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Gold Price in Every Weight Unit — June 20, 2021
International XAU/USD gold closed at $1,787 per troy ounce on this date, equivalent to $57.44 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 ($1,787/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 (June 20, 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 — June 20, 2021
Gold rose 0.76% from the prior trading session ($1,773.10 → $1,786.63 per ounce).
Western wedding season: Western (especially US and European) gold and platinum jewellery demand peaks in May, June and December — combined wedding and gift seasons. US jewellery sales typically see 30–50 percent surges in these 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 171 of 365 · Q2 2021 · 46.8% through the year
June 2021 gold market: Hawkish Fed 'dot plot' slams gold
BearishA hawkish Fed projection erased the spring rally in days.
Gold dropped sharply in June, from near $1,900 to about $1,770, after the Federal Reserve's updated projections signalled earlier rate hikes than markets expected. The hawkish surprise lifted the dollar and real yields, hitting gold hard.
June's drop is a clean case study in how much the Fed's posture — not just its actions — moves gold. The central bank did not raise rates; it merely revised its 'dot plot' of projected future hikes. That shift was enough to send the dollar and real yields up and gold down over 6% in a few sessions. For inflation hedgers, it was a frustrating message: even with inflation running hot, a credibly hawkish Fed could cap gold by promising to defend price stability.
What drove gold in June 2021
- hawkish Fed dot-plot surprise (Jun 16)
- dollar and real-yield spike
- fading inflation-hedge demand
- long liquidation
Key events in June 2021
- Jun 16Fed projects earlier hikes; gold sells off sharply
What happened next
The hawkish shock left gold range-bound and vulnerable into the summer.
For gold buyers
June was a lesson in Fed sensitivity: even a shift in projections — not an actual hike — was enough to knock gold down over 6%.
Key terms this month
- Dot plot:
- The Fed's chart of individual policymakers' projections for future interest rates — a key signal of policy direction.
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