What are Troy Pounds?
Troy pounds are a unit of measurement commonly used in the precious metals industry, particularly for weighing gold, silver, and other valuable metals.
One troy pound is equivalent to 12 troy ounces, which is slightly heavier than the avoirdupois pound commonly used in everyday measurements. The troy pound is often denoted by the symbol "lb t" to distinguish it from the avoirdupois pound.
What is a carat?
A metric carat is a unit of mass used to measure gemstones and pearls. One carat is equivalent to 200 milligrams or 0.2 grams. This unit is commonly used in the jewelry industry to determine the weight of precious stones such as diamonds, sapphires, and rubies. The carat weight of a gemstone is a crucial factor in determining its value and is often used in conjunction with other factors such as cut, color, and clarity to assess its overall quality.