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Historical Unit Breakdown

Gold Price in Every Weight Unit — March 16, 2021

International XAU/USD gold closed at $1,735 per troy ounce on this date, equivalent to $55.78 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$650.64

1 Mashaماشہ

1/12 Tola

0.972 g$54.22

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.78

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$650.64

1 Ana (Anna)আনা

1/16 Vori

0.729 g$40.66

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$55.78

1 Kilogramkg

Bulk trade

1,000 g$55,782

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,735

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,088

1 CN Tael兩

Mainland China

31.25 g$1,743

1 Mace錢

1/10 HK Tael

3.7429 g$208.78

1 Candareen分

1/100 HK Tael

0.37429 g$20.88

1 Bahtบาท

Thailand

15.244 g$850.33

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,092

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$257.06

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$237.07

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$86.75

1 Graingr

1/480 Troy Oz

0.064799 g$3.61

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,735/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 (March 16, 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 — March 16, 2021

Gold rose 0.66% from the prior trading session ($1,723.70 → $1,735.00 per ounce).

Tuesday — a normal trading day. Tuesday is also when the CFTC publishes Commitments of Traders data for the prior week, often producing intraday movement.

Day 75 of 365 · Q1 2021 · 20.5% through the year

March 2021 gold market: Gold bottoms as yields peak

Bearish

The year's low, set as the yield spike climaxed.

Gold slid to its 2021 low around $1,680 in early March as 10-year yields peaked near 1.75%. Once the yield surge stalled, the metal stabilised and clawed back toward $1,715 into month-end.

What drove gold in March 2021

  • 10-year yields peaking near 1.75%
  • strong US stimulus passage
  • firm dollar
  • fading safe-haven demand
Themes#rising yields#year low#stimulus

Key events in March 2021

  1. Mar 8Gold touches ~$1,680, its low for the year

What happened next

With yields topping out, gold rebounded steadily through the spring.

For gold buyers

March's low near $1,680 marked the bottom of gold's post-2020 correction — a level buyers would not see again that year.

Related months to read

May 2021 — inflation-driven rebound