troy ounce :
- n a unit of apothecary weight equal to 480 grains or one twelfth of a pound
News & Articles
- Gold buyers paying $217 premium over spot in Vietnam
The Vietnamese Central Bank sold another 25,700 taels (37.5 grams, 1.2 troy ounces) at a gold bar auction on Friday to try and satiate the massive public demand for gold in Vietnam.
June 17, 2013 - Resource Investor