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Gold Price in Every Weight Unit — April 30, 2020
International XAU/USD gold closed at $1,703 per troy ounce on this date, equivalent to $54.75 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 ($1,703/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 30, 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 30, 2020
Gold fell 0.04% from the prior trading session ($1,703.40 → $1,702.80 per ounce).
Akshaya Tritiya: One of the most important gold-buying days in the Hindu calendar — Indian households often buy gold for the day, treating it as auspicious for wealth and prosperity. India's monthly gold imports typically surge 20–40 percent in the month containing Akshaya Tritiya.
Thursday — a normal trading day. Weekly US initial jobless claims publish at 8:30 AM ET on Thursdays, occasionally producing intraday gold movement.
Day 121 of 366 · Q2 2020 · 33.1% 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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