16 ounces converts to 14.583 troy ounces.
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Avoirdupois . . . 16 ounces Troy or Apothecary . . . 12 ounces
Since troy ounces are a different measure from standard ounces, you would need about 14.583 troy ounces to equal one pound (16 avoirdupois ounces).
There are 16 ounces in a pound.For weighing dry items, 16 ounces (avoirdupois) = 1 poundFor precious metals, there are 12 troy ounces to the troy pound.(1 troy ounce = 1.1 avoirdupois ounces, and a pound of gold is 14 7/12 troy ounces)*The separate unit fluid ounce is a measure of volume: there are 16 fluid ounces to the pint in the US; and 20 fluid ounces to the pint in the UK.
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".
There are 12 troy ounces in one troy pound.