Gold Price in Madagascar per Gram
1 Gold Gram = 394,623.95 Malagasy ariary
Gold price is updated at Tuesday 19 November 2024, 03:57 pm, GMT (Tuesday 19 November 2024, 06:57 pm, Antananarivo time)
The following table shows the latest gold price in Madagascar in Malagasy ariary (MGA) per Gram. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).
Gold prices per Gram are converted from USD to Malagasy ariary according to the latest exchange rates where 1 USD = 4,677.11 Malagasy ariary.
| Gold Unit | Malagasy ariary (MGA) |
|---|---|
| Gold Gram 24K (.999) | 394,229.32 |
| Gold Gram 22K (.916) | 361,475.53 |
| Gold Gram 21K (.875) | 345,295.95 |
| Gold Gram 18K (.750) | 295,967.96 |
| Gold Gram 14K (.585) | 230,855.01 |
| Gold Gram 12K (.500) | 197,311.97 |
| Gold Gram 10K (.417) | 164,558.19 |
| Gold Gram 9K (.375) | 147,983.98 |
| Gold Gram 8K (.333) | 131,409.77 |
Gram is a unit for weighing gold used in Jewelleries in Madagascar. 1 Gram = 0.03215 troy ounce, 1 troy ounce = 31.104199066874 Gram. Today, Tuesday 19 November 2024 in Madagascar, 1 Gram of gold = 394,623.95 Malagasy ariary.
Gold price chart in Madagascar in Malagasy ariary Gram
Commonly Used Gold Gram Karats in Madagascar
Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.
The following are commonly used Gram karats in Madagascar as well as other countries:
- Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Tuesday 19 November 2024, the current price of gold Gram 24K in Madagascar is 394,229.32 Malagasy ariary.
- Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Tuesday 19 November 2024, the current price of gold Gram 22K in Madagascar is 361,475.53 Malagasy ariary.
- Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Tuesday 19 November 2024, the current price of gold Gram 21K in Madagascar is 345,295.95 Malagasy ariary.
- Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Tuesday 19 November 2024, the current price of gold Gram 18K in Madagascar is 295,967.96 Malagasy ariary.
- Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Tuesday 19 November 2024, the current price of gold Gram 14K in Madagascar is 230,855.01 Malagasy ariary.
- Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Tuesday 19 November 2024, the current price of gold Gram 12K in Madagascar is 197,311.97 Malagasy ariary.
- Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Tuesday 19 November 2024, the current price of gold Gram 10K in Madagascar is 164,558.19 Malagasy ariary.
- Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Tuesday 19 November 2024, the current price of gold Gram 9K in Madagascar is 147,983.98 Malagasy ariary.
- Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Tuesday 19 November 2024, the current price of gold Gram 8K in Madagascar is 131,409.77 Malagasy ariary.
Historical gold prices in Malagasy ariary per Gram
| Date | Gram |
| 18 Nov 24 | 388,545.74 |
|---|---|
| 17 Nov 24 | 384,451.71 |
| 16 Nov 24 | 384,191.09 |
| 15 Nov 24 | 384,482.53 |
| 14 Nov 24 | 383,145.16 |
| 13 Nov 24 | 388,884.24 |
| 12 Nov 24 | 387,518.51 |
| 11 Nov 24 | 399,766.31 |
| 10 Nov 24 | 400,429.48 |
| 09 Nov 24 | 396,926.64 |
| 08 Nov 24 | 400,370.36 |
| 07 Nov 24 | 393,521.27 |
| 06 Nov 24 | 406,503.13 |
| 05 Nov 24 | 404,270.79 |
| 04 Nov 24 | 405,866.80 |
| 03 Nov 24 | 406,012.10 |
| 02 Nov 24 | 404,687.03 |
| 01 Nov 24 | 407,766.54 |
| 31 Oct 24 | 412,904.00 |
| 29 Oct 24 | 408,573.52 |
| 28 Oct 24 | 405,906.04 |
| 27 Oct 24 | 407,891.04 |
| 26 Oct 24 | 406,732.53 |
| 25 Oct 24 | 404,758.31 |
| 24 Oct 24 | 404,175.74 |
| 23 Oct 24 | 401,147.27 |
| 18 Oct 24 | 399,866.29 |
| 17 Oct 24 | 395,569.15 |
| 16 Oct 24 | 393,177.07 |
| 15 Oct 24 | 391,233.55 |
| Amount | MGA |
| 1 gm | 394,623.95 |
|---|---|
| 2 gm | 789,247.89 |
| 3 gm | 1,183,871.84 |
| 4 gm | 1,578,495.78 |
| 5 gm | 1,973,119.73 |
| 6 gm | 2,367,743.67 |
| 7 gm | 2,762,367.62 |
| 8 gm | 3,156,991.56 |
| 9 gm | 3,551,615.51 |
| 10 gm | 3,946,239.45 |
| 20 gm | 7,892,478.90 |
| 30 gm | 11,838,718.35 |
| 40 gm | 15,784,957.80 |
| 50 gm | 19,731,197.25 |
| 60 gm | 23,677,436.70 |
| 70 gm | 27,623,676.15 |
| 80 gm | 31,569,915.60 |
| 90 gm | 35,516,155.05 |
| 100 gm | 39,462,394.50 |
| 200 gm | 78,924,789.00 |
| 300 gm | 118,387,183.50 |
| 400 gm | 157,849,578.00 |
| 500 gm | 197,311,972.50 |
| 600 gm | 236,774,367.00 |
| 700 gm | 276,236,761.50 |
| 800 gm | 315,699,156.00 |
| 900 gm | 355,161,550.50 |
| 1000 gm | 394,623,945.00 |
Gold Price in Major Cities of Madagascar
| MGA/Gram | |
|---|---|
| Antananarivo | 394,623.95 |
| Toamasina | 394,623.95 |
| Antsirabe | 394,623.95 |
| Fianarantsoa | 394,623.95 |
| Mahajanga | 394,623.95 |
| Toliara | 394,623.95 |
| Antsiranana | 394,623.95 |
| Antanifotsy | 394,623.95 |
| Ambovombe | 394,623.95 |
| Ambilobe | 394,623.95 |
