Are you wondering about the gold price in Tonga? You’re in the right spot. As of 30-Nov-2024 at 09:38:02 pm (Tongatapu time), gold costs 204.08 Tongan Pa’angas (TOP) per gram. Today, the price didn’t change much, showing a stable market.
The price for 24K gold per ounce is 6,347.86 TOP. And 1 kilo of gold is 204,088.14 TOP. The market is quite volatile, with a 2.51 TOP price change today. This info gives you a clear view of Tonga’s gold rates, helping you keep up with the local market.
Key Takeaways
- The current price of gold per gram in Tonga is 204.08 Tongan Pa’angas (TOP).
- The price of 24K gold per ounce is 6,347.86 TOP, and 1 kilo of gold costs 204,088.14 TOP.
- The market volatility status is very high, with today’s price fluctuation at 2.51 TOP.
- The Tonga gold market is experiencing relatively stable prices, with a -0% (-0.000) price change today.
- Staying informed about the local precious metals market can be valuable for investors and residents in Tonga.
Latest Gold Price Trends in Tonga
The Tongan gold prices and Tonga bullion prices have been changing a lot. The price of gold in Tonga went up to 205.28 Tongan paanga (TOP) per gram. It also went down to 202.77 TOP.
In the last 24 hours, the gold price didn’t change much. It only went down by -0.000 TOP.
Prices change based on how much gold you buy. For example, 5 grams of gold costs 1,020.42 TOP. But 100 grams costs 20,408.37 TOP. These changes show how the Tongan precious metals market is always moving.
It’s key to keep up with the latest gold price trends in Tonga.
| Gold Weight | Price (Tongan paanga) |
|---|---|
| 1 Ounce | 6,164.76 |
| 1 Gram | 198.22 |
| 1 Kilogram | 197,998.80 |
| 1 Tola | 2,309.47 |
This data shows how Tongan gold prices and Tonga bullion prices can change. It’s useful for investors and buyers. Keep an eye out for more news on the precious metals market in Tonga.
Understanding Gold Purity and Pricing in Tonga
Gold investment in Tonga needs you to know about purity and price. Gold purity is shown in karats. 24K gold is the purest, at 99.999% gold.
24K Gold Rates and Specifications
The price for 24K gold in Tonga is 200.18 Tongan paanga (TOP) per gram. This gold is very pure but soft. It’s not the best for jewelry.
Popular Karat Options and Their Prices
- 22K gold: 183.55 TOP/g, 91.7% pure gold
- 18K gold: 150.29 TOP/g, 75% pure gold
- 14K gold: 117.22 TOP/g, 58.5% pure gold
- 12K gold: 100.19 TOP/g, 50% pure gold
- 10K gold: 83.56 TOP/g, 41.7% pure gold
- 9K gold: 75.14 TOP/g, 37.5% pure gold
- 8K gold: 66.73 TOP/g, 33.3% pure gold
Price Variations by Purity Level
Gold prices in Tonga change with purity. The higher the karat, the more valuable. This is key for those in the Tongan gold market or jewelry.
Knowing about gold purity and prices in Tonga helps investors and buyers. They can make better choices in gold deals and investments.
Price of Gold in Tonga: Market Analysis
The Tonga gold market changes a lot every day. Gold prices go up and down to keep up with global trends. Right now, gold is 6,347.86 TOP per ounce in Tonga. It went down a tiny bit from yesterday.
Gold prices in Tonga can change a lot in one day. They can go as high as 6,385.16 TOP and as low as 6,307.00 TOP. This shows how the market reacts to big world events.
Gold prices vary based on how pure it is. The purest, 24-Karat gold, costs 6,347.86 TOP per ounce. Then there’s 23-Karat at 6,083.37 TOP and 22-Karat at 5,818.87 TOP. People like pure gold for its value and beauty.
Gold prices in Tonga have changed a lot over time. They can drop by 206.52 TOP or rise by 123.85 TOP. This makes it important to keep up with the market.
The Tonga gold market is also appealing because of its exchange rate. 1 USD is worth 2.39 TOP. This makes it a great place for gold lovers from around the world. Keeping up with the latest prices and trends is key to making smart choices.
| Metal | Price in Tonga |
|---|---|
| Gold | 6,347.86 TOP |
| Silver | 30.48 TOP |
| Platinum | 939.07 TOP |
| Palladium | 961.16 TOP |
Understanding the Tonga gold market is important for investors and buyers. By staying informed and making smart choices, they can make the most of the market. This helps them reach their financial goals.
Gold Weight Units and Conversions
When you invest in gold in Tonga, knowing the weight units is key. These units are measured in grams, ounces, and more. They help you understand the value in Tonga Pa’anga (TOP).
Common Gold Weight Measurements
- 1 gram of gold is like 0.03215 Troy ounces.
- 1 ounce (XAU) of gold is about 31.1 grams.
- 1 kilogram (kg) of gold is 32.15 Troy ounces or 1,000 grams.
- 1 tola is a unit from Asia, equal to 11.66 grams of gold.
- 1 baht is a Thai unit, equal to 15.16 grams of gold.
- 1 grain is a unit of weight, equal to 0.0648 grams of gold.
- 1 ratti is a traditional Indian unit, equal to 0.125 grams of gold.
Price per Different Gold Units in Tonga
The price of gold in Tonga changes with the unit. Here are some current prices:
| Unit | Price (TOP) |
|---|---|
| 1 ounce (XAU) | 6,347.86 |
| 1 kilogram (kg) | 204,088.14 |
| 1 tola | 2,380.45 |
| 1 baht | 3,002.22 |
Conversion Rates and Calculations
To change gold units, use these rates:
- 1 kilogram (kg) of gold = 1,000 grams
- 1 kilogram (kg) of 24K gold = 204,083.70 TOP
These rates help you figure out your gold’s value in Tonga Pa’anga (TOP).
Tongan Pa’anga to USD Exchange Impact
The exchange rate between the Tongan Pa’anga (TOP) and the US Dollar (USD) is very important. It affects the price of gold in Tonga. As of November 30, 2024, 1 USD is equal to 2.39 TOP. This means changes in the USD/TOP rate can change gold prices in Tonga a lot.
For those who want to invest in Tongan gold, it’s key to watch both gold prices and currency rates. Tongan gold prices, Tonga gold trading, and the price of gold in Tonga all depend on the Pa’anga’s strength against the US Dollar.
| Currency Pair | Exchange Rate (as of 30-Nov-2024) |
|---|---|
| USD/TOP | 1 USD = 2.3945 TOP |
| TOP/USD | 1 TOP = 0.4176 USD |
| TOP/AED | 1 TOP = 1.5339 AED |
| AED/TOP | 1 AED = 0.6519 TOP |
Watching the exchange rate closely helps investors predict and adjust to changes in Tongan gold prices, Tonga gold trading, and the price of gold in Tonga. This knowledge can help them make better choices and take advantage of good market times.
“Understanding the Tongan Pa’anga to USD exchange rate is crucial for anyone interested in the Tongan gold prices and Tonga gold trading market.”
Historical Gold Price Performance
The Tonga gold market has seen some interesting price changes lately. Looking at past trends helps us understand how gold prices move in Tonga.
Recent Price Trends
The gold price per gram in Tonga is now 204.08 Tongan Pa’anga (TOP). The price has changed a bit, going down by -0.3% to up by +0.5% in recent days.
Monthly Price Analysis
Looking at monthly trends, we see both stable and sudden price changes. For example, the price dropped by -3.2% then went up by +1.6% in a short time. This kind of change is common in the Tonga gold market.
Market Movement Patterns
The Tongan gold prices change a lot, sometimes by up to 2.51 TOP per gram in one day. This shows how fast and unpredictable gold prices can be in Tonga. Investors need to be quick to adjust their plans.
“Navigating the Tongan gold prices requires a keen eye on the market trends and a willingness to adjust one’s approach accordingly.”
Gold Investment Options in Tonga
In Tonga, investors have many gold investment choices. The local jewelry market has gold products in different karats. This lets investors pick between purity and price.
Physical Tonga bullion prices for gold coins and bars change with weight. You can invest in anything from 1 gram to 1000 grams.
For those wanting financial gold investment Tonga options, there are many products. These include ETFs, futures contracts, and more. They let you invest in gold without needing to hold it physically.
It’s key for Tongan investors to know about gold purity and prices. The most valuable gold is 24-karat. But, 18-karat and 14-karat gold is also common in the Tongan jewelry market.
| Investment Option | Advantages | Disadvantages |
|---|---|---|
| Physical Gold (Coins, Bars) |
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| Gold-Linked Financial Products |
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| Tongan Jewelry Market |
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When thinking about gold investment Tonga, weigh each option’s pros and cons. Match your goals and get expert advice for a smart choice.
Precious Metals Market Overview
The precious metals market in Tonga includes gold, silver, platinum, and palladium. Gold is the most popular choice for investors. Prices for gold are usually higher than other metals. It’s important to understand the market to make good investment choices.
Gold vs Other Precious Metals
Gold is the top choice in Tonga’s precious metals market. Its price is 203.53 TOP per gram for 24K. But, silver, platinum, and palladium are also important. Each metal has its own special qualities.
It’s key to look at their market trends and performance. This helps find the best investment opportunities.
Market Correlations
The Tongan precious metals market is affected by global economic factors. This leads to price correlations between metals. Watching these correlations helps investors make better choices. The performance of one metal can affect others.
Investment Comparisons
Gold is a stable and attractive investment in Tonga. Its price per gram (203.53 TOP for 24K) is higher than other metals. Gold is a reliable value and a safe choice against economic uncertainty.