Gold Price per Gram 22K in Lithuania (916)

Last update: Sunday, 10 November 2024, 5:12 PM According to the time zone of Vilnius

233.60 Lithuanian Lita/Gram 22K
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79.11 U.S. Dollar/Gram 22K

Gold price per Gram 22K in Lithuania is 233.60 Lithuanian Lita (LTL) per Gram 22K.

This page shows the current today's gold price per Gram 22K in Lithuania in Lithuanian Lita (LTL). Gold karat 22 contains about 91.7% of gold. Gold 22K is also called 916 gold.

Gold Price per Gram 22K in Lithuania in Lithuanian Lita and Other Major Currencies

Gold Gram 22K
Lithuanian Lita 233.60
U.S. Dollar 79.11
Euro 73.81
British Pound 61.25

Gold Price Chart Lithuanian Lita/Gram 22K

Gold Price for 22K in Lithuania in Lithuanian Lita For Different Units (Weights)

Gold 22K
Ounce 22K 7,264.94
Gram 22K 233.60
Kilogram 22K 233,599.42
Tola 22K 2,724.35

Gold price in Lithuania in November 2024 in Lithuanian Lita/Gram 22K

Date Gold Gram 22K
9 November 2024 233.58 Lithuanian Lita
8 November 2024 234.58 Lithuanian Lita
7 November 2024 231.39 Lithuanian Lita
6 November 2024 238.46 Lithuanian Lita
5 November 2024 238.01 Lithuanian Lita
4 November 2024 238.62 Lithuanian Lita
3 November 2024 238.14 Lithuanian Lita
2 November 2024 237.98 Lithuanian Lita
1 November 2024 239.56 Lithuanian Lita
31 October 2024 242.28 Lithuanian Lita
29 October 2024 239.64 Lithuanian Lita
28 October 2024 237.93 Lithuanian Lita
27 October 2024 239.09 Lithuanian Lita
26 October 2024 238.91 Lithuanian Lita
25 October 2024 237.40 Lithuanian Lita
24 October 2024 238.04 Lithuanian Lita
23 October 2024 236.26 Lithuanian Lita
18 October 2024 236.02 Lithuanian Lita
17 October 2024 233.25 Lithuanian Lita
16 October 2024 232.09 Lithuanian Lita
15 October 2024 229.92 Lithuanian Lita
14 October 2024 231.43 Lithuanian Lita
11 October 2024 231.21 Lithuanian Lita
12 October 2024 231.45 Lithuanian Lita
11 October 2024 230.23 Lithuanian Lita
10 October 2024 227.22 Lithuanian Lita
9 October 2024 227.81 Lithuanian Lita
8 October 2024 230.23 Lithuanian Lita
7 October 2024 230.23 Lithuanian Lita
6 October 2024 230.84 Lithuanian Lita

How to Calculate the Price of Gram 22K Gold in Lithuania

  1. Find the current price of gold per ounce 24K

    Check the gold price in United States dollar per ounce 24K from a trusted source (e.g., 2,684)

  2. Convert the price of gold from United States dollar to Lithuanian Lita

    Assume the exchange rate is 3 Lithuanian Lita per United States dollar. Use the formula:

    Gold price in Lithuanian Lita = Gold price in United States dollar × United States dollar to Lithuanian Lita exchange rate
    Gold price in Lithuanian Lita = 2,684 × 3 = 7,926 Lithuanian Lita per ounce 24K
  3. Calculate the price per gram of 24K gold

    Since 1 ounce equals 31.1 grams, the price per gram of 24K gold is:

    Price per gram of 24K = Gold price in Lithuanian Lita / 31.1
    Price per gram of 24K = 7,926 / 31.1 ≈ 254.85 Lithuanian Lita
  4. Convert the price from 24K to 22K gold

    Since 22K gold is 22 parts gold out of 24, the price for 22K gold is:

    Price per Gram of 22K gold = Price per Gram of 24K gold × (22 / 24)
    Price per Gram of 22K gold = 254.85 × (22 / 24) ≈ 233.60 Lithuanian Lita
  5. Add the manufacturing cost

    Assume making charges are 65 Lithuanian Lita per gram. The final price is:

    Final price of Gram 22K gold = Price per Gram of 22K gold + Making charges
    Final price of Gram 22K gold = 233.60 + 65 = 298.60 Lithuanian Lita
  6. Conclusion

    The price of 1 Gram of 22K gold with making charges is approximately 298.60 Lithuanian Lita.

Gold Making Charges in Lithuania

The gold making charges in Lithuania can vary based on several factors, including the complexity of the design and the craftsmanship involved. Typically, these charges are expressed as a percentage of the gram price of gold. Generally, the making charge ranges from 10% to 25% of the gold price per gram.

For instance, if the current price of gold is €50 per gram, the making charges would typically be between €5 and €12.50 per gram. This means that when purchasing gold jewelry, a buyer may need to account for an additional cost that could bring the total price per gram to some extent higher than the market price of gold alone.

It is important for consumers to inquire about these charges at the point of sale, as they can vary by retailer. Understanding the absolute value in local currency per gram as well as the percentage relative to the price of gold can help buyers make informed decisions when investing in gold jewelry in Lithuania.