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Historical Unit Breakdown

Gold Price in Every Weight Unit — October 24, 2021

International XAU/USD gold closed at $1,810 per troy ounce on this date, equivalent to $58.20 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$678.79

1 Mashaماشہ

1/12 Tola

0.972 g$56.57

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.07

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$678.79

1 Ana (Anna)আনা

1/16 Vori

0.729 g$42.42

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$58.20

1 Kilogramkg

Bulk trade

1,000 g$58,195

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,810

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,178

1 CN Tael兩

Mainland China

31.25 g$1,819

1 Mace錢

1/10 HK Tael

3.7429 g$217.82

1 Candareen分

1/100 HK Tael

0.37429 g$21.78

1 Bahtบาท

Thailand

15.244 g$887.13

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,182

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$268.18

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$247.33

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$90.50

1 Graingr

1/480 Troy Oz

0.064799 g$3.77

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,810/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 (October 24, 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 — October 24, 2021

Gold rose 0.10% from the prior trading session ($1,808.30 → $1,810.08 per ounce).

Diwali: The Hindu festival of lights is the largest annual gold-buying event in India. Dhanteras (two days before Diwali) is specifically dedicated to buying gold and silver. India sees billion-dollar surges in jewellery sales over the five-day Diwali season.

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 297 of 365 · Q4 2021 · 81.4% through the year

October 2021 gold market: Inflation worries steady gold

Range-bound

Inflation worries offset taper pressure.

Gold recovered toward $1,790–$1,800 in October as surging energy prices and persistent supply-chain disruptions drove inflation expectations higher, reviving some hedging demand even as the taper loomed.

What drove gold in October 2021

  • surging energy prices
  • rising inflation expectations
  • supply-chain disruptions
  • looming Fed taper
Themes#inflation#energy prices#supply chains

Key events in October 2021

  1. Oct 22Gold firms near $1,800 as inflation gauges climb

What happened next

November brought a sharp inflation-driven spike and an equally sharp reversal.

For gold buyers

October showed gold could still catch a bid on inflation fear, even with the Fed preparing to tighten.