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Historical Unit Breakdown

Gold Price in Every Weight Unit — August 11, 2021

International XAU/USD gold closed at $1,744 per troy ounce on this date, equivalent to $56.06 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$653.86

1 Mashaماشہ

1/12 Tola

0.972 g$54.49

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.81

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$653.86

1 Ana (Anna)আনা

1/16 Vori

0.729 g$40.87

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$56.06

1 Kilogramkg

Bulk trade

1,000 g$56,058

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,744

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,098

1 CN Tael兩

Mainland China

31.25 g$1,752

1 Mace錢

1/10 HK Tael

3.7429 g$209.82

1 Candareen分

1/100 HK Tael

0.37429 g$20.98

1 Bahtบาท

Thailand

15.244 g$854.55

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,102

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$258.33

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$238.25

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$87.18

1 Graingr

1/480 Troy Oz

0.064799 g$3.63

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,744/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 (August 11, 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 — August 11, 2021

Gold rose 1.17% from the prior trading session ($1,723.40 → $1,743.60 per ounce).

Wednesday — a normal trading day. FOMC announcements (when scheduled) typically come on Wednesdays at 2 PM ET, often producing intraday gold volatility.

Day 223 of 365 · Q3 2021 · 61.1% through the year

August 2021 gold market: A violent 'flash crash' low

Volatile

A thin-liquidity air-pocket spike low that quickly reversed.

Gold suffered a sudden flash crash in early August, briefly plunging toward $1,680 in thin, illiquid Asian trading before snapping back. The spike low marked the year's bottom and washed out weak hands before a steadier autumn.

What drove gold in August 2021

  • thin-liquidity flash crash (Aug 9)
  • strong US jobs data lifting yields
  • stop-loss cascade
  • rapid recovery
Themes#flash crash#liquidity#year low

Key events in August 2021

  1. Aug 9Gold flash-crashes toward $1,680, then rebounds

What happened next

Gold recovered to ~$1,810 and traded heavily as taper talk intensified.

For gold buyers

The August flash crash was a classic liquidity air-pocket — those who bought the spike low near $1,680 caught 2021's bottom.