Gold Price in Armenia per Tola

Gold price is updated at Sunday 17 January 2021, 03:00 am, GMT (Sunday 17 January 2021, 07:00 am, Yerevan time)

1 Gold Tola = 359,315.60 Armenian dram

The following table shows the latest gold price in Armenia in Armenian dram (AMD) per Tola. 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 Tola are converted from USD to Armenian dram according to the latest exchange rates where 1 USD = 524.28 Armenian dram.

Tola is a unit for weighing gold used in Jewelleries in Armenia. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Sunday 17 January 2021 in Armenia, 1 Tola of gold = 359,315.60 Armenian dram.

Commonly Used Gold Tola Karats in Armenia

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 Tola karats in Armenia 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 17 January 2021, the current price of gold Tola 24K in Armenia is 358,956.29 Armenian dram.
• 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 17 January 2021, the current price of gold Tola 22K in Armenia is 329,133.09 Armenian dram.
• 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 17 January 2021, the current price of gold Tola 21K in Armenia is 314,401.15 Armenian dram.
• 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 17 January 2021, the current price of gold Tola 18K in Armenia is 269,486.70 Armenian dram.
• 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 17 January 2021, the current price of gold Tola 14K in Armenia is 210,199.63 Armenian dram.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Sunday 17 January 2021, the current price of gold Tola 12K in Armenia is 179,657.80 Armenian dram.
• 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 17 January 2021, the current price of gold Tola 10K in Armenia is 149,834.61 Armenian dram.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Sunday 17 January 2021, the current price of gold Tola 9K in Armenia is 134,743.35 Armenian dram.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Sunday 17 January 2021, the current price of gold Tola 8K in Armenia is 119,652.10 Armenian dram.