Recent Examples of troy from the Web
Prices recovered 4% to $846.30 a troy ounce Tuesday.
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.
Today’s stacks need only 10 grams (a third of a troy ounce) of platinum.
According to the World Gold Council, total gold stocks amount to approximately six billion troy ounces, or $7.3 trillion at today's price.
Gold for February delivery closed down 0.7% at $1,189.80, a troy ounce on the Comex division of the New York Mercantile Exchange.
Gold for June delivery was recently off 1.5% at $1,230 a troy ounce on the Comex division of the New York Mercantile Exchange, on track for the biggest loss since December.
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