Understanding the 10 Tola Gold Bar Price in the UK

Gold has long been a symbol of wealth and financial stability. Among the various gold bar sizes, the 10 tola gold bar is a popular choice for investors and collectors, 10 tola gold bar price in uk especially in the UK. Its unique weight, cultural significance, and purity make it a valuable asset. This article explores the price, factors influencing its value, and considerations when buying a 10 tola gold bar in the UK. What is a 10 Tola Gold Bar? A tola is a traditional South Asian unit of weight commonly used for measuring gold. One tola equals 11.66 grams, so a 10 tola gold bar weighs 116.6 grams. This size is favored by investors due to its balance between affordability and substantial gold content. Current Price of a 10 Tola Gold Bar in the UK The price of a 10 tola gold bar fluctuates daily based on the global spot price of gold. As of recent market trends, the spot price of gold hovers around £48-£50 per gram. Therefore, the approximate cost of a 10 tola gold bar is: 116.6 grams x £48-£50 per gram = £5,600 to £5,830. Keep in mind that additional premiums for minting, branding, and purity certification may apply. Reputable brands like PAMP Suisse, Valcambi, and local UK dealers often add a markup ranging from 2% to 5%.