Gold has always held a special place in cultures across the world, especially in South Asia and the Middle East. Among the many traditional units used to measure gold, the tola remains one of the most popular. A common question among gold investors and jewelry buyers is: what is the 10 tolas gold bar price? This article will 10 tolas gold bar price explore the significance of the 10 tola gold bar, its value, and where you can buy it.
What is a 10 Tolas Gold Bar?
A tola is a traditional South Asian unit of mass used for measuring precious metals like gold and silver. One tola equals approximately 11.66 grams, so a 10 tolas gold bar weighs about 116.6 grams.
These bars are widely used in:
India
Pakistan
Bangladesh
UAE
Other Middle Eastern and South Asian communities
The 10 tola gold bar is often made of 999.9 fine gold (24 karat), ensuring it meets global investment standards.
How to Calculate the 10 Tolas Gold Bar Price?
To calculate the 10 tolas gold bar price, use this formula:
10 tolas × 11.66 grams × current gold rate per gram
For example, if the current gold price is PKR 19,000 per gram:
10 tolas × 11.66 = 116.6 grams
116.6 grams × 19,000 = PKR 2,215,400
Note: Gold prices vary daily based on international markets. Always check the latest local rate before buying or selling.
Factors Affecting the 10 Tolas Gold Bar Price
International Gold Rate
Gold is traded globally in USD per ounce. The price of the 10 tola bar changes as international gold prices rise or fall.Currency Exchange Rate
In countries like Pakistan or India, the strength of the local currency (PKR/INR) against the US dollar affects the gold bar's price.Purity and Brand
A 999.9 purity bar from a well-known refinery like PAMP, Valcambi, or Emirates Gold may carry a premium due to brand trust and certification.Import Duties and Taxes
In some countries, import taxes, VAT, or GST can significantly affect the final retail price of gold bars.
Why Invest in a 10 Tolas Gold Bar?
Tradition: The 10 tola bar is deeply rooted in South Asian and Middle Eastern heritage, often used in weddings and dowries.
High Value: With over 116 grams of pure gold, it’s a substantial and valuable investment.
Lower Premium: Compared to buying multiple small bars, a 10 tola bar offers better pricing per gram.
Easy to Sell: The 10 tolas gold bar is well recognized and easily liquidated in gold markets globally.
Where to Buy a 10 Tolas Gold Bar?
You can purchase a 10 tolas gold bar price from:
Certified gold dealers
Reputable jewelry shops
Banks offering gold bullion
Online precious metal platforms
Always ensure you receive:
A purity certificate (assay card)
A bar with stamped weight, serial number, and brand
Original packaging (tamper-proof)
Final Thoughts
The 10 tolas gold bar price may fluctuate daily, but its significance as a traditional and high-value investment remains strong. Whether you're buying for cultural reasons, investment purposes, or as a gift, a 10 tola gold bar offers an ideal combination of tradition, value, and global recognition.
