How many taels is 1 gold coin?

Because of their small volume, yellow feces are less common than yellow thread and tree.

According to conversion, 1 gold coin = 1/10 tael of gold

Thus, 1 gold coin is equal to 0.1 tael of gold.

1 tael of gold = 3.75 grams = 10 gold coins

Therefore:

1 gold coin = 0.375 gram

Based on the above conventional unit of measurement, 10 gold coins are equivalent to 1 tael of gold.

Notes when buying small quantities of gold

Before buying gold in small quantities, customers need to pay attention to the following issues to ensure safety and efficiency.

Clearly define your gold buying goals

Determining the purpose of buying gold helps buyers determine the amount to buy, the brand and type of gold to choose. For example, if you want to make a profit, you should buy 5 taels of 9999 gold, if you buy it as a gift, you can buy 5 taels of western gold.

Choose reputable brands

Small quantities of gold are easily counterfeited, so customers should buy at reputable gold and silver stores.

Pay attention to warranty issues

When buying gold, customers need to pay special attention to the warranty issue. Because many people are scammed by tricks in warranty and repair services, especially with small quantities of gold. Some units will use excuses to not perform warranty or repair for a fee.

1 gold coin = 1/10 of a tael of gold. (Illustration)

Therefore, be sure to ask carefully about the warranty policy of gold products as well as how to buy and sell. It is best to sell gold where you buy it.

Research on domestic gold market

The buying and selling prices of gold in the Vietnamese market often differ quite significantly. Therefore, to avoid unprofitable buying and selling, customers should update the gold price regularly to know when to buy and when to sell.

What kind of gold should I buy?

Depending on the purity ratio, there are many different types of gold on the market. Each type of gold is suitable for each need and financial situation of the buyer. Therefore, customers need to determine the purpose of buying gold to choose the appropriate type of gold.

- 9999 Gold : This is a type of gold with a high purity of 99.99%. 9999 gold is less oxidized, does not blacken, does not corrode, and is often considered a good investment asset. If you buy it to accumulate for profit, this is the type of gold you should choose.

- Western gold : Western gold is the general name for gold with a lower purity than 9999 gold, including: 22K gold, 18K gold, 14K gold, 10K gold... Due to being mixed with some other metals, western gold has a higher hardness, suitable for making jewelry.

- White gold : A combination of pure gold with metals such as nickel, platinum... and a layer of rhodium on the outside, so white gold has a sparkling platinum color instead of the original gold color. White gold has high durability, resistance to friction, and scratches, and is popular for making jewelry.

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Source: https://vtcnews.vn/1-phan-vang-bang-bao-nhieu-chi-ar866636.html