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Gold Price in Every Weight Unit — July 26, 2020
International XAU/USD gold closed at $1,946 per troy ounce on this date, equivalent to $62.55 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 ($1,946/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 26, 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 26, 2020
Gold rose 2.29% from the prior trading session ($1,902.10 → $1,945.65 per ounce).
Sunday — the international gold market is closed. Spot quotes carry forward from the prior Friday close. Retail rates in jewellery markets may differ slightly based on local Sunday hours.
Day 208 of 366 · Q3 2020 · 56.8% 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