![]() Understanding the difference between these measurements can stop some unnecessary stress. ![]() When their customers get home and get a chance to put their metals on the scale, they then realize they’re a few grams light. (1) They might quote items per kitchen ounces but sell them at the troy ounce price. Precious metals are never measured by the kitchen ounce.īefore new buyers can learn these standards, scammers try to take advantage of their naivety. The dealers and traders in the market would assume you know this. When you are buying gold, you are always going to have to measure by troy ounces. In this explainer, you’re going to learn the difference between troy ounces and other usual forms of measurement. ![]() However, if you are just getting into gold investing, you are already one step ahead by being proactive in your learning. If you are already a big buyer of gold and silver, you would know that being able to measure with troy ounces is an indispensable part of any trader’s knowledge base.
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