Gold Price in Madagascar per Kilogram

Gold price is updated at Wednesday 12 May 2021, 10:00 am, GMT (Wednesday 12 May 2021, 01:00 pm, Antananarivo time)

1 Gold Kilogram = 222,486,070.54 Malagasy ariary

The following table shows the latest gold price in Madagascar in Malagasy ariary (MGA) per Kilogram. 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 Kilogram are converted from USD to Malagasy ariary according to the latest exchange rates where 1 USD = 3,771.26 Malagasy ariary.

Kilogram is a unit for weighing gold used in Jewelleries in Madagascar. 1 Kilogram = 32.15 troy ounce, 1 troy ounce = 0.031104199066874 Kilogram. Today, Wednesday 12 May 2021 in Madagascar, 1 Kilogram of gold = 222,486,070.54 Malagasy ariary.

Commonly Used Gold Kilogram 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 Kilogram 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, Wednesday 12 May 2021, the current price of gold Kilogram 24K in Madagascar is 222,263,584.47 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, Wednesday 12 May 2021, the current price of gold Kilogram 22K in Madagascar is 203,797,240.61 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, Wednesday 12 May 2021, the current price of gold Kilogram 21K in Madagascar is 194,675,311.72 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, Wednesday 12 May 2021, the current price of gold Kilogram 18K in Madagascar is 166,864,552.90 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, Wednesday 12 May 2021, the current price of gold Kilogram 14K in Madagascar is 130,154,351.26 Malagasy ariary.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Wednesday 12 May 2021, the current price of gold Kilogram 12K in Madagascar is 111,243,035.27 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, Wednesday 12 May 2021, the current price of gold Kilogram 10K in Madagascar is 92,776,691.41 Malagasy ariary.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Wednesday 12 May 2021, the current price of gold Kilogram 9K in Madagascar is 83,432,276.45 Malagasy ariary.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Wednesday 12 May 2021, the current price of gold Kilogram 8K in Madagascar is 74,087,861.49 Malagasy ariary.