What is the price of one tola gold?
Between $4500-$4750 for 24Kt gold.
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Units of Measure Supervisor
About 2.7 Indian tola to troy ounce, and about 2.5 Pakistani tola to a troy ounce.
The price of gold fluctuates on a daily basis. In 2012 the price of gold ranged from approximately $1570 an ounce to as much as $1795 an ounce. The price of gold on January …3, 2012 was $1598 and on December 27, 2012 it was $1655.50 (MORE)
Every website got gold price chart.In that chart people can find out spot gold price instantly. This is the easiest and convenient way to get price of gold.
Investing in gold can be accomplished in a variety of ways. In addition to directly owning physical gold, investors can invest in gold through the use of various financial in…struments. (MORE)
The IRS allows a self-directed IRA to invest in certain types of precious metals in both coin and bullion form. Some investors believe that holding precious metals is an inte…gral part of portfolio allocation. (MORE)
In 2011, Canada offered its version of a gold quarter. Called cougar gold coins because of the cougar face on the front, these coins are smaller than the U.S. dime. They also …use 99.9 percent pure gold. There are several ways for collectors to decide if this coin is right for them.Collectors tend to favor gold coins simply because of the melt value. If times are tough, the gold coin is more expensive purely for its metal content. That being said, any coin that uses 99.9 percent pure gold is a good investment. Yet this is only true if the coin sells for its approximate worth on the current gold market. Paying a higher price for a coin than its gold value is risky, since investors must then count on the fact that the value of gold will rise later to cover the initial purchase cost.Size is also important when it comes to gold coins. The bigger the coin, the more gold it has, and the greater its value. This particular coin is very small. As mentioned above, it is smaller than the American dime. So, while it is an almost pure gold coin, it is not very large. Therefore, it has little value for a collector who is primarily interested in collecting large gold coins due to their melt values.For many collectors, however, coin collecting is less about melt values and more about design. After all, some of the most beloved coins are the Indian Head penny and the Buffalo Head nickel, neither of which have high melt values. The cougar gold coin is beautiful, and the animal design will surely attract some collectors. If a collector likes the look of a coin and he or she is more interested in collecting artistically pleasing coins, then this is a good choice.Price is also important when it comes to these coins. Clearly, the 99.9 pure gold cougar coin is not used for currency, but instead represents a special edition for collectors. Collectors have to pay a premium price to get the coin. As mentioned above, this price is higher than the value of the gold used in the coin. Collectors have to bet on the fact that the demand for this coin will increase in the future, or the value of gold will skyrocket in order to recoup the initial investment. It is an expensive purchase for a very small gold coin.Canada does offer some other pure gold alternatives for those who are interested. The gold maple leaf coin is larger than the cougar coin. It also has a high gold content and because of its bigger size, it is more appealing to many investors. While it is more expensive, many collectors also assume that its value will go up simply because it is a popular coin. As always coin collectors need to do their own research before deciding on a final investment.These are some of the factors collectors can use to decide if buying a cougar gold coin is right for them. Investors who care primarily about the melt value of the coin should look elsewhere since this is a small coin that sells for a high price. Collectors who care more about rarity and designs of coins will enjoy this offer from the Canadian mint. In the end, it is a personal decision based on how the collector wants to develop his or her collection.The cougar gold coin is a standout for those collectors who like very small coins with minute details. It only measures 11 mm in diameter. Yet the cougar head on the coin features striking details that even outline the fur strokes on the animal's head. (MORE)
There are two types of precious metal ETFs: Single precious metals, like gold or silver, and baskets of metals. Investors tend to flock to this type of investment when times a…re uncertain. Precious metals work as a hedge against inflation and hold their value. If you are looking for a safe investment, a gold ETF is a good choice because gold holds its value well. If you want to diversify your portfolio, consider adding other precious metals to the mix. Then, you have a portfolio that grows over time and is safe. This is a long-term investment, so if you want to grow your portfolio quickly, consider other investment options or different types of ETFs.ETFS Physical Palladium Shares is a single metal ETF that falls into the fund category of commodities precious metals. It is a physical metal you purchase and store in banks either in Switzerland or England because the metals are not shipped to you. This fund provides you with a cost effective and efficient way to invest in palladium. The advantages of investing in this fund include ease and flexibility of investment, low expenses and minimal credit risk.Direxion Daily Gold Miners Bear 3X falls into the category of trading inverse-equity. It seeks daily investment results before expenses and fees. Comprised of publicly traded companies working in both developed and undeveloped nations, this fund is primarily involved in investing in companies that mine gold and silver. It is a non-diversified fund.UBS E-TRACS S&P 500 Gold Hedged is in the category of trading miscellaneous. This investment seeks to replicate, by net of expenses, the S&P 500 Gold Hedged Index. This fund deals in gold contracts and provides a hedge against the decline of the dollar. When the price of a dollar declines, the price of gold increases.SPDR Gold Shares is listed in the category of commodities precious metals. It seeks to replicate the performance of gold bullion net of expenses. This trust holds gold and issues baskets of gold in exchange for deposits of gold. It then distributes the gold with the redemption of baskets. A trust holds the gold, and you only sell it as needed to pay expenses of the trust. If you want to trade in precious metals ETFs, a Gold ETF is your best bet. Traditionally, gold increases in value more than other precious metals. Gold and precious metal ETFs are a good choice when there is uncertainty and you want to inflation-proof your portfolio.Although precious metal ETFs are a good store of value in times of high inflation, remember that you do not actually own the underlying metal. Mix your metal ETFs with purchases of actual physical metals to reduce risk during times of extreme volatility. (MORE)
As a jewelry maker, you will probably use a great deal of gold chain. Gold chain can be used to make virtually any sort of jewelry item, from necklaces to earrings. Because it… is used in so many things, you may want to order it in bulk. When buying bulk gold chain, there are a number of decisions you will need to make, from the type of gold you want used, to the type of chain you want to purchase. Use the following information to learn more about what to consider when buying bulk gold chain.Consider how much bulk gold chain to purchase. Most wholesalers sell gold chain by the inch, by the foot, or by the yard. For instance, you might purchase 150 inches of bulk gold chain, or 4 yards, or 6 feet. Buying larger quantities of the chain may save you some money, but only purchase as much as you know you can use in your jewelry making.Determine what type of bulk gold chain you want to purchase. There are several types: Solid gold, gold-filled, and gold-plated. Solid gold chain is made entirely of gold. Gold-filled chain is made of a very thick layer of gold bonded to another metal like sterling silver. In this type of chain, the gold comprises at least 1/20th of the weight of the chain. Gold-plated chain has a much thinner layer of gold covering another metal, like copper, brass, or sterling silver. Pure gold chain is most expensive, and gold-plated chain is least expensive. Your choice will depend upon how much money you want to spend, and the quality of the jewelry you want to create.Decide what quality gold chain you want to buy, which is described in terms of karats. The number of karats determines how pure the gold is. For instance, 24-karat gold is entirely gold. On the other hand, 10-karat gold has been mixed with 14 karats of another material. Most bulk gold chain is sold as either 10- or 14-karat gold, though 18-, 22-, and 24-karat gold chain is available. The cost of the gold will increase as the number of karats increases.When purchasing bulk gold chain, you should think about the shape of the gold chain you are purchasing. Gold chain comes in a variety of shapes. For instance, the shape of the links can be round, oval, or rectangular. The size of these links can also vary from large to small. The gold chain can also come as a rope, or in a variety of other shapes. Make sure you know what your options are and which one you want to use in your jewelry before you purchase any.Bulk gold chain is a great supply for creating almost any type of jewelry. You can purchase it from a variety of wholesalers. Before buying this gold chain, however, you should consider a variety of factors, such as length, type, quality, and shape. All of these factors will influence how much the bulk gold chain will cost as well as how durable it is and how good it looks.Do your research before purchasing bulk gold chain. Compare the materials supplied by a variety of wholesalers. Doing this research will help you to locate both the types of chain available to you as well as the various prices at which you can purchase it. Doing your research will help you to find the right kind of chain for your jewelry at the cheapest possible price. (MORE)
Gold may no longer be tied directly to the monetary system we have now, but its intrinsic value has not diminished over the years. This is because the supply of gold is limite…d, and you can never increase it even by artificial means. Buying gold can be an investment or a way to satisfy human fascination with it. Collecting gold in the form of coins is a common business around the globe. This is because of the rarity and historical value of coins which give them the potential to increase in value. In this business, you must know the best gold to buy and which items have the greatest potential to increase in value. There are several forms of gold on the market. You must have knowledge of gold in order to make the best investments and prosper.In movies, gold is known best in the form of gold bullion bars. The truth is that these gold bars, or ingots, exist in many shapes and sizes. The unit of measurement for gold bullion is called a troy ounce. You will find dealers offering gold bullion bars at a percentage over the market price of gold. Only those who plan to make large investments in gold purchase in this form.The price of foreign gold coins depends on the historical value they possess. It is best to have knowledge of the gold content of a foreign coin before you put a price on it. These coins also increase in value depending on the supply and demand in the market. Collectors place high values on foreign gold coins that are very rare. If you are interested in investing in these coins, always check the background of the coin to know the proper value.Gold bullion coins are much the same as the gold bullion bars. They are round¯shaped like coins but have little monetary value. Gold bullion coins are only fractions of the gold bullion bars in weight. Gold bullion coins issued by predominant countries are the best choice if you would like to grow in this business. The greater the gold content, the greater the value of the coins. Collector coins are usually priced for their rarity. These coins are valued for their age. Some are usually bought by collectors to complete a set. The date these coins are minted also adds up to its preciousness. If you are planning to invest on these coins, you should be patient and look for the rare ones, and you must be a collector yourself to know what coins are hot in the market and what is not. This trade is not for newbies. If you are just starting in the business, you should research and gain as much knowledge as you can before you start collecting these coins. There are only few of these gold coins that were minted in the 1800s. There are high demands for these coins. You should have a lot of experience in the rarity of these United States gold coins before investing in this market.It is a fact that gold is valued in our society. There is no doubt about how high the value of gold is considered by the traders in the market. Venturing into this kind of business requires time and knowledge about gold and its forms. It also costs money to invest in gold. Your success depends on how carefully you manage your resources.In movies, gold is known best in the form of gold bullion bars. The truth is that these gold bars, or ingots, exist in many shapes and sizes. The unit of measurement for gold bullion is called a troy ounce. (MORE)
The average price per troy ounce of gold in 1962 was $35.23 - equal to about $254.32 in 2010 dollars.
How many gram in one tola 1 Tola 11.663805 grams However modern day Indian jewellers may quote 1 tola as 10 grams?
1 Tola equals 11.663805 grams actually but these days most Indian Jewellers count 1 Tola as 10 grams.