Gold Price in Jamaica per Tola

Gold price is updated at Friday 07 May 2021, 11:00 pm, GMT (Friday 07 May 2021, 06:00 pm, Kingston time)

1 Gold Tola = 104,340.27 Jamaican Dollar

The following table shows the latest gold price in Jamaica in Jamaican Dollar (JMD) 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 Jamaican Dollar according to the latest exchange rates where 1 USD = 151.93 Jamaican Dollar.

Tola is a unit for weighing gold used in Jewelleries in Jamaica. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Friday 07 May 2021 in Jamaica, 1 Tola of gold = 104,340.27 Jamaican Dollar.

Commonly Used Gold Tola Karats in Jamaica

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 Jamaica 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 07 May 2021, the current price of gold Tola 24K in Jamaica is 104,235.93 Jamaican Dollar.
• 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 07 May 2021, the current price of gold Tola 22K in Jamaica is 95,575.69 Jamaican Dollar.
• 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 07 May 2021, the current price of gold Tola 21K in Jamaica is 91,297.74 Jamaican Dollar.
• 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 07 May 2021, the current price of gold Tola 18K in Jamaica is 78,255.20 Jamaican Dollar.
• 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 07 May 2021, the current price of gold Tola 14K in Jamaica is 61,039.06 Jamaican Dollar.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Friday 07 May 2021, the current price of gold Tola 12K in Jamaica is 52,170.14 Jamaican Dollar.
• 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 07 May 2021, the current price of gold Tola 10K in Jamaica is 43,509.89 Jamaican Dollar.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Friday 07 May 2021, the current price of gold Tola 9K in Jamaica is 39,127.60 Jamaican Dollar.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Friday 07 May 2021, the current price of gold Tola 8K in Jamaica is 34,745.31 Jamaican Dollar.