What is the value of a 1986 troy ounce of silver?

Answer According to data from the United States Geological Survey, the average price of a troy ounce of silver in 1986 was $5.47. The price represented a dip in the historical value, as the 1985 average p... Read More »

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What is the Value of 1 Troy Ounce of Silver?

Precious metals are quoted in troy ounces, and a May 2010 quote for silver was about $17.65 USD. Prices vary due to supply and demand. One "troy" ounce is the equivalent of about 31.1 grams, while ... Read More »

Differences Between an Ounce and a Troy Ounce?

When weighing items, is an ounce or troy ounce used? "Webster's New World Finance and Investment Dictionary" says to use ounces to measure volume in pounds or cups. Use troy ounces to weigh precio... Read More »

What does troy ounce mean?

Troy ounces are the standard measure used in the sale of precious metals and coins. A troy ounce is about 10 percent heavier than the ounce used for weighing everyday items such as food and drinks,... Read More »

How much is a troy ounce?

The troy ounce is slightly heavier than the common ounce, with 1 troy oz. weighing 1.097 oz. This measurement traditionally is used for weighting precious metals such as gold, silver and platinum.S... Read More »