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.
What is a carat?
A metric carat is a unit of mass used to measure gemstones and pearls. One carat is equivalent to 200 milligrams or 0.2 grams. This unit is commonly used in the jewelry industry to determine the weight of precious stones such as diamonds, sapphires, and rubies. The carat weight of a gemstone is a crucial factor in determining its value and is often used in conjunction with other factors such as cut, color, and clarity to assess its overall quality.
