How many ounces in one pound of gold?

Answer 1

1 lb = 16.0000 oz

This is incorrect because the question was how many ounces in a pound of GOLD. Gold is 12 oz per pound, avdp. Troy weight is for precious metals and therefore 16ozs. is not correct.

Answer 2

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.

Answer 3

There are 16 ounces in one pound of gold.