What Is the Meaning of a Gold Ounce?

Answer A "gold ounce" is one troy ounce of elemental or pure gold. A troy ounce weighs 31.103 grams, compared to 28.348 grams for a standard ounce. Troy ounces are used to measure precious metals and gems... Read More »

Top Q&A For: What Is the Meaning of a Gold Ounce

How big is one ounce of gold?

A one-ounce gold bullion coin such as the U.S. gold eagle contains alloys; the size is thus larger than if it was pure gold. One-ounce gold bars are usually 99.9 percent pure, and 1 5/8 inches by 1... Read More »

How big is an ounce of gold flecks?

Gold is measured in troy ounces, which are 10% heavier than ounces. The density of gold is 10.18 troy ounces per cubic inch. One troy ounce of gold flakes, compacted to the smallest size, would f... Read More »

What is gold worth per ounce?

The value of gold fluctuates throughout the day and can rise and fall sharply over a period of months or even weeks. However, the price reached record highs in the 2000s and, as of May 2010, consis... Read More »

How many grams in a ounce of gold?

Gold and other precious metals are typically measured in troy ounces rather than the more commonly used avoirdupois ounce. One troy ounce is equal to about 31.10 grams. One avoirdupois ounce equals... Read More »