Gold are normally traded according to the precise weight of their fine gold content. It is calculated by multiplying the bar’s gross weight by its gold purity (or fineness).
Examples
1000 g bar with a millesimal purity of 995 has a fine gold weight of 995 g (1000 g x 0.995).
London Good Delivery bar weighing 401.125 oz bar with a millesimal purity of 995.8 has a fine gold weight of 399.440 oz (401.125 oz x 0.9958).
CONVERSION
Umar Al Khatab
1 Dinar = 4.25g = 916.6 = 22k
1 Dirham = 3 g perak= 999
10 dirhams = 7 dinars (mithqals)
International
1 g = 0.0321507465 troy oz
1kg = 32.1507465 troy oz
1 tonne = 32,150.70 troy oz
1 troy oz = 31.1034768 g
SPECIFICATIONS
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