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: expressed in troy weight

Example Sentences

Recent Examples on the Web Most actively traded gold futures for December delivery slid 1.7% to $1,944.70 a troy ounce on the Comex division of the New York Mercantile Exchange. Amrith Ramkumar, WSJ, 2 Sep. 2020 Front-month gold futures for delivery in June rose 0.6% to $1,756.70 a troy ounce on the Comex division of the New York Mercantile Exchange, closing just below their highest level since October 2012. Amrith Ramkumar, WSJ, 22 June 2020 Front-month silver futures advanced 2.5% to $17.892 a troy ounce Tuesday, extending a recent rally. Amrith Ramkumar, WSJ, 19 May 2020 During the classical gold standard era—from 1879 to 1914 in the US—one troy ounce of gold fetched $21. Gwynn Guilford, Quartz, 3 July 2019 The firm targets a $1,300 a troy ounce price for gold by year-end. Ira Iosebashvili, WSJ, 30 Apr. 2018 Prices recovered 4% to $846.30 a troy ounce Tuesday. Amrith Ramkumar, WSJ, 4 July 2018 Prices for gold, a popular destination for nervous investors, hit $1,342 a troy ounce Tuesday evening after economic adviser Gary Cohn’s resignation from the White House stoked worries about the impact of steel and aluminum tariffs on global growth. Ira Iosebashvili, WSJ, 7 Mar. 2018 Today’s stacks need only 10 grams (a third of a troy ounce) of platinum. The Economist, 25 Sep. 2017 See More

Word History

Etymology

Middle English troye, probably from Troyes, France

First Known Use

15th century, in the meaning defined above

Time Traveler
The first known use of troy was in the 15th century

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