So how do we do this conversion?
The gold traded in the European and American markets is measured in Troy ounce, which is different from the daily use of the European and American weight and measure unit, the Troy ounce is a unit of measurement dedicated to gold and other commodities, its conversion is as follows: 1.
1 Troy ounce =1.0971428 Troy ounce =31.1034807 g 1 Troy ounce =28.3495 g 2.
The Sima is a unit of measurement currently used in the gold market in Hong Kong: its conversion is as follows: 1 sima =1.203354 Kinsai ounce =37.42849791 grams 1 Sima =1.197713 taels (16 systems)1 Sima =0.74857 taels (10 systems)3.
The city system unit is a common unit of measurement in our gold market, mainly catties and two kinds, its conversion is as follows: 1 city catties =10 two 1 two =1.607536 gold scale plate division =50 grams 4.
Tora Tora is a special unit of gold trading measurement, which is mainly used in the gold markets of New Delhi, Karachi, Mumbai and other cities in South Asia.
The conversion is as follows: 1 tora =0.375 Troy ounces =11.6638 grams 6.
Cao Ping two units were used as the units of measurement for gold transactions in old China.
Cao PING TWO ARE STEELYARD SYSTEM UNITS IN THE LATE Ming AND EARLY QING DYNASTIES, THEIR CONVERSION IS AS FOLLOWS: 1 JIN =16 CAO PING TWO AND 1 CAO PING TWO = L.O4 “JIN HENG YI = 31.24997809G 7.
Before the founding of the People’s Republic of China, THERE was A GOLD TRANSACTION measurement unit called ONE, which was translated as follows: ONE set =70 CAO Ping 2 =4.375 JIN above is THE introduction of “international and domestic gold”, please pay attention to the GOLD INVESTMENT network for more gold knowledge!