1 ounce gold is equal to 31 grams or 28 grams?

Gold metering unit

Gold is an important precious metal that is widely used in jewelry production, investment and currency reserves.Internationally, two different measurement units are commonly used to represent the weight of gold: ounces (OUNCE) and Gram.However, there are some controversy for how much grams of 1 ounce of gold in different regions and occasions.

1 ounce is equal to 31. grams

In international standards, 1 ounce is defined as 31. grams.This value is determined and accepted by the International Metals Association (LBMA).According to this standard, if you have 1 ounce of gold, the actual weight should be 31. grams.

Historical confusion

However, in some areas or specific circumstances, people may use another value to represent the weight of 1 ounce of gold -28 grams.This confusion may originate from the usual habits or misunderstandings of the measurement unit in the old period.

Market price and actual weight

Based on 31. grams or 28 grams, it cannot change the gold content represented by the actual market price.Therefore, when buying or selling gold, it is important to ensure that the measured unit and the corresponding conversion relationship are clearly understood.

in conclusion

In summary, in international standards, 1 ounce gold is equal to 31. grams; but in some cases, it may also be treated as 28 grams.Understand and confirm the specific specifications and standards adopted can avoid transaction ** or loss due to misunderstanding.

For more details, please consult relevant authorities or professionals to obtain the latest data and suggestions.