Troy ounce ↔ baht-weight
1 troy oz = 31.1034768 g ≈ 2.04 baht-weight bullion
World gold markets price in troy ounces (oz t), while Thailand prices in baht-weight. Converting between the two is the first step in comparing Thai gold prices to international spot. Use the calculator below, or check the reference table.
Calculator
Convert troy ounce ↔ baht-weight
Reference
Common weights
| Troy ounce | Baht-weight (bullion) | Grams |
|---|---|---|
| 1 | 2.0404 | 31.1035 g |
| 2 | 4.0808 | 62.207 g |
| 5 | 10.2021 | 155.5174 g |
| 10 | 20.4042 | 311.0348 g |
| 32.15 | 65.6033 | 1,000 g |
| 100 | 204.0417 | 3,110.3477 g |
FAQ
- Why troy ounce instead of regular ounce?
- International gold and silver trading uses troy ounce (31.1034768 g) as the standard, distinct from the avoirdupois ounce (28.3495 g) used for everyday goods. Every major gold price feed (LBMA, COMEX) quotes in troy ounce.
- If world gold is $2,400/oz t, what should the Thai price be?
- $2,400 × 2.04 (baht per troy oz) × USD/THB rate ≈ Thai bullion price per 1 baht-weight. At USD/THB 36, that's $2,400 × 2.04 × 36 ≈ ฿176,256 / baht-weight. Actual Thai prices include import premium and storage cost (typically 2–5% above the math).