What is the gold price in Taiwan?

Welcome to the gold price in Taiwan, and today's gold price is $1,950.2 New Taiwan Dollar per Gram. We are also providing different charts of gold in New Taiwan Dollar (TWD), where you can track the price information over different periods of time (e.g., Weekly, Monthly, Yearly and Historical).

How much gold is in a Taiwan tael bar?

In Taiwan, gold is still measured in the Taiwan Tael, with 1 Taiwan Teal = 37.5 grams. The system also uses a subdivision of a Tael, known as a cian, which is equal to 1/10 of a Tael, or 3.75 grams. Although the tael bar size is still popular, the 1 kilo bar size, as in most of Asia, is gaining ground as an investment bar standard. 1. Introduction

When did Taiwan dollar gold futures come out?

The TAIFEX US dollar gold futures contract was launched in March 2006, the New Taiwan Dollar (NTD) gold futures in January 2008, and NTD gold options in January 2009. The NTD gold futures product was launched in 2008 to meet local investor demand .

Why should you invest in gold in Taiwan?

Due to Taiwan’s economic growth, demand for gold could potentially increase in the years and decades ahead for both investment purposes as well as for industrial uses. For investment purposes, the metal can be bought in various forms including gold bars, gold coins, collectibles and even jewelry.