Today to measure the weight of precious and precious metals, there are several different systems.We used to use the program.And on exchanges abroad often used troy ounce.The system weight is perhaps the oldest and still accurate today.What it is, how it differs from the usual, and how to translate it into our usual programs - it is just and will be discussed in this article.
troy ounce: Provenance
In the old means of delivery and movement were very primitive, and therefore did not make sense to engage in the delivery of goods to order.In addition, at that time there was no date advertising technologies.Instead, in medieval Europe acted Fair Centre, which were brought from different places all sorts of goods.It was here at certain times of year, merchants from all over Europe got to know what's new, you need to buy and sell goods brought with them.
Beginning in 1150 the most popular European fairs were those that took place in the province of Champagne (France).It was the center of Troyes, whose name is consonant with the ancient Greek city of Troy, though between them and there was something in common.Once, in the days of the Roman Empire, there lived a tribe trikassi, and it is from his name and takes the name of Troyes.In the 13th century, a very rich and famous fairs, organizers and therefore strictly controlled trade to prevent frauds visiting merchants.In particular, they saw to it that the system of measurement and weighing of goods was correct and fair.So there was a troy ounce.Now it is very often used in the US and the UK to measure the weight of precious metals, drugs and cosmetics.
troy ounce in the system of weights and measures
This unit corresponds to one twelfth of a pound of gold coin of England.One troy ounce of gold in grams corresponds to 31.1034768.Represented by this unit because: TR.OZ.or ozt.Do not confuse it with the "ordinary" ounce (oz or designated as uncia), which is equal to 28.349523125 was easy to see that last for about 9% lighter.Troy ounce is included in the so-called troy system where in addition it includes such a unit weight as Troy Grand equal to 64.79891 mg (1/480 TR.OZ.), and troy pound, amounting 373.2417216 grams (12 TR.OZ.).Regarding the latter, it is rarely used.He has another name - the British pound gold coin, and it is different in size from the "standard" pound equal to 453.59237 of the Grand Prix But Troy is used much more often, mostly in medicine and trade, which is why it is calledtrade or Aptekarsky faces.If there is no handy calculator to convert units of troy system in the "normal" can use the online calculator, and if that has to do often - install on your phone the appropriate application.
troy ounce of gold in modern trade
In carrying out bank accounts with the value of the unit made it to round up to 1/1000.Thus, in practice the use value of 31,103 grams (sometimes 31.1035).At the stock exchange, this measure is referred to as gold XAU, palladium - XPD, Silver - XAG and platinum - XPT.
