Gold price per tola in Iceland
On November 6, 2026, one tola of 24K gold in Iceland is worth 184.927 ISK; 22K is 169.393 ISK and 18K is 138.695 ISK.
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Price per tola in ISK by karat
| Karat | Per tola | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 184.927 | 15.537,66 | 16.171,85 |
| 22K916 | 169.393 | 14.232,49 | 14.813,41 |
| 21K875 | 161.811 | 13.595,45 | 14.150,37 |
| 18K750 | 138.695 | 11.653,24 | 12.128,89 |
| 14K585 | 108.182 | 9.089,53 | 9.460,53 |
| 10K417 | 77.114,45 | 6.479,20 | 6.743,66 |
| 9K375 | 69.347,52 | 5.826,62 | 6.064,44 |
About this unit
A tola weighs 11.6638 grams (180 grains). It is the traditional gold unit in India, Pakistan, Nepal, Bangladesh and the Gulf, where 10-tola bars are popular.
Other units: gramtroy ouncekilogram
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ISK exchange rate
| 1 USD | 121,7534 ISK |
|---|---|
| 1 EUR | 136,7279 ISK |
| 1 GBP | 163,8861 ISK |
Gold spot price trend (USD/oz)
How the gold price in Iceland is calculated
We take the live spot price of 4,050.30 USD per troy ounce, divide it by 31.1035 to get 130.22 USD per gram of pure gold, and multiply by today’s exchange rate of 121,7534 ISK per dollar. That gives 15.854,75 ISK per gram for 24K. Lower karats are priced by their gold content.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in Iceland
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