United States · USD · September 1993

Gold Price in United StatesSeptember 1993

In September 1993, the gold price in United States closed at approximately $356 per troy ounce, equivalent to $133 per tola or $11 per gram. This represents a -3.68% change on the month ($369 open → $356 close).

-3.68% on the month

Open

$369

per troy ounce

Close

$356

per troy ounce

High

$369

per troy ounce

Low

$344

per troy ounce

All unit prices at September 1993 close — United States

UnitWeightClosing USD price
Troy ounce31.1035 g$356
Gram1.0000 g$11
10 grams10 g$114
Kilogram1,000 g$11,430
Tola11.664 g$133
USD prices computed from XAU/USD ($355.50/oz close) × 1993-end USD/USD rate (1). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at September 1993 close

KaratPer gramPer tola
24K$11$133
22K$10$122
21K$10$117
18K$9$100
14KUNITED STATES STD$7$78
10K$5$56

Daily gold price in USDSeptember 1993

25 trading days
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The United States gold market

The US retail gold market quotes per troy ounce for bullion and per pennyweight or gram for jewellery. 14K is the most common jewellery purity. Most states impose sales tax on jewellery; several (including Texas, Florida, and Washington) exempt investment-grade bullion above defined thresholds. The COMEX gold futures contract on CME Group is the single most-watched price reference globally.

Standard quote unit

troy ounce

Common purity

14K

Currency

USD ($)

Daily gold price — September 1993, United States

How United States gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The USD/USD exchange rate comes from exchangerate-api.com's 1993 year-end snapshot.

Conversion. Every USD figure on this page is computed as XAU/USD price × USD/USD rate. We use the year-end exchange rate consistently across all September 1993 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in United States, add the country-specific levies described in the “United Statesgold market” section above.

FAQ — United States gold price in September 1993

What was the gold price in United States in September 1993?

In September 1993, gold in United States opened at $369/oz and closed at $356/oz — a move of -3.68% on the month. Per tola: ≈$133; per gram: ≈$11; per 10g: ≈$114.

What was the 24K gold rate per tola in United States in September 1993?

The 24K gold rate per tola in United States at the September 1993 close was approximately $133, derived from international XAU/USD spot of $355.50/oz times the 1993-end USD/USD exchange rate of 1. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 14K gold rate per troy ounce in United States in September 1993?

United States's most-quoted retail standard is 14K per troy ounce. At the September 1993 close, that worked out to approximately $7 (14K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

USD prices on this page are computed from the verified international XAU/USD spot price for September 1993 (sourced from gold-api.com), multiplied by the 1993-end USD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The $ figures here represent the international gold spot price converted to USD at the 1993-end exchange rate. United States's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in United States? See live gold prices in United States with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 1993 archive or the USD-only September 1993 page with the country-by-country list at the bottom.

Other markets? Compare September 1993 prices across other major gold-trading countries: Pakistan, India, United Arab Emirates, Saudi Arabia, United Kingdom.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to USD at the 1993-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in United States before transacting.