Buyers & Refiners of Gold, Silver, Platinum, Palladium, Dental & Electronic Scrap

123 Precious Metal Refining, LLC
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1-888-939-0123


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GOLD
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Please use the charts shown below to help with any conversion or melting questions you may have:
We do not refine or accept materials from outside the USA.
We also do not accept Catalytic Converters.
Every Customer is as precious
to us as a nugget of gold was
to the old time miner.
Troy System
Metric conversions to Troy
1 gram .03215 troy ounce
1 gram .642 penny weights
1.5517 grams 1 pennyweight (dwt)
31.1035 grams 1 troy ounce
1000 grams 1 kilogram
1 kilogram 32.15076 troy ounces
1 pennyweight .05 troy ounces
20 pennyweight 1 troy ounce
14.5833 troy ounces 1 lb. avoir/American wt.
12 troy ounces 1 troy pound
Melting Points of
Precious Metals
 
°F
°C
Gold 24k
1945
1063
Gold 18k
1700
927
Gold 14k
1615
879
Gold 10k
1665
907
Silver Pure
1761
961
Sterling Silver
1640
893
Coin Silver
1615
879
Platinum
3224
1773
Palladium
2831
1555
What is a Troy Ounce?

A troy ounce is the unit of weight traditionally used for precious metals such as platinum.

1 troy ounce = 0.0311 kilograms
32.1507 troy ounces = 1 kilogram

The troy ounce differs from the more common ounce (oz) used in the U.K. and U.S.A., being slightly heavier, with 1 troy ounce = 1.097 oz.

The troy system of weight is named after the city of Troyes in France, and was widely used in Europe during the Middle Ages. It fell into disuse when other systems began to be preferred, continuing to be used in the highly specialized field of precious metals, gems and medicines, up to the nineteenth century. Today it is only used for the trading of precious metals and gemstones.