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Category: Gram Gold

What is a Troy Ounce?

  A troy ounce is a weighting unit for precious metals that has been used since the Middle Ages. One troy ounce weighs 31.1034768 grammes and was first used in Troyes, France, according to the U.K. Royal Mint. A standard ounce weighs slightly less, 28.35 grammes, and is used to measure things like sugar and grain. To…

What is gold mining?

  Geologists collect ore samples to identify the ideal locations for businesses to mine as the first step in the process. The mining process can start once mining experts have determined where the gold is and what materials are around it. If the gold is found near to the surface, open-pit mining methods are used…

Zimbabwe tackles rising prices with gold

How Zimbabwe tackles rising prices with gold !   In recent years, many countries worldwide have been seeing drastic inflation rates due to several global, international, and national factors. The pandemic had a significant impact on the world’s economy including unemployment rates soaring, businesses struggling, and much more. With prices rising worldwide, people are struggling…