The price of gold hit an all-time high this week, driving the price of a standard gold bar up to $1 million for the first time ever. A typical gold bar as we think of it weighs in at 400 Troy ounces, ...
A troy ounce is a specialized unit of weight used primarily for measuring precious metals such as gold, silver, platinum, and palladium. Weighing 31.1035 grams, it is slightly heavier than the ...