Gold Price in Myanmar per Ounce

1 Gold Ounce = 8,564,358.13 Myanma kyat

The following table shows the latest gold price in Myanmar in Myanma kyat (MMK) per Ounce. 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 Ounce are converted from USD to Myanma kyat according to the latest exchange rates where 1 USD = 3,247.99 Myanma kyat.

Ounce is a unit for weighing gold used in Jewelleries in Myanmar. Today, Tuesday 19 November 2024 in Myanmar, 1 Ounce of gold = 8,564,358.13 Myanma kyat.

Commonly Used Gold Ounce Karats in Myanmar

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 Ounce karats in Myanmar 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 Ounce 24K in Myanmar is 8,555,793.77 Myanma kyat.
• 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 Ounce 22K in Myanmar is 7,844,952.05 Myanma kyat.
• 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 Ounce 21K in Myanmar is 7,493,813.37 Myanma kyat.
• 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 Ounce 18K in Myanmar is 6,423,268.60 Myanma kyat.
• 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 Ounce 14K in Myanmar is 5,010,149.51 Myanma kyat.
• 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 Ounce 12K in Myanmar is 4,282,179.07 Myanma kyat.
• 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 Ounce 10K in Myanmar is 3,571,337.34 Myanma kyat.
• 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 Ounce 9K in Myanmar is 3,211,634.30 Myanma kyat.
• 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 Ounce 8K in Myanmar is 2,851,931.26 Myanma kyat.