wss://relay.momostr.pinkPublished at
2026-09-14 11:50:51 UTCEvent JSON
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"content": "oy vey\n\n\"A troy ounce is the standard unit of measurement for precious metals, weighing approximately 31.103 grams, while a standard ounce (avoirdupois ounce) used for general goods weighs approximately 28.349 grams. \n\nBecause the troy ounce is heavier, one troy ounce equals about 1.097 standard ounces, meaning it is roughly 10% more massive. This distinction is critical in precious metals trading, as the \"ounce\" quoted in gold or silver spot prices always refers to the heavier troy ounce.\"",
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