How to Calculate the Price of a Tola of Gold, a Tael of Gold or a Luong of Gold
Most enthusiasts of gold and silver in the USA and Europe know the gold and silver price by the troy ounce, perhaps even per gram however there is a huge chunk of the world ( well over 2 billion people) that use a completely different system for weighing gold and silver.
In the Indian subcontinent the Tola has been used for thousands of years and despite lengthy British rule the told is still widely used to measure gold or silver.
A tola contains 3/8ths of a troy ounce of gold so to calculate the price of a tola of gold simply multiply the current price of gold by 3/8.
For example gold today is 1730 an ounce.
3/8 x 1730 = $648.75
Tael is used in China and Hong Kong to measure both gold and silver. Tael is also recognized in many other Asian countries.
A tael contains 1.20308 troy ounces of gold so to calculate the current price of one tael of gold simply multiply the current price of gold by 1.20308.
Gold price live today is 1730 an ounce
1730*1.20308 = $2081.32
Luong is the unit by which gold and silver are measured in Vietnam. It is very similar to a tael but not quite the same measurement. One luong contains 1.20565 troy ounces of gold - so to find out the current price of one luong of gold simply multiply the current price of gold by 1.20565.
For example Gold today is 1730
One luong = 1730 * 1.20565= $2085
Tolas, Tael and Luong in Grams
To convert Tolas, Tael and Luong into grams simply multiply by 31.10347
1 Tola = 11.66 grams
1 Tael = 37.42 grams
1 Luong = 37.5 grams
Gold Price Live Widget
- Precious Metals Prices App
The precious metal prices app is a great gold and silver price calculator giving you live silver and gold price live straight to your phone in the currency and weight of your choice. As well as bullion prices, it gives you gold and silver coin prices
- Gold Price Live Widget
This gold price app gives you the gold and silver price live and is one of the best gold and silver price calculators in the app store. As well as live silver and online gold price this app has a portfolio tool for you to track all your gold and silv
- Gold Silver Rate Live
Get the Gold Silver Rate App for your phone and get the gold rate daily updated along with the silver price live. This app not only gives you the gold silver rate for bullion but also gold and silver coin prices, portfolio tool, live gold charts and
- Gold and Silver Price App
The gold and silver price app is designed for gold and silver investors, giving you live gold prices, gold and silver coin prices, a portfolio tool to track the value of your gold and silver assets as the market moves and much more.
- Silver and Gold Price
Live silver and gold price to your phone with gold market news, gold prices charts and more.
- Gold Spot Price App
Gold and Silver Spot Prices and many more gold market tools. One of the best gold calculators for buyers.
- Gold Prices Today
Get the Gold Prices today for all the latest gold market news and live gold and silver prices, as well as precious metals portfolio tool, gold prices charts tool.
- Scrap Gold Calculator - In Gold We Trust
Number 1 Scrap Gold Calculator for Coin, Bullion and Scrap Gold Prices. Get the Up to the Minute Coin Values, Gold Price per Gram, Silver Dollar Values and Prices on other Junk Silver Coins