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Gold is familiar to us all, but not everyone knows how many trees, ounces, or tael 1kg of gold equals to. Let's explore together how many tael, money, and gold trees 1kg is below.
How many taels of gold are in 1 kg?
Conversion: How many trees, ounces, or tael for 1 kg of gold?
1 kg of gold = 26,666 ounces of gold = 26,666 gold trees = 266 taels
Trees, ounces, and taels are all units for measuring the weight of gold. Understanding the conversion from kilograms to ounces, taels, and gold trees will help you effectively buy, sell, and profit from gold.
According to the article How much does 1 tael of gold weigh?, we find:
- 1 tael of gold = 1 gold tree = 10 taels = 37.5 grams = 0.0375 kilograms
In which:
- 1 tael of gold = 10 phan of gold = 3.75 grams
- 1 phan of gold = 10 ly = 0.375 grams
- 1 ly = 10 zem = 0.0375 grams
- 1 zem = 10 mi = 0.00375 grams
Therefore
1 kg of gold = 26,666 taels of gold = 26,666 gold trees = 266 taels (meaning 1 kg of gold will approximately equal twenty-six gold trees, six taels, six phans of gold)
How much money is 1 kg of gold?
Gold is a precious and pure asset that remains unchanged over time. Gold is malleable and produces a distinct sound when struck. Nowadays, many items are made from gold such as figurines, bracelets, necklaces, earrings, etc. Depending on the gold content, we have different types of gold, such as Vietnamese gold, 24k gold, 18k gold, 14k gold, 10k gold, etc. Learn more about gold HERE
The price of gold is based on 24k gold, also known as 9999 gold. Compared to the global gold price, domestic gold is more expensive by a few hundred thousand dong per tael. Typically, the gold price fluctuates daily, and today's gold price is: 39.3 million dong per tael of gold.
Therefore,
- 1 phan of gold = 3.93 million dong
- 1 gold tree = 39.3 million dong
- 1 kg of gold = 1.048 million dong (One billion forty-eight million dong)
- 10kg of gold = 10.480 million dong (Ten billion four hundred eighty million dong)
Depending on the timing of the transaction, buying or selling gold may have different prices. However, gold prices are publicly listed at many stores, gold shops, and banks, making it easy for you to update whether gold prices are rising or falling for the most effective investment.
How heavy is a gold bar?
In the Vietnamese market, only SJC gold produces gold bars. One such gold bar produced by SJC weighs 1kg. Therefore, one gold bar corresponds to 26.6666 gold trees, priced at 1.048 million dong.
To differentiate between different types of gold, we need to rely on the compound ratios within the gold:
- Pure gold is either 9999 gold or 24k gold, with gold content reaching up to 99.99%
- White gold is a type of gold mixed with rare metals to enhance its beauty, increase hardness, and reduce cost.
In addition, there are 10k, 14k, 18k, 22k gold. Among them, 10k gold is called 4-year-old gold, 14k gold is called 6-year-old gold, 18k gold is called 7.5-year-old gold, and 22k gold is called 9-year-old gold.
However, the price of gold can fluctuate depending on the global gold price. Therefore, you should update the gold price regularly and understand how much 1kg of gold equals to in terms of trees, taels, and phans to invest in gold most effectively, benefiting in terms of value.
