Gold Rate in Madagascar

Madagascar Gold Rate Today

24Ct Gold Rate in Madagascar

MGA 224,129.26 | INR 5,211.86

22Ct Gold Rate in Madagascar

MGA 205,451.80 | INR 4,777.54

21Ct Gold Rate in Madagascar

MGA 196,113.10 | INR 4,560.38

18Ct Gold Rate in Madagascar

MGA 168,096.90 | INR 3,908.90

Gold Rate in Madagascar in Ariary

Last updated on May 23, 2024

Quantity 24K Gold Rate 22K Gold Rate 21K Gold Rate 18K Gold Rate
1 Gram MGA 224,129.26 MGA 205,451.80 MGA 196,113.10 MGA 168,096.90
1 Tola MGA 2,614,199.73 MGA 2,396,349.49 MGA 2,287,424.72 MGA 1,960,649.26
10 Grams MGA 2,241,292.61 MGA 2,054,518.00 MGA 1,961,131.00 MGA 1,680,969.00
1 Sovereign MGA 1,793,034.09 MGA 1,643,614.40 MGA 1,568,904.80 MGA 1,344,775.20
10 Tolas MGA 26,141,997.25 MGA 23,963,494.86 MGA 22,874,247.21 MGA 19,606,492.61
1 Ounce MGA 6,971,199.27 MGA 6,390,265.29 MGA 6,099,799.26 MGA 5,228,398.03
1 Kilogram MGA 224,129,260.90 MGA 205,451,800.00 MGA 196,113,100.00 MGA 168,096,900.00

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Gold Price in Madagascar

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Check today's gold rate in Madagascar per gram, gold rate per tola today in Madagascar, todays gold rate per 10 grams in Madagascar and today gold price per kilogram in Madagascar. Also find gold rate history in Madagascar, historical gold rate chart in Madagascar.

Today's Gold Rate in Madagascar in Indian Rupees

Weight 24K Gold Price 22K Gold Price 21K Gold Price 18K Gold Price
Per Gram INR 5,211.86 INR 4,777.54 INR 4,560.38 INR 3,908.90
Per Tola INR 60,790.15 INR 55,724.29 INR 53,191.38 INR 45,592.60
Per Sovereign INR 41,694.90 INR 38,220.32 INR 36,483.04 INR 31,271.17
Per 10 Grams INR 52,118.63 INR 47,775.40 INR 45,603.80 INR 39,088.96
Per Ounce INR 162,107.05 INR 148,598.12 INR 141,843.67 INR 121,580.26
Per 10 Tola INR 607,901.45 INR 557,242.94 INR 531,913.76 INR 455,925.97
Per Kilogram INR 5,211,862.83 INR 4,777,540.40 INR 4,560,379.90 INR 3,908,896.06

Todays Gold Rate in Madagascar in US Dollars

Qty 24Ct Gold Rate 22Ct Gold Rate 21Ct Gold Rate 18Ct Gold Rate
1 Gram USD 75.79 USD 69.47 USD 66.32 USD 56.84
1 Tola USD 884.01 USD 810.34 USD 773.51 USD 663.00
8 Grams USD 606.32 USD 555.80 USD 530.53 USD 454.74
10 Grams USD 757.91 USD 694.75 USD 663.17 USD 568.43
1 Ounce USD 2,357.35 USD 2,160.90 USD 2,062.68 USD 1,768.01
10 Tolas USD 8,840.06 USD 8,103.39 USD 7,735.05 USD 6,630.05
1 Kg USD 75,790.56 USD 69,474.67 USD 66,316.74 USD 56,842.91

Madagascar Gold Rate History per Gram

Date 24K Gold Price 22K Gold Price 21K Gold Price 18K Gold Price
May 23, 2024 PM MGA 224,129.26 MGA 205,451.82 MGA 196,113.10 MGA 168,096.95
May 23, 2024 AM MGA 229,539.13 MGA 210,410.87 MGA 200,846.74 MGA 172,154.35
May 22, 2024 PM MGA 228,935.39 MGA 209,857.44 MGA 200,318.47 MGA 171,701.54
May 22, 2024 AM MGA 229,539.13 MGA 210,410.87 MGA 200,846.74 MGA 172,154.35
May 21, 2024 PM MGA 230,779.88 MGA 211,548.23 MGA 201,932.40 MGA 173,084.91
May 21, 2024 AM MGA 229,805.35 MGA 210,654.90 MGA 201,079.68 MGA 172,354.01
May 20, 2024 PM MGA 230,114.34 MGA 210,938.15 MGA 201,350.05 MGA 172,585.76
May 20, 2024 AM MGA 232,400.94 MGA 213,034.20 MGA 203,350.82 MGA 174,300.71
May 19, 2024 PM MGA 228,431.49 MGA 209,395.53 MGA 199,877.55 MGA 171,323.61
May 19, 2024 AM MGA 228,431.49 MGA 209,395.53 MGA 199,877.55 MGA 171,323.61
May 18, 2024 PM MGA 228,431.49 MGA 209,395.53 MGA 199,877.55 MGA 171,323.61
May 18, 2024 AM MGA 228,431.49 MGA 209,395.53 MGA 199,877.55 MGA 171,323.61
May 17, 2024 PM MGA 228,431.49 MGA 209,395.53 MGA 199,877.55 MGA 171,323.61
May 17, 2024 AM MGA 226,449.13 MGA 207,578.37 MGA 198,142.99 MGA 169,836.85
May 16, 2024 PM MGA 226,035.55 MGA 207,199.25 MGA 197,781.11 MGA 169,526.66
May 16, 2024 AM MGA 226,629.78 MGA 207,743.97 MGA 198,301.06 MGA 169,972.34
May 15, 2024 PM MGA 224,143.52 MGA 205,464.90 MGA 196,125.58 MGA 168,107.64
May 15, 2024 AM MGA 225,503.12 MGA 206,711.19 MGA 197,315.23 MGA 169,127.34
May 14, 2024 PM MGA 223,891.57 MGA 205,233.94 MGA 195,905.12 MGA 167,918.68
May 14, 2024 AM MGA 223,183.25 MGA 204,584.64 MGA 195,285.34 MGA 167,387.44
May 13, 2024 PM MGA 222,840.97 MGA 204,270.89 MGA 194,985.85 MGA 167,130.73
May 13, 2024 AM MGA 222,508.20 MGA 203,965.85 MGA 194,694.68 MGA 166,881.15
May 12, 2024 PM MGA 225,564.92 MGA 206,767.84 MGA 197,369.31 MGA 169,173.69
May 12, 2024 AM MGA 225,564.92 MGA 206,767.84 MGA 197,369.31 MGA 169,173.69
May 11, 2024 PM MGA 225,564.92 MGA 206,767.84 MGA 197,369.31 MGA 169,173.69
May 11, 2024 AM MGA 225,564.92 MGA 206,767.84 MGA 197,369.31 MGA 169,173.69
May 10, 2024 PM MGA 225,564.92 MGA 206,767.84 MGA 197,369.31 MGA 169,173.69
May 10, 2024 AM MGA 225,431.81 MGA 206,645.83 MGA 197,252.84 MGA 169,073.86

Frequently Asked Questions

What is the price of gold in Madagascar today?

Today, the 999 gold price per gram in Madagascar is MGA 224,129.26, today's 916 gold price per gram in Madagascar is MGA 205,451.80, 875 gold price per gram today in Madagascar is MGA 196,113.10, today's 750 gold price per gram in Madagascar is MGA 168,096.90. Today, the 24kt gold price per 10 grams in Madagascar is MGA 2,241,292.61, today's 22kt gold price per 10 grams in Madagascar is MGA 2,054,518.00, 21kt gold price per 10 grams today in Madagascar is MGA 1,961,131.00 and today's 18kt gold price per 10 grams in Madagascar is MGA 1,680,969.00.

What was the price of gold in Madagascar yesterday?

Yesterday, the 24 karat gold price per gram in Madagascar was MGA 228,935.39, yesterday's 22 karat gold price per gram in Madagascar was MGA 209,857.40, 21 karat gold price per gram yesterday in Madagascar was MGA 200,318.50, yesterday's 18 karat gold price per gram in Madagascar was MGA 171,701.50. Yesterday, the 999 gold price per 10 grams in Madagascar was MGA 2,289,353.92, yesterday's 916 gold price per 10 grams in Madagascar was MGA 2,098,574.00, 875 gold price per 10 grams yesterday in Madagascar was MGA 2,003,185.00 and yesterday's 750 gold price per 10 grams in Madagascar was MGA 1,717,015.00.

What is the gold rate in Madagascar in Indian Rupees?

24 karat gold rate per gram in Madagascar in Indian Rupees is INR 5,211.86 and 24 karat gold price per ounce in Madagascar in Indian Rupees is INR 162,107.05. Standard 22 carat gold rate in Madagascar per gram is 4,777.54 Indian Rupees and the 22 carat gold price per tola in Madagascar is 55,724.29 Indian Rupees.

What is the current price of gold bars, biscuits and coins in Madagascar?

1 kg pure gold bar price in Madagascar is 224,129,260.90 Ariary and 10 tola pure gold biscuit rate in Madagascar is 26,141,997.25 Ariary. 1 oz 24k gold bar price in Madagascar is 6,971,199.27 Ariary and 1 sovereign 24k gold coin rate in Madagascar is 1,793,034.09 Ariary. 916 gold bars per kilo in Madagascar is MGA 205,451,800.00 and 916 gold biscuits per ounce in Madagascar is MGA 6,390,265.29. 22k gold coins per sovereign in Madagascar is MGA 1,643,614.40.

What was the highest and lowest gold rate in Madagascar?

In last 1 year, the highest 24ct gold rate was recorded on 20-May-2024, which was as high as MGA 232,400.94 per gram and the lowest 24ct gold rate was recorded on 04-Oct-2023, which was as low as MGA 172,939.92 per gram. 22 carat gold price in last one year fell as low as MGA 158,528.26 on 04-Oct-2023 per gram and the 22 carat gold rose as high as MGA 213,034.20 on 20-May-2024 per gram.

What are the different gold hallmarks in Madagascar?

List of Madagascar gold hallmarks are 375 hallmark gold (9 karat gold), 585 hallmark gold (14 karat gold), 750 hallmark gold (18 karat gold), 875 hallmark gold (21 karat gold), 916 hallmark gold (22 karat gold), 958 hallmark gold (23 karat gold) and 999 hallmark gold (24 karat gold).

What are the different carats in gold across Madagascar?

Gold Carat (CT) or Karat (KT or K) is used to represent fineness of gold present in jewellery. The different carats of gold jewellery sold in Madagascar are 24 carat gold (pure gold), 23 carat gold, 22 carat gold (standard gold), 21 carat gold, 20 carat gold, 19 carat gold, 18 carat gold, 17 carat gold, 16 carat gold, 15 carat gold, 14 carat gold, 13 carat gold, 12 carat gold, 11 carat gold, 10 carat gold, 9 carat gold and 8 carat gold.

How is gold measured in Madagascar?

Jewellery shops across Madagascar buy and sell gold in grams, tolas, sovereigns, pavans, ounces and kilograms. 1 gram of gold is equal to 1000 milligrams. 1 tola of gold is equal to 11.6638038 grams, 1 sovereign of gold is equal to 8 grams, 1 pavan of gold is equal to 8 grams, 1 ounce of gold is equal to 31.1034768 grams, 1 kg of gold is equal to 1000 grams. Gold bars are sold in kilos. Gold biscuits are sold in ounces. Gold coins are sold in grams, tolas, sovereigns or pavans.

What are the different gold colours in Madagascar?

Gold jewellery in Madagascar is available in different colours. Yellow Gold colour is the most popular colour used in jewelry showrooms across Madagascar. White Gold color is also commonly used in Madagascar jewellery stores. Rose Gold colour is also used in jewellery and Green Gold colour is also available in jewellery shops in Madagascar.

How to invest in gold in Madagascar?

Since your Ariary is going to fall in value, Gold is the best place to preserve value. The best forms for gold ownership are through minted coins: one-ounce South African Krugerrands, Canadian Maple Leafs, or American Eagles. The recent explosion in Exchange Traded Funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, Gold Mutual Funds provide a helpful alternative.

For the more sophisticated and experienced investor, Options allow you to speculate in gold prices. But in the options market, you can speculate on price movements in either direction. If you buy a call, you are hoping prices will rise. A call fixes the purchase price so the higher that price goes, the greater the margin between your fixed option price and current market price. When you buy a put, you expect the price to fall. Buying options is risky, and more people lose than win. In fact, about three-fourths of all options bought expire worthless. The options market is complex and requires experience and understanding. To generalize, options possess two key traits-one bad and one good. The good trait is that they enable an investor to control a large investment with a small and limited amount of money. The bad trait is that options expire within a fixed period of time. Thus, for the buyer time is the enemy because as the expiration date gets closer, an option’s “time value” disappears. Anyone investing in options needs to understand all of the risks before they spend money. The Futures market is far too complex for the vast majority of investors. Even experienced options investors recognize the high risk nature of the futures market. Considering the range of ways to get into the gold market, futures trading is the most complex and, while big fortunes could be made, they can also be lost in an instant.


Highest Last 30 Days

Purity Date Cost
24K Gold / 1g 20-May-2024 MGA 232,400.94
22K Gold / 1g 20-May-2024 MGA 213,034.20
21K Gold / 1g 20-May-2024 MGA 203,350.82
18K Gold / 1g 20-May-2024 MGA 174,300.71

Lowest Last 30 Days

Purity Date Cost
24K Gold / 1g 01-May-2024 MGA 217,583.22
22K Gold / 1g 01-May-2024 MGA 199,451.29
21K Gold / 1g 01-May-2024 MGA 190,385.32
18K Gold / 1g 01-May-2024 MGA 163,187.42

Disclaimer

Golden Chennai provides gold price in Madagascar obtained from sources believed to be reliable, but we do not guarantee their accuracy. Our gold rate data are provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. References made to third parties are based on information obtained from sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment.