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To: xzins

Gold is in Troy ounces. 12 to a pound not 16


38 posted on 12/17/2016 5:43:24 PM PST by DesertRhino
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To: DesertRhino

Easier to just use metric @ $36,574.66/kg.


40 posted on 12/17/2016 5:48:22 PM PST by FredZarguna (And what Rough Beast, Its hour come 'round at last slouches toward Fifth Avenue to be born?)
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To: DesertRhino

Is there a troy ton?

Or is this a 2000 lb ton?


42 posted on 12/17/2016 5:50:29 PM PST by xzins (Lord Jesus Christ, Son of God, have mercy on me, a sinner.)
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To: DesertRhino; PeaceBeWithYou
12 troy ounces is a TROY pound.

The troy pound is 5,760 grains (≈ 373.24 g, 12 oz t), while an avoirdupois pound is approximately 21.53% heavier at 7,000 grains (≈ 453.59 g).

49 posted on 12/17/2016 5:57:45 PM PST by null and void ( If you defy federal law, we deny federal funds.)
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