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Government mints produce gold bullion coins to standardized weights (typically one troy ounce), with strict purity requirements and legal tender status in their home country.—Sharon Wu, USA Today, 25 Mar. 2026 The metal hit $5,000 a troy ounce for the first time in January.—John Towfighi, CNN Money, 20 Mar. 2026 The spot price of gold fell by 4.5% a troy ounce on a day when it normally would have been expected go up.—Aldo Svaldi, Denver Post, 4 Mar. 2026 The price for a troy ounce of gold shot above $5,400 overnight before settling back in the $5,300 range by Monday afternoon.—Sarah Agostino, CNBC, 2 Mar. 2026 Pinkjojo/Getty Images Gold's recent record-breaking price rally, fueled by central bank accumulation, dollar uncertainty and stubborn inflation, has made a full troy ounce of gold a serious financial commitment for most people.—Matt Richardson, CBS News, 27 Feb. 2026 Since the initial rate hike in 2022, the price of gold has skyrocketed, increasing by more than 150% to hit a record-breaking $5,000 per troy ounce last month.—Sasha Rogelberg, Fortune, 11 Feb. 2026 Gold reached a record $5,500 per troy ounce on Thursday, nearly double its $2,800 value from a year ago, according to spot price data from Kitco.—Maliya Ellis, Houston Chronicle, 1 Feb. 2026 Over time, fiscal policies have created a sharp divergence in total purchasing power between $1 and a troy ounce of gold.—Marc Guberti, Sacramento Bee, 26 Feb. 2025
Word History
Etymology
Middle English troye, probably from Troyes, France