Gold Price in Mongolia per Tola

Gold price is updated at Friday 27 November 2020, 07:00 pm, GMT (Saturday 28 November 2020, 03:00 am, Ulaanbaatar time)

1 Gold Tola = 1,905,173.72 Mongolian Tugrik

The following table shows the latest gold price in Mongolia in Mongolian Tugrik (MNT) 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 Mongolian Tugrik according to the latest exchange rates where 1 USD = 2,842.57 Mongolian Tugrik.

Tola is a unit for weighing gold used in Jewelleries in Mongolia. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Friday 27 November 2020 in Mongolia, 1 Tola of gold = 1,905,173.72 Mongolian Tugrik.

Commonly Used Gold Tola Karats in Mongolia

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 Mongolia 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, Friday 27 November 2020, the current price of gold Tola 24K in Mongolia is 1,903,268.55 Mongolian Tugrik.
• 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, Friday 27 November 2020, the current price of gold Tola 22K in Mongolia is 1,745,139.13 Mongolian Tugrik.
• 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, Friday 27 November 2020, the current price of gold Tola 21K in Mongolia is 1,667,027.01 Mongolian Tugrik.
• 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, Friday 27 November 2020, the current price of gold Tola 18K in Mongolia is 1,428,880.29 Mongolian Tugrik.
• 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, Friday 27 November 2020, the current price of gold Tola 14K in Mongolia is 1,114,526.63 Mongolian Tugrik.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Friday 27 November 2020, the current price of gold Tola 12K in Mongolia is 952,586.86 Mongolian Tugrik.
• 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, Friday 27 November 2020, the current price of gold Tola 10K in Mongolia is 794,457.44 Mongolian Tugrik.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Friday 27 November 2020, the current price of gold Tola 9K in Mongolia is 714,440.15 Mongolian Tugrik.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Friday 27 November 2020, the current price of gold Tola 8K in Mongolia is 634,422.85 Mongolian Tugrik.