XE Currency FAQ
You list your precious metal rates in ounces. Are those Troy or Avoirdupois ounces?
Answer
Troy Ounces. Troy Ounces are the standard of measure for precious metals and gemstones all around the world. Avoirdupois ounces are used for pretty much everything else, and are the "normal" ounces with which most people are familiar.
AD
Live Currency Rates
Forex News
- Fed's Bullard-drop in jobless a step closer to QE exit threshold
- TREASURIES-Yields fall as job growth lags expectations
- How Effective Leverage Affects Forex Profitability
- CFTC probing Treasury futures trading that led to halt at CME
- WRAPUP 5-U.S. hiring slows in July but jobless rate falls to 4-yr low
- Greek civil aviation workers call strike against layoffs