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Historical Unit Breakdown

Gold Price in Every Weight Unit — February 7, 2021

International XAU/USD gold closed at $1,839 per troy ounce on this date, equivalent to $59.13 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$689.72

1 Mashaماشہ

1/12 Tola

0.972 g$57.48

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.18

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$689.72

1 Ana (Anna)আনা

1/16 Vori

0.729 g$43.11

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$59.13

1 Kilogramkg

Bulk trade

1,000 g$59,133

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,839

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,213

1 CN Tael兩

Mainland China

31.25 g$1,848

1 Mace錢

1/10 HK Tael

3.7429 g$221.33

1 Candareen分

1/100 HK Tael

0.37429 g$22.13

1 Bahtบาท

Thailand

15.244 g$901.42

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,217

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$272.50

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$251.31

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$91.96

1 Graingr

1/480 Troy Oz

0.064799 g$3.83

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,839/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 (February 7, 2021 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 — February 7, 2021

Gold rose 2.01% from the prior trading session ($1,803.00 → $1,839.23 per ounce).

Chinese New Year: Chinese gold demand surges in the lead-up to Lunar New Year as families exchange gold pendants, rings and bars. Year-on-year, China's January–February gold imports run 30–50 percent above other months.

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 38 of 365 · Q1 2021 · 10.4% through the year

February 2021 gold market: Surging bond yields hit gold

Bearish

A bond-market tantrum drove real yields and gold's opportunity cost higher.

Gold fell to around $1,730 in February as a sharp 'bond tantrum' pushed US 10-year Treasury yields up toward 1.5%. Rising real yields raised the opportunity cost of holding non-yielding gold even as the economic outlook brightened.

What drove gold in February 2021

  • 10-year yield surging toward 1.5%
  • reflation and stimulus expectations
  • rising real yields
  • ETF outflows
Themes#rising yields#bond tantrum#opportunity cost

Key events in February 2021

  1. Feb 25Bond selloff accelerates; gold drops with bullion ETFs

What happened next

The yield spike peaked in March, after which gold found a floor.

For gold buyers

February showed gold's sensitivity to real yields — a brighter economy plus rising rates is the metal's least favourable backdrop.