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View Full Version : What is DWT?


Lori0062
Jan 30, 2008, 09:43 AM
I have scrap gold, could someone explain What DWT is exactly when dealing with scrap gold?

twinkiedooter
Jan 30, 2008, 01:25 PM
There are approximately 14.5 troy ounces in an avoirdupois pound. Precious metals are always quoted in troy ounces (31.1 grams), as apposed to the standard avoirdupois ounce of 28 grams.

DWT means Dead Weight Tonnage. I don't think you have that much scrap gold.

tgd156
Apr 19, 2008, 06:04 AM
DWT is an abbreviation for Pennyweight, which is 1/20 of an ounce. It is also abbreviated by PWT, but DWT is the more common.

Alicia eramo
Jun 27, 2012, 06:41 AM
In June what was 1,5 oz oc gold selling for

Alicia eramo
Jun 27, 2012, 06:43 AM
In June of this year what was gold selling for ? Is was 1,5 oz