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Gold Price in Every Weight Unit — April 4, 2020
International XAU/USD gold closed at $1,613 per troy ounce on this date, equivalent to $51.86 per gram. The table below converts that reference value into every major regional gold weight unit — from the South Asian Tola, Masha and Rattito Bangladesh's Vori, Thailand's Baht, Vietnam's Lượng, Iran's Mesghal, and the Chinese Tael, Mace and Candareen.
South Asian
1 Tolaتولا · तोला
Pakistan, India, Nepal
1 Mashaماشہ
1/12 Tola
1 Rattiرتی
1/96 Tola · gemstones
1 Vori (Bhori)ভরি
Bangladesh
1 Ana (Anna)আনা
1/16 Vori
Metric & Global
1 Gramg
Worldwide standard
1 Kilogramkg
Bulk trade
1 Troy Ounceoz t
LBMA bullion standard
East & Southeast Asian
1 HK Tael兩
Hong Kong, Macau
1 CN Tael兩
Mainland China
1 Mace錢
1/10 HK Tael
1 Candareen分
1/100 HK Tael
1 Bahtบาท
Thailand
1 Luong (Lượng)lượng
Vietnam
Middle Eastern
1 Mesghalمثقال
Iran
1 Mithqalمثقال
Saudi, UAE, Egypt
Imperial & Western
1 Pennyweightdwt
1/20 Troy Oz
1 Graingr
1/480 Troy Oz
How to read this historical table
Every price above is derived directly from the international XAU/USD spot rate on this date ($1,613/oz) using fixed weight constants — 1 troy ounce = 31.1035 g, 1 tola = 11.664 g, 1 baht = 15.244 g, 1 lượng = 37.5 g, 1 mesghal = 4.6083 g, and so on. These multipliers are mathematical, not market estimates, so the conversions are exact.
Prices are shown in US dollars only. Historical local-currency gold rates depended on the exchange rate at the time (April 4, 2020 rates for PKR, INR, AED and others were materially different from today). For an accurate same-date local-currency value, see the country-specific archive link below this section when available.
The figures are pure metal value at international parity — they do not include the import duty, VAT/GST, jeweller making charges, or dealer margin that would have applied at retail counters on this date. For wedding-jewellery or coin pricing context, retail in 22K commonly added 5–15% on top of the spot value shown here.
On this day — April 4, 2020
Gold fell 0.23% from the prior trading session ($1,616.80 → $1,613.10 per ounce).
Saturday — the international gold market is closed. Most retail jewellery markets, especially in Asia and the Middle East, see peak Saturday foot-traffic and physical trade activity.
Day 95 of 366 · Q2 2020 · 26.0% through the year
April 2020 gold market: Stimulus ignites a powerful gold rally
BullishA clean breakout to eight-year highs on stimulus.
With central banks and governments deploying trillions in stimulus, gold surged through April to about $1,700 — its highest level since 2012. Collapsing real interest rates and fears of currency debasement made non-yielding gold newly attractive, and physical demand for bars and coins overwhelmed many retail dealers.
What drove gold in April 2020
- trillions in fiscal & monetary stimulus
- real yields turning deeply negative
- currency-debasement fears
- retail bullion shortages
Key events in April 2020
- Apr 14Gold clears $1,700 for the first time since 2012
What happened next
The breakout above $1,700 opened a clear path toward the 2011 record that gold would challenge by July.
For gold buyers
April confirmed the new regime: with real yields negative, gold's lack of a coupon stopped being a disadvantage.
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