This guide demystifies how many grams constitute a tola, how its price is fixed, and why it is so widely popular.
What is a Tola?
The tola is an ancient South Asian unit of weight that was utilized to measure precious metals such as gold and silver. Until centuries ago, its weight differed from region to region.
In contemporary bullion and jewellery commerce, the weight of the tola has been standardized across the world to avoid confusion.
1 Tola = How Many Grams?
Presently, 1 tola is legally equal to 11.66 grams. It is a permanent conversion accepted by jewellers, bullion traders, and gold investors in India as well as other countries in South Asia.
Determining the Price of 1 Tola of Gold
The gold rate of a tola varies based on three principal factors:
- Present Gold Rate per Gram
Gold rates fluctuate on a day-to-day basis, affected by:
Global demand for and supply of gold
International trends in the bullion market
Fluctuations in the currency exchange rate
- Purity of Gold
Gold is charged in accordance with its karat rating:
24K (99.9% pure) is superior and highest in price
22K (91.67% pure) is moderately lower priced due to lower purity
- Extra Costs
Purchase of jewellery involves making charges, GST, and occasionally design premiums.
Example Price Calculation:
When 24K gold costs ₹6,000 per gram:
Weight: 1 tola = 11.66 g
Price: ₹6,000 × 11.66 = ₹69,960
When purchasing 22K gold:
Adjusted rate: ₹6,000 × 0.9167 ≈ ₹5,500
Price: ₹5,500 × 11.66 = ₹64,130
(Note: Such rates are examples—actual rates fluctuate daily.)
Why the Tola is Still Prevalent in India
Even though the metric system prevails, many families and jewellers continue to specify gold in tolas owing to tradition and cultural comfort, particularly at weddings, festivals, and family inheritances.
Tola vs. Gram: Which Should You Use?
Tola – Convenient for traditional negotiations and traditional measurement of older jewellery.
Gram – Ideal for contemporary trading, investment, and international transactions because it's a global measure.
Determining the Present Value of a Tola
In order to determine today's value:
Verify daily updates from authoritative jewellers, banks, NBFCs, or good online gold rate trackers.
Summary:
A tola weighs 11.66 grams, and its price relies on the day's gold rate, purity level, and charges involved. Whether you employ the tola for tradition or the gram for precision, having this conversion in mind makes you wiser in your gold purchase or investment decisions.