Do gold’s ounce and gram prices go up according to each other? Or they're independent?
I want to know if gold’s oz and gram prices go up at the same time. Or gram price may stay stable while oz price goes up.
Thanks
Jean Louis, Since 2009, trader, buyer, seller of scrap and recycled gold
Gold troy ounce is a measure for weight, just as the gram is measure for weight. One troy ounce is 31.1034768 grams.
Do their prices go together up and down? Of course that they go, they move together proportionally.
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