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Historical Unit Breakdown

Gold Price in Every Weight Unit — November 10, 2021

International XAU/USD gold closed at $1,859 per troy ounce on this date, equivalent to $59.78 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$697.29

1 Mashaماشہ

1/12 Tola

0.972 g$58.11

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.26

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$697.29

1 Ana (Anna)আনা

1/16 Vori

0.729 g$43.58

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$59.78

1 Kilogramkg

Bulk trade

1,000 g$59,781

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,859

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$2,238

1 CN Tael

Mainland China

31.25 g$1,868

1 Mace

1/10 HK Tael

3.7429 g$223.75

1 Candareen

1/100 HK Tael

0.37429 g$22.38

1 Bahtบาท

Thailand

15.244 g$911.30

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,242

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$275.49

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$254.07

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$92.97

1 Graingr

1/480 Troy Oz

0.064799 g$3.87

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,859/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 (November 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 — November 10, 2021

Gold rose 1.76% from the prior trading session ($1,827.30 → $1,859.40 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.

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

Day 314 of 365 · Q4 2021 · 86.0% through the year

November 2021 gold market: Inflation spike, then a hawkish reversal

Volatile

A hot-inflation spike undone by a hawkish Fed pivot.

Gold spiked above $1,870 in early November after a four-decade-high US inflation print, only to reverse hard as the Fed turned more hawkish and accelerated its taper. The metal gave back most of its gains by month-end.

What drove gold in November 2021

  • 40-year-high US CPI (Nov 10)
  • initial inflation-hedge spike
  • Fed accelerating the taper
  • Powell renomination and hawkish shift
Themes#inflation#Fed policy#taper acceleration

Key events in November 2021

  1. Nov 10US CPI hits a 40-year high; gold spikes above $1,870
  2. Nov 22Hawkish Fed signals knock gold back down

What happened next

Gold entered December range-bound as the Fed pivoted firmly toward 2022 rate hikes.

For gold buyers

November captured 2021 in miniature: gold rallied on inflation, then surrendered the gains to a hawkish Fed.