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Historical Unit Breakdown

Gold Price in Every Weight Unit — November 20, 2021

International XAU/USD gold closed at $1,861 per troy ounce on this date, equivalent to $59.84 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$697.92

1 Mashaماشہ

1/12 Tola

0.972 g$58.16

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.27

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$697.92

1 Ana (Anna)আনা

1/16 Vori

0.729 g$43.62

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$59.84

1 Kilogramkg

Bulk trade

1,000 g$59,836

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,861

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,240

1 CN Tael兩

Mainland China

31.25 g$1,870

1 Mace錢

1/10 HK Tael

3.7429 g$223.96

1 Candareen分

1/100 HK Tael

0.37429 g$22.40

1 Bahtบาท

Thailand

15.244 g$912.14

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,244

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$275.74

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$254.30

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$93.05

1 Graingr

1/480 Troy Oz

0.064799 g$3.88

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,861/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 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 — November 20, 2021

Gold rose 0.04% from the prior trading session ($1,860.30 → $1,861.10 per ounce).

Saturday — the international gold market is closed. Most retail jewellery markets, especially in Asia and the Middle East, see peak Saturday foot-traffic and physical trade activity.

Day 324 of 365 · Q4 2021 · 88.8% 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.