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The main commodities traded on the Exchange have been Gold, Silver and Crude Oil. There are various contracts in each. Gold has eight contracts namely Gold 1 ounce, Gold 100 ounce, Gold 1 Tola, Gold 50 Tola, Gold 100 tola, Gold Kilo, Gold 100 g, and Minigold 10 g. Tola gold and minigold are deliverable contracts.
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
The tola formed the base for units of mass under the British Indian system, and was also the standard measure of gold and silver bullion. [1] Although the tola has been officially replaced by metric units since 1956, [ 8 ] it is still in current use, and is a popular denomination for gold bullion bars in Bangladesh , India , Nepal , Pakistan ...
Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
The gold price was determined to be £4 18/9 (GBP 4.9375) per troy ounce. The New York gold price was US$19.39. The first few fixings were conducted by telephone until the members started meeting at the Rothschild offices in New Court, St Swithin's Lane.
In Reko Diq, Balochistan, deposits of copper and gold are present. Antofagasta, the company which possesses the Reqo Diq field, is targeting an initial production of 170,000 metric tons of copper and 300,000 ounces of gold a year. The project may produce more than 350,000 tons a year of copper and 900,000 ounces of gold.
Gold dinar of Umayyad Caliph Abd al-Malik ibn Marwan, minted at Damascus, Syria in AH 75 (697/698 CE), having a weight of almost 1 mithqāl (4.25 grams) Mithqāl ( Arabic : مثقال ) is a unit of mass equal to 4.25 grams (0.137 ozt ) which is mostly used for measuring precious metals, such as gold , and other commodities, like saffron .
[citation needed] The total revenue of the state in 1901 was 36-42 lakhs when the price of 1 tola gold is 20 British Rupee. [citation needed] In 1901, state's income was 6 lakhs and second part of its revenue was the collection of tax from other state's Nawabs and Maharajahs, who used the routes of Tanawal and Attock for visiting other countries.