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Historical Unit Breakdown

Gold Price in Every Weight Unit — September 27, 2020

International XAU/USD gold closed at $1,883 per troy ounce on this date, equivalent to $60.54 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

5 units
UnitWeightPrice (USD)

1 Tolaتولا · तोला

Pakistan, India, Nepal

11.664 g$706.17

1 Mashaماشہ

1/12 Tola

0.972 g$58.85

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.36

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$706.17

1 Ana (Anna)আনা

1/16 Vori

0.729 g$44.14

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$60.54

1 Kilogramkg

Bulk trade

1,000 g$60,543

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,883

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,266

1 CN Tael兩

Mainland China

31.25 g$1,892

1 Mace錢

1/10 HK Tael

3.7429 g$226.61

1 Candareen分

1/100 HK Tael

0.37429 g$22.66

1 Bahtบาท

Thailand

15.244 g$922.92

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,270

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$279.00

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$257.31

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$94.15

1 Graingr

1/480 Troy Oz

0.064799 g$3.92

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,883/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 (September 27, 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 — September 27, 2020

Gold rose 1.26% from the prior trading session ($1,859.70 → $1,883.10 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 271 of 366 · Q3 2020 · 74.0% through the year

September 2020 gold market: Correction as the dollar bounces

Bearish

An orderly post-record pullback on a dollar bounce.

Gold spent September digesting its record run, slipping toward $1,880 as the dollar staged a recovery and risk appetite wobbled. The pullback was orderly — a consolidation of 2020's enormous gains rather than a trend reversal.

What drove gold in September 2020

  • US dollar rebound
  • stalled stimulus negotiations
  • profit-taking
  • rising real yields off the lows
Themes#correction#US dollar strength#profit-taking

Key events in September 2020

  1. Sep 23Gold dips toward $1,880 as the dollar firms

What happened next

September's pullback gave way to two months of range-trading before the vaccine shock in November.

For gold buyers

September's orderly pullback offered re-entry for buyers who missed the summer surge, without signalling the bull market was over.