16k Gold Price in Madagascar (MGA)

Enter a weight to value 16k gold by the troy ounce for buyers and sellers in Madagascar, priced from the live gold market. 16 carat (667) is 66.67% gold, and every figure below is priced at that fineness. Priced in Malagasy Ariary directly by the rates API — gold is quoting Ar 18,819,421 per troy ounce.

1 troy ounce = 31.1034768 g
66.67% pure metal
Malagasy Ariary

Value of 1 ozt of 16k Gold

Ar 12,546,281

Ar 12,546,281 per troy ounce · Ar 403,372 per gram

Priced Spot Ar 18,819,421 / troy ounce

18,819,421.32 ÷ 31.1034768 × 0.6667 × 31.1035 = Ar 12,546,281

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

Gold value by unit

One of each measure, at the current gold price.

MeasureDetailValue
Gram1 gAr 403,372
10 grams10 gAr 4,033,723
Kilo1,000 gAr 403,372,297
Troy ounce31.1034768 gAr 12,546,281
Tola11.6638038 gAr 4,704,855
Pennyweight1.5551738 gAr 627,314
Baht (gold bar)15.244 gAr 6,149,007
Bhori11.6638038 gAr 4,704,855
Masha0.9719837 gAr 392,071
Ratti0.121498 gAr 49,009
Grain0.0647989 gAr 26,138
Sovereign (fine gold)7.32238 gAr 2,953,645
Tael (Hong Kong)37.7994 gAr 15,247,231
Tael (Taiwan)37.5 gAr 15,126,461
Tael / liang (mainland)50 gAr 20,168,615

Gold value by purity

One troy ounce at each purity commonly sold.

MeasureDetailValue
24 carat (999.9 fine)99.99% pureAr 18,817,539
22 carat (916)91.67% pureAr 17,251,136
21 carat (875)87.50% pureAr 16,466,994
20 carat (833)83.33% pureAr 15,682,851
18 carat (750)75.00% pureAr 14,114,566
16 carat (667)66.67% pureAr 12,546,281
14 carat (585)58.33% pureAr 10,977,996
12 carat (500)50.00% pureAr 9,409,711
10 carat (417)41.67% pureAr 7,841,426
9 carat (375)37.50% pureAr 7,057,283
8 carat (333)33.33% pureAr 6,273,140

The same figure in other currencies

Every currency the rates API supports is available in the calculator above — pick it from the list and the figure is re-quoted in that currency without leaving this page.

How this is calculated

1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied. Gold trades per troy ounce, so every figure here starts from that quote and is converted with the factor shown next to the result.

This is the spot-derived value, not the shop counter price in Madagascar. Local retail rates are set by the jewellers' association and usually sit above this figure once making charges and duty are added.

Every gold calculator

Gold price in every currency

Each one is its own page, priced by the rates API in that currency directly.

Every unit — gram, ounce, tola, masha, tael, sovereign — is available in the calculator above without leaving the page.

Common questions

How much is 1 troy ounce of 16k gold worth today?

1 troy ounce is worth about Ar 12,546,281, from a spot price of Ar 18,819,421 per troy ounce.

How many grams are in 1 troy ounce?

1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied.

What does 16k mean?

16 carat is 66.7% gold. At today's market that works out to Ar 403,372 per gram.

Is this the same as the 16k gold rate quoted in Madagascar?

Not exactly. This converts the international spot price into Malagasy Ariary at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Madagascar is normally higher.

How often does this price update?

Every 15 minutes. The figure on this page is a cached quote and can be up to 15 minutes behind the market, and the timestamp above it always states when the price was actually taken. For real-time rates, request the same data from the CommodityPriceAPI directly.

Related