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wholesale jewelry denver colorado
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us wholesale jewelry manufacturers It's not a gold unit. For gold investments, we often encounter conversion between measuring units, such as how many grams of gold is equal to one or two gold, how many grams of gold, etc. Among them, "money" and "two" belong to the heavy unit in China, which are not universal internationally, and different ages have different systems in different times.
It, let's discuss how many grams of gold is equal to the money, how much grams of gold is equal to one or two.
The spot gold
The money is the oldest measurement unit in China. Before liberation, the weight was calculated based on the system of 1 catties equal to 16 two and 1 two equal to 10 money. Many merchants are still using such a system. The calculation of the system can be calculated as follows:
1 catties is equivalent to 500 grams;
1 catties = 16 two;
So 1 1 1 Two = 500/16 = 31.25 grams;
1 two = 10 money;
So 1 money = 31.25/10 = 3.125 grams.
The standard is 500 grams = 1 catties = 10 two = 100 yuan, so 1 money = 5 grams, one or two = 50 grams.
The should also be pointed out that in the restructuring of 1929 and 1959, the measurement of traditional Chinese medicine was treated as an exception, and the old system still remained unchanged. In this way, from the Ming Dynasty to 1979, the correct formula for money to be converted to grams should be 595 ÷ 16 ÷ 10, 1 money is about 3.72 grams. After many changes in the ancient quantity system, it was only stable after the Ming Dynasty, and the change was smaller. A pound was basically about 595G. Until 1929, the measurement reform was implemented, and the old 595G pound was changed to 500g and one pound.
The algorithm on the market now is equal to 3.125 grams. If you buy jewelry gold, the algorithm of one gram is international gold quotation process fees.
If the algorithm invested in gold, the mainland is 1 money = 5 grams; in Hong Kong, 1 money = 3.73 grams; the international is generally an ode unit, 1 ounce = 31.1035 grams.