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Gold and other precious metals are usually weighed in the Troy weight system. The system used in the US is called the avoirdupois weight system or (avdp) where sixteen ounces equals one pound. A pound (avdp) is equal to 1.21528338 Troy pounds. One Troy ounce of gold weighs 1.0971377 ounce (avdp) and there are 12 Troy ounces in one Troy pound and only 0.822853347 pounds (avdp) in a Troy pound. Be extremely careful when you buy gold by the Ton to always know that both you and the seller are talking the same measurement short long or metric Ton. It could be an expensive error.
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How many ounces in pound of gold?
A pound of gold weighs 14.583 troy ounces. This answer is correct only if you mean an avoirdupois pound. A troy pound (used for precious metals) is 12 troy ounces. If you ask how many troy ounces are in a pound, you would normally mean a troy pound unless you specify another type of measure - there are several different difinitions for the measure "pound".
How many ounces in one pound?
There are 16 ounces in one pound.
One pound is how many onces?
There are sixteen ounces in a pound.
How many ounces in a pound weight?
There are 16 weight ounces in one weight pound.
How many ounces are in a pound of gold?
1 troy ounce = 31,103 476 8 grams = 0,083 329 32 pound troy
