What a Gold Rate Actually Buys
A rate is meaningless without a purity and a unit. 22K at a 24K rate overpays by 9.09%, and one tola is…
Works out the pure gold content of a piece from its gross weight and karat, in grams, tola and troy ounces.
Pure gold content of a piece from its gross weight and karat, in grams, tola and troy ounces.
| The formula | pure gold = gross weight × karat ÷ 24 |
|---|---|
| 1 tola of 22K | 10.692 g of gold from 11.664 g gross |
| 1 tola | exactly 0.375 troy ounces — 180 troy grains |
| Troy ounce | 31.1034768 g, not the 28.35 g kitchen ounce |
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Karat, fineness and percentage are definitional and never change. Everything involving money depends on the rate, the charges and the deduction you enter — none of which are stored on this site, because they move constantly. Hallmarking law and the legal minimum karat differ by country; check your national assay office before relying on a stamp.
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