G

Goldify Pro

Live Gold Rates & Tools

Historical Unit Breakdown

Gold Price in Every Weight Unit — December 4, 2021

International XAU/USD gold closed at $1,768 per troy ounce on this date, equivalent to $56.83 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$662.86

1 Mashaماشہ

1/12 Tola

0.972 g$55.24

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.90

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$662.86

1 Ana (Anna)আনা

1/16 Vori

0.729 g$41.43

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$56.83

1 Kilogramkg

Bulk trade

1,000 g$56,830

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,768

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,127

1 CN Tael兩

Mainland China

31.25 g$1,776

1 Mace錢

1/10 HK Tael

3.7429 g$212.71

1 Candareen分

1/100 HK Tael

0.37429 g$21.27

1 Bahtบาท

Thailand

15.244 g$866.31

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,131

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$261.89

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$241.53

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$88.38

1 Graingr

1/480 Troy Oz

0.064799 g$3.68

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,768/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 (December 4, 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 — December 4, 2021

Gold rose 0.15% from the prior trading session ($1,765.00 → $1,767.60 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 338 of 365 · Q4 2021 · 92.6% through the year

December 2021 gold market: Range-bound into a hawkish year-end

Range-bound

A hawkish Fed capped a down year for gold.

Gold traded sideways near $1,800 in December as the Omicron variant and a decisively hawkish Fed — accelerating its taper and projecting three 2022 rate hikes — kept the metal boxed in. Gold closed 2021 around $1,829, down roughly 3.6% on the year.

What drove gold in December 2021

  • Fed accelerating taper, projecting 2022 hikes
  • Omicron uncertainty
  • firm dollar
  • negative real yields cushioning the downside
Themes#Fed policy#Omicron#year-end

Key events in December 2021

  1. Dec 15Fed doubles taper pace and projects three 2022 hikes

What happened next

The hawkish setup carried into early 2022 — until war in Ukraine upended everything.

For gold buyers

Down about 3.6% on the year, 2021 was gold's pause that refreshed — a year of digestion after 2020's record run.