Carat (mass) g or possibly up to 5 g less. Therefore, the metric equivalent of 1 "siliqua" was approximately 189 mg. The Greeks had a similar unit of the same value. Gold fineness in carats comes from carats and grains of gold in a solidus of coin. The conversion rates 1 solidus = 24 carats, 1 carat = 4 grains still stand. Woolhouse's "Measures, Weights and Moneys of all Nations" gives gold fineness in carats of 4 grains, and silver in pounds of 12 troy ounces of 20 pennyweight each. Carat (mass) The carat (ct) (not to be confused with the karat,
Gold standard grams of pure (24-carat) gold. Mahathir claimed it would be a stable unit of account and a political symbol of unity between Islamic nations. This would purportedly reduce dependence on the US dollar and establish a non-debt-backed currency in accord with Sharia law that prohibited the charging of interest. the global monetary system continued to rely on the US dollar as the main reserve currency. Former U.S. Federal Reserve Chairman, Alan Greenspan acknowledged he was one of "a small minority" within the central bank that had some positive view on the gold standard. In a 1966 essay he contributed to