Gold Price in Myanmar per Tola

Gold price is updated at Sunday 12 July 2020, 04:00 am, GMT (Sunday 12 July 2020, 10:30 am, Rangoon time)

1 Gold Tola = 920,207.36 Myanma kyat

The following table shows the latest gold price in Myanmar in Myanma kyat (MMK) 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 Myanma kyat according to the latest exchange rates where 1 USD = 1,363.87 Myanma kyat.

Tola is a unit for weighing gold used in Jewelleries in Myanmar. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Sunday 12 July 2020 in Myanmar, 1 Tola of gold = 920,207.36 Myanma kyat.

Commonly Used Gold Tola Karats in Myanmar

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 Myanmar 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 12 July 2020, the current price of gold Tola 24K in Myanmar is 919,287.15 Myanma kyat.
• 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 12 July 2020, the current price of gold Tola 22K in Myanmar is 842,909.94 Myanma kyat.
• 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 12 July 2020, the current price of gold Tola 21K in Myanmar is 805,181.44 Myanma kyat.
• 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 12 July 2020, the current price of gold Tola 18K in Myanmar is 690,155.52 Myanma kyat.
• 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 12 July 2020, the current price of gold Tola 14K in Myanmar is 538,321.30 Myanma kyat.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Sunday 12 July 2020, the current price of gold Tola 12K in Myanmar is 460,103.68 Myanma kyat.
• 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 12 July 2020, the current price of gold Tola 10K in Myanmar is 383,726.47 Myanma kyat.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Sunday 12 July 2020, the current price of gold Tola 9K in Myanmar is 345,077.76 Myanma kyat.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Sunday 12 July 2020, the current price of gold Tola 8K in Myanmar is 306,429.05 Myanma kyat.