What are Troy Ounces?
A troy ounce is the unit gold, silver and platinum prices are quoted in. It is about 10% heavier than an avoirdupois ounce, but a troy pound has only 12 of them.
One troy ounce is equivalent to approximately 31.1035 grams, which is about 10% 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 are pounds?
Pounds are an imperial unit of weight normally used in the United States but can be found in use in the United Kingdom and Ireland as well. One pound is equal to 0.4536 kilograms.
We provide several conversion calculators from pounds on this site including the most popular: pounds to kilograms.
Note that pounds are normally referring to avoirdupois pounds. This should not be confused with Troy pounds which is used almost exclusively to measure precious metals.