Gold Price in Madagascar per Gram

1 Gold Gram = 258,544.78 Malagasy ariary

The following table shows the latest gold price in Madagascar in Malagasy ariary (MGA) per Gram. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).

Gold prices per Gram are converted from USD to Malagasy ariary according to the latest exchange rates where 1 USD = 4,310.42 Malagasy ariary.

Gram is a unit for weighing gold used in Jewelleries in Madagascar. 1 Gram = 0.03215 troy ounce, 1 troy ounce = 31.104199066874 Gram. Today, Sunday 05 February 2023 in Madagascar, 1 Gram of gold = 258,544.78 Malagasy ariary.

Commonly Used Gold Gram Karats in Madagascar

Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.

The following are commonly used Gram karats in Madagascar as well as other countries:

• Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Sunday 05 February 2023, the current price of gold Gram 24K in Madagascar is 258,286.24 Malagasy ariary.
• Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Sunday 05 February 2023, the current price of gold Gram 22K in Madagascar is 236,827.02 Malagasy ariary.
• Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Sunday 05 February 2023, the current price of gold Gram 21K in Madagascar is 226,226.68 Malagasy ariary.
• Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Sunday 05 February 2023, the current price of gold Gram 18K in Madagascar is 193,908.59 Malagasy ariary.
• Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Sunday 05 February 2023, the current price of gold Gram 14K in Madagascar is 151,248.70 Malagasy ariary.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Sunday 05 February 2023, the current price of gold Gram 12K in Madagascar is 129,272.39 Malagasy ariary.
• Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Sunday 05 February 2023, the current price of gold Gram 10K in Madagascar is 107,813.17 Malagasy ariary.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Sunday 05 February 2023, the current price of gold Gram 9K in Madagascar is 96,954.29 Malagasy ariary.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Sunday 05 February 2023, the current price of gold Gram 8K in Madagascar is 86,095.41 Malagasy ariary.