What is 1 troy ounce of gold?
A troy ounce is an international unit of weight used specifically for precious metals such as gold, silver, and platinum. It is also expressed as "1 oz of gold." One troy ounce of gold is equal to 31.1035 grams of gold (rounded to 31.1 grams). This is not the same as one ounce of gold (28.35 grams).

