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Historical Unit Breakdown

Gold Price in Every Weight Unit — July 10, 2022

International XAU/USD gold closed at $1,745 per troy ounce on this date, equivalent to $56.09 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$654.24

1 Mashaماشہ

1/12 Tola

0.972 g$54.52

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.82

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$654.24

1 Ana (Anna)আনা

1/16 Vori

0.729 g$40.89

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$56.09

1 Kilogramkg

Bulk trade

1,000 g$56,091

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,745

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,099

1 CN Tael兩

Mainland China

31.25 g$1,753

1 Mace錢

1/10 HK Tael

3.7429 g$209.94

1 Candareen分

1/100 HK Tael

0.37429 g$20.99

1 Bahtบาท

Thailand

15.244 g$855.05

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,103

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$258.48

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$238.39

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$87.23

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 ($1,745/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 (July 10, 2022 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 — July 10, 2022

Gold rose 0.37% from the prior trading session ($1,738.20 → $1,744.62 per ounce).

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 191 of 365 · Q3 2022 · 52.3% through the year

July 2022 gold market: Gold breaks below $1,700

Bearish

A break below $1,700 on relentless dollar strength.

Gold fell hard in July, slipping under $1,700 to around $1,680 as the dollar surged to two-decade highs and the Fed delivered another 75-point hike. It was one of the weakest stretches of the year for the metal.

What drove gold in July 2022

  • second consecutive +75bp Fed hike
  • dollar at 20-year highs
  • real yields rising sharply
  • ETF outflows
Themes#US dollar strength#Fed policy#rate hikes

Key events in July 2022

  1. Jul 21Gold breaks below $1,700 on dollar strength

What happened next

Dollar strength kept pressuring gold to a September low near $1,620.

For gold buyers

July's break below $1,700 marked peak pessimism for dollar-based buyers — though local-currency buyers in weak-currency countries felt far less pain.