Unit Price Breakdown
Price per Gram, Ounce, and Tola
Understanding Gold Pricing Structures
In many global markets, gold is often quoted in local units like "per tola" or "per ounce." However, for most transactions, it's essential to understand the price per gram. A unit price breakdown helps you verify if you're getting a fair rate. By breaking down the price into grams and milligrams, Real Rate provides a granular view of your investment's value.
Our breakdown includes both 24K (pure gold) and 22K (standard jewelry gold), allowing you to calculate the base metal cost before any making charges or taxes are applied.
24K vs 22K: What's the Difference?
The 'K' stands for Karat, which measures the purity of gold. 24K gold is 99.9% pure and is usually sold as bars or coins for investment. 22K gold is 91.6% pure, with the remainder being other metals like copper or zinc to make the gold harder and more suitable for jewelry.
Jewelry Pricing Tip
When buying jewelry, the formula is usually:
(Gold Rate × Weight) + Making Charges + Tax.
Knowing the exact gold rate per gram ensures you only pay the fair market value for the metal itself.
Disclaimer
All rates and calculations provided by Real Rate are for informational purposes only. Local market prices may vary significantly from the rates shown. Always verify with your local bullion dealer or bank before making any financial decisions. Real Rate is not liable for any financial losses or damages.