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Gold Price in Every Weight Unit — July 9, 2020
International XAU/USD gold closed at $1,812 per troy ounce on this date, equivalent to $58.26 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 ($1,812/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 (July 9, 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 — July 9, 2020
Gold rose 0.06% from the prior trading session ($1,811.10 → $1,812.10 per ounce).
Thursday — a normal trading day. Weekly US initial jobless claims publish at 8:30 AM ET on Thursdays, occasionally producing intraday gold movement.
Day 191 of 366 · Q3 2020 · 52.2% through the year
July 2020 gold market: Gold smashes through $1,900 toward records
BullishA momentum surge to the doorstep of all-time highs.
July was explosive. Gold broke above $1,800 early and accelerated to challenge its 2011 record near $1,920 by month-end, driven by a sliding dollar, deeply negative real yields, and rising US–China tensions. It was gold's strongest month of an extraordinary year.
What drove gold in July 2020
- US dollar sliding to two-year lows
- real yields deeply negative
- US–China tensions escalating
- momentum and ETF buying
Key events in July 2020
- Jul 24Gold clears $1,900 as the dollar tumbles
- Jul 27Gold nears its 2011 record high around $1,920
What happened next
The July momentum carried straight into August's record-setting blow-off top.
For gold buyers
By late July the trade had become crowded; buyers chasing the breakout above $1,900 were entering right before the August blow-off top.
Related months to read