Note that these are all troy ounces not the sort of ounces you normally weigh stuff in in the US.
A troy ounce ins about 1.1 of a regular ounce, but you only need 12 of them to get a troy pound.
This means that a troy ounce is more than a regular ounce, but a troy pound is less than a regular pound.
Online calculators and the like are usually smart enough to automatically assume that you mean troy when talk about the worth of an ounce of gold, but it helps to double check.
To avoid confusion you say things like "1oz t" instead of "1 oz" when talking about precious metals.
ganymede_boy on May 4th, 2021 at 14:21 UTC »
USD Per Ounce:
Aluminum: $0.07564
Titanium: $5.75
Copper: $0.28
Nickel: $0.51
Silver: $26.54
Gold: $1,771.00
F00lZer0 on May 4th, 2021 at 14:28 UTC »
No platinum?
Loki-L on May 4th, 2021 at 15:46 UTC »
Note that these are all troy ounces not the sort of ounces you normally weigh stuff in in the US.
A troy ounce ins about 1.1 of a regular ounce, but you only need 12 of them to get a troy pound.
This means that a troy ounce is more than a regular ounce, but a troy pound is less than a regular pound.
Online calculators and the like are usually smart enough to automatically assume that you mean troy when talk about the worth of an ounce of gold, but it helps to double check.
To avoid confusion you say things like "1oz t" instead of "1 oz" when talking about precious metals.