What are Troy Ounces?
Troy ounces are a unit of measurement commonly used in the precious metals industry, particularly for weighing gold, silver, and other precious metals.
One troy ounce is equivalent to approximately 31.1035 grams, which is slightly heavier than a standard avoirdupois ounce. The term "troy" originates from the city of Troyes in France, where this unit of measurement was historically used in the trade of precious metals.
There are two types of hundredweights
There are two types of hundredweights; long and short.
Long hundredweights, also known as the imperial hundredweight, are a unit of measurement commonly used in the United Kingdom and other countries that follow the imperial system. One long hundredweight is equal to 112 pounds or approximately 50.802 kilograms. This unit is often used in trade and commerce for measuring heavy goods such as livestock, grain, and building materials.
Short hundredweights, also known as the net hundredweight, are a unit of measurement commonly used in the United States. One short hundredweight is equal to 100 pounds. This unit is often used in agriculture and trade to measure bulk goods such as grains, produce, and other commodities. Short hundredweights are denoted by the symbol "cwt" and are frequently used in the United States to simplify calculations and transactions involving large quantities of goods.