Recent Examples on the WebMost actively traded gold futures for December delivery slid 1.7% to $1,944.70 a troy ounce on the Comex division of the New York Mercantile Exchange. Amrith Ramkumar, WSJ, 2 Sep. 2020 Front-month gold futures for delivery in June rose 0.6% to $1,756.70 a troy ounce on the Comex division of the New York Mercantile Exchange, closing just below their highest level since October 2012. Amrith Ramkumar, WSJ, 22 June 2020 Front-month silver futures advanced 2.5% to $17.892 a troy ounce Tuesday, extending a recent rally. Amrith Ramkumar, WSJ, 19 May 2020 During the classical gold standard era—from 1879 to 1914 in the US—one troy ounce of gold fetched $21. Gwynn Guilford, Quartz, 3 July 2019 The firm targets a $1,300 a troy ounce price for gold by year-end. Ira Iosebashvili, WSJ, 30 Apr. 2018 Prices recovered 4% to $846.30 a troy ounce Tuesday. Amrith Ramkumar, WSJ, 4 July 2018 Prices for gold, a popular destination for nervous investors, hit $1,342 a troy ounce Tuesday evening after economic adviser Gary Cohn’s resignation from the White House stoked worries about the impact of steel and aluminum tariffs on global growth. Ira Iosebashvili, WSJ, 7 Mar. 2018 Today’s stacks need only 10 grams (a third of a troy ounce) of platinum.The Economist, 25 Sep. 2017 See More
Word History
Etymology
Middle English troye, probably from Troyes, France
First Known Use
15th century, in the meaning defined above
Phrases Containing troy
troy weight
troy weight
Medical Definition
troy
adjective
ˈtrȯi
: expressed in troy weight
a troy ounce
Geographical Definition
Troy
geographical name
ˈtrȯi
1
or Ilium
ˈi-lē-əm
or Troja
ˈtrō-jə
-yə
ancient city in northwestern Asia Minor in Troas southwest of the Dardanelles see also trojanentry 1 sense 1
2
city in southeastern Michigan north of Detroit population 80,980
3
city in eastern New York on the Hudson River north-northeast of Albany population 50,129