USD $4,394.70 −0.82% US Dollar, 4,394.70 per Troy Ounce, Down 0.82 percent today
EUR €3,797.77 −0.82% Euro, 3,797.77 per Troy Ounce, Down 0.82 percent today
GBP £3,245.41 −0.82% British Pound, 3,245.41 per Troy Ounce, Down 0.82 percent today
AED د.إ16,139.54 −0.82% UAE Dirham, 16,139.54 per Troy Ounce, Down 0.82 percent today
SAR ﷼16,480.13 −0.82% Saudi Riyal, 16,480.13 per Troy Ounce, Down 0.82 percent today
INR ₹420,179 −0.82% Indian Rupee, 420,179 per Troy Ounce, Down 0.82 percent today
PKR ₨1,220,207 −0.82% Pakistani Rupee, 1,220,207 per Troy Ounce, Down 0.82 percent today
JPY ¥699,656 −0.82% Japanese Yen, 699,656 per Troy Ounce, Down 0.82 percent today
CNY ¥29,658.30 −0.82% Chinese Yuan, 29,658.30 per Troy Ounce, Down 0.82 percent today
AUD A$6,203.84 −0.82% Australian Dollar, 6,203.84 per Troy Ounce, Down 0.82 percent today
CAD C$6,096.75 −0.82% Canadian Dollar, 6,096.75 per Troy Ounce, Down 0.82 percent today
CHF CHF3,571.45 −0.82% Swiss Franc, 3,571.45 per Troy Ounce, Down 0.82 percent today
TRY ₺210,438 −0.82% Turkish Lira, 210,438 per Troy Ounce, Down 0.82 percent today

USD $4,394.70 −0.82% US Dollar, 4,394.70 per Troy Ounce, Down 0.82 percent today
EUR €3,797.77 −0.82% Euro, 3,797.77 per Troy Ounce, Down 0.82 percent today
GBP £3,245.41 −0.82% British Pound, 3,245.41 per Troy Ounce, Down 0.82 percent today
AED د.إ16,139.54 −0.82% UAE Dirham, 16,139.54 per Troy Ounce, Down 0.82 percent today
SAR ﷼16,480.13 −0.82% Saudi Riyal, 16,480.13 per Troy Ounce, Down 0.82 percent today
INR ₹420,179 −0.82% Indian Rupee, 420,179 per Troy Ounce, Down 0.82 percent today
PKR ₨1,220,207 −0.82% Pakistani Rupee, 1,220,207 per Troy Ounce, Down 0.82 percent today
JPY ¥699,656 −0.82% Japanese Yen, 699,656 per Troy Ounce, Down 0.82 percent today
CNY ¥29,658.30 −0.82% Chinese Yuan, 29,658.30 per Troy Ounce, Down 0.82 percent today
AUD A$6,203.84 −0.82% Australian Dollar, 6,203.84 per Troy Ounce, Down 0.82 percent today
CAD C$6,096.75 −0.82% Canadian Dollar, 6,096.75 per Troy Ounce, Down 0.82 percent today
CHF CHF3,571.45 −0.82% Swiss Franc, 3,571.45 per Troy Ounce, Down 0.82 percent today
TRY ₺210,438 −0.82% Turkish Lira, 210,438 per Troy Ounce, Down 0.82 percent today

Tagged: weight

Explainers 17 Aug 2026 5 min read

Why Gold Is Quoted in Troy Ounces

Gold is quoted in troy ounces, a unit of weight with origins in medieval France, not the same as the ounce used for everyday goods.