The Troy Pound is a unit of weight traditionally used for measuring precious metals, gemstones, and other commodities. It is part of the Troy system, which originated in the Middle Ages and is still used today in the jewelry and precious metals industries. One Troy Pound is equivalent to approximately 373.24 grams. The Troy ounce, which is a smaller unit within the Troy system, is commonly used to measure gold, silver, and other precious metals. There are 12 Troy ounces in a Troy pound, making it distinct from the more commonly used avoirdupois pound, which has 16 ounces.