Source: https://mochatrade.com/learn/glossary/troy-ounce

# Troy ounce
URL: https://mochatrade.com/learn/glossary/troy-ounce
Last modified: 2026-10-17

A troy ounce is 31.1035 grams, the unit gold, silver, platinum and palladium are priced in, about 10% heavier than an ordinary ounce. MCX quotes gold per 10 grams, so a dollar price becomes an Indian one through ounces to grams and dollars to rupees; [Module 2 shows every step](https://mochatrade.com/learn). [Metals on Mochatrade](https://mochatrade.com/support/what-can-i-trade-on-mochatrade).

## Related terms

- Platinum: https://mochatrade.com/learn/glossary/platinum
- Palladium: https://mochatrade.com/learn/glossary/palladium
- Silver futures: https://mochatrade.com/learn/glossary/silver-futures
- Gold/silver ratio: https://mochatrade.com/learn/glossary/gold-silver-ratio
- Commodity trading: https://mochatrade.com/learn/glossary/commodity-trading
- Pre-IPO stocks: https://mochatrade.com/learn/glossary/pre-ipo-stocks

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.