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Historical Unit Breakdown

Gold Price in Every Weight Unit — July 22, 2022

International XAU/USD gold closed at $1,737 per troy ounce on this date, equivalent to $55.85 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$651.39

1 Mashaماشہ

1/12 Tola

0.972 g$54.28

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.79

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$651.39

1 Ana (Anna)আনা

1/16 Vori

0.729 g$40.71

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$55.85

1 Kilogramkg

Bulk trade

1,000 g$55,846

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,737

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$2,090

1 CN Tael

Mainland China

31.25 g$1,745

1 Mace

1/10 HK Tael

3.7429 g$209.03

1 Candareen

1/100 HK Tael

0.37429 g$20.90

1 Bahtบาท

Thailand

15.244 g$851.31

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,094

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$257.35

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$237.34

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$86.85

1 Graingr

1/480 Troy Oz

0.064799 g$3.62

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,737/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 22, 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 22, 2022

Gold rose 1.87% from the prior trading session ($1,705.10 → $1,737.00 per ounce).

Friday — typically a higher-volatility close to the week. US monthly non-farm payrolls publish on the first Friday of each month at 8:30 AM ET, the single most-watched economic data release for gold.

Day 203 of 365 · Q3 2022 · 55.6% 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.

Jul 22 across the years — 20202021

-2.9% over 1 years
20202021
YearJul 22 closevs prior
Jul 22, 2021$1,799.50-2.86%View
Jul 22, 2020$1,852.40View
Each row is the verified XAU/USD spot close for Jul 22 of that year. Click any row to open the full daily archive (with country tables for Jul 22, 2020+).