Tola

Unit of weight for gold on the Indian sub-continent. 1 tola = 0.375 ounces (11.1 grams) of 999 fineness usually marketed as ten tola bars (also 5 tolas); the 999 ten tola bars mainly go to India but also circulate widely in the Arabian Gulf States; 999.9 ten tola bars are sold in Saudi Arabia. Swiss refineries account for around fifty per cent of output, supported by UK, South African and Australian production.


Ten tola bars or 'biscuits' are
destined mainly for India
(Credit: courtesy PAMP S.A.)