1 Ounce = 0.0625 (1/16) Pound
Ounce is an imperial and U.S. customary mass unit. Troy ounce is used for the measurement of precious metals, gold, silver etc. The abbreviation is "oz".
Pound is a unit of mass in imperial and U.S. customary systems. It's defined as 0.45359237 kilograms. The abbreviations are "lb", "lbs".
