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Different from standard units of pure mass measurement (kg, g), the field of precious metals in Vietnam calculates the weight of gold and silver using units such as gold bars, gold trees, gold amounts, and gold fractions.
Instructions on how to convert 1 gold bar into gold amounts, gold fractions, and gold fractions.
So what is a gold fraction? How many gold ounces is equivalent to 1 gold bar? Find the answers on Mytour.vn in the article below.
How many gold ounces is equivalent to 1 gold bar
1. How many gold ounces is 1 gold bar equivalent to
As per the general convention, we have:
1 gold bar = 1 gold tael = 10 gold ounces or one gold bar equals ten gold ounces
Other common gold subdivision units:
- 1 gold tael = 1 gold bar = 37.50 grams
- 1 gold ounce = 1/10 gold tael = 3.75 grams
- 1 gold mace = 1/10 gold ounce = 0.375 gram gold
- 1 kilogram of gold = 16 gold taels (600 grams) = 26 gold bars of 6 taels each = 266 taels of gold
(1kg equals two hundred sixty-six gold taels)
Common gold subdivision units in Vietnam.
2. How much is 1 gold bar worth
As of 9 a.m. on October 22nd, the price of gold bullion in the country is quoted by the Doji Precious Metals Group at 4.154 million VND/tael (buying) and 4.174 million VND/tael (selling).
Given the current price of gold, we can easily answer user questions such as:
- How much is 1 gram of gold worth: 1 gram of gold = 4,154,000 VND or 1 gram of 9999 gold equals four million one hundred fifty-four thousand dong
- How much is 1 gold bar worth in 2019: 1 gold bar = 41.54 million VND or 1 9999 gold bar priced at forty-one million five hundred forty million dong
3. Learn more about gold
Gold is a chemical element symbolized by Au. In the currency field, gold is used as a commodity to exchange the value of products, services with each other. In addition, gold is also widely applied in beauty, jewelry, electronics,... (To learn more about gold, you can refer to the Wiki by clicking on this link )
Common types of gold in Vietnam.
