HOW TO CONVERT GOLD WEIGHTS  & RATES

AVOIRDUPOIS (av) SYSTEM

  • POUND  (Lb)   &  OUNCE  (oz)
  • Used mainly in the U.S.A.
  • Inc ludes doctor's scales, kitchen scales & postal scales.
  • NOT normally used for precious metal transactions.

 

WHEN USING YOUR KITCHEN SCALE
multiply    oz av    X    0.912    to get     oz t   
multiply    oz av    X    18.23    to get     dwt  
multiply    oz av    X    28.35    to get     g                                                                                                       
WHEN USING YOUR GOLD SCALE
multiply     g     X     0.353          to get     oz av
multiply     g     X     0.64301    to get     dwt
multiply     g     X     0.03215    to get      oz t
"The most common abbreviation for pennyweight is "dwt"  The   "d ", for the Roman  denarius , was the abbreviation for penny  before the decimalization of the British monetary system."
CONVERT PAYMENT RATES
multiply   $ / g      X   1.555    to get      $ / dwt
multiply   $ / dwt     X   0.643     to get     $ / g

9K GOLD (37.5% gold)  •  10K GOLD (41.7% gold)  •  14K GOLD (58.3% gold)  •  18K GOLD (75.0% gold)  •  22K GOLD (91.7% gold)  •  24K GOLD (100.0% gold)

TROY (t) SYSTEM

  • OUNCES & PENNYWEIGHT
  • Abbreviated:  oz t  &  dwt
  • Used world-wide for precious metal transactions.
  • Used by refiners, markets, retailers, manufacturers, buyers, sellers & more.

 WHEN USING YOUR GOLD SCALE

multiply    oz t    X    1.097         to get    oz av

multiply    oz t    X     20               to get    dwt

multiply    oz t    X    31.1035    to get    g

multiply    dwt    X    0.055         to get    oz av

multiply    dwt    X    1.5555      to get    g

multiply    dwt    X     0.05           to get    oz t

CONFIRM SCALES ARE "LEGAL-FOR-TRADE"

METRIC (m) SYSTEM

  • KILOGRAMS (Kg)  & GRAMS (g)
  • Used world-wide for personal use but less so in the U.S.A.
  • Scientific applications world-wide
  • Frequently  used for precious metal transactions.