Gold Price in Gibraltar per Tola

Gold price is updated at Thursday 29 July 2021, 11:01 am, GMT (Thursday 29 July 2021, 01:01 pm, Gibraltar time)

1 Gold Tola = 493.69 Gibraltar Pound

The following table shows the latest gold price in Gibraltar in Gibraltar Pound (GIP) 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 Gibraltar Pound according to the latest exchange rates where 1 USD = 0.72 Gibraltar Pound.

Tola is a unit for weighing gold used in Jewelleries in Gibraltar. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Thursday 29 July 2021 in Gibraltar, 1 Tola of gold = 493.69 Gibraltar Pound.

Commonly Used Gold Tola Karats in Gibraltar

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 Gibraltar 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, Thursday 29 July 2021, the current price of gold Tola 24K in Gibraltar is 493.20 Gibraltar Pound.
• 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, Thursday 29 July 2021, the current price of gold Tola 22K in Gibraltar is 452.22 Gibraltar Pound.
• 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, Thursday 29 July 2021, the current price of gold Tola 21K in Gibraltar is 431.98 Gibraltar Pound.
• 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, Thursday 29 July 2021, the current price of gold Tola 18K in Gibraltar is 370.27 Gibraltar Pound.
• 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, Thursday 29 July 2021, the current price of gold Tola 14K in Gibraltar is 288.81 Gibraltar Pound.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Thursday 29 July 2021, the current price of gold Tola 12K in Gibraltar is 246.84 Gibraltar Pound.
• 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, Thursday 29 July 2021, the current price of gold Tola 10K in Gibraltar is 205.87 Gibraltar Pound.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Thursday 29 July 2021, the current price of gold Tola 9K in Gibraltar is 185.13 Gibraltar Pound.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Thursday 29 July 2021, the current price of gold Tola 8K in Gibraltar is 164.40 Gibraltar Pound.