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Historical Unit Breakdown

Gold Price in Every Weight Unit — May 10, 2021

International XAU/USD gold closed at $1,841 per troy ounce on this date, equivalent to $59.17 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$690.20

1 Mashaماشہ

1/12 Tola

0.972 g$57.52

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.19

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$690.20

1 Ana (Anna)আনা

1/16 Vori

0.729 g$43.14

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$59.17

1 Kilogramkg

Bulk trade

1,000 g$59,173

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,841

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,215

1 CN Tael兩

Mainland China

31.25 g$1,849

1 Mace錢

1/10 HK Tael

3.7429 g$221.48

1 Candareen分

1/100 HK Tael

0.37429 g$22.15

1 Bahtบาท

Thailand

15.244 g$902.04

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,219

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$272.69

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$251.49

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$92.02

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 ($1,841/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 (May 10, 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 — May 10, 2021

Gold fell 0.27% from the prior trading session ($1,845.54 → $1,840.50 per ounce).

Akshaya Tritiya: One of the most important gold-buying days in the Hindu calendar — Indian households often buy gold for the day, treating it as auspicious for wealth and prosperity. India's monthly gold imports typically surge 20–40 percent in the month containing Akshaya Tritiya.

Monday — typically a high-volume trading day as markets digest weekend news. Asian gold imports often see Monday surges in major demand countries.

Day 130 of 365 · Q2 2021 · 35.6% through the year

May 2021 gold market: Inflation fears drive gold to $1,900

Bullish

Hot inflation data revived gold's inflation-hedge appeal.

Gold rallied strongly to around $1,900 in May after a much hotter-than-expected April US inflation report stoked fears that price pressures would prove persistent. A weaker dollar amplified the move.

What drove gold in May 2021

  • hot April US CPI (released mid-May)
  • weaker US dollar
  • inflation-hedge demand
  • Fed insisting inflation was 'transitory'
Themes#inflation#inflation hedge#US dollar weakness

Key events in May 2021

  1. May 12Hot US CPI print stokes inflation fears; gold rallies

What happened next

The rally stalled abruptly in June when the Fed turned hawkish.

For gold buyers

May was gold's best stretch of 2021 — proof the metal still rallied hard on inflation, until the Fed pushed back.