The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...
When measuring valuable metals, you should use the troy ounce instead of the avoirdupois ounce. This difference is very important for knowing how to measure gold. The troy ounce has a long past that ...
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