Glossary

Tola

A traditional South Asian weight unit for gold, equal to 11.6638038 grams.

Definition

The tola is the customary weight unit for gold across India, Pakistan, Bangladesh and Nepal. One tola equals 11.6638038 grams — historically 180 grains. Local dealers still quote per tola even though the international market prices per troy ounce.

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Where this matters

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