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Historical Unit Breakdown

Gold Price in Every Weight Unit — August 10, 2022

International XAU/USD gold closed at $1,795 per troy ounce on this date, equivalent to $57.71 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$673.17

1 Mashaماشہ

1/12 Tola

0.972 g$56.10

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.01

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$673.17

1 Ana (Anna)আনা

1/16 Vori

0.729 g$42.07

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$57.71

1 Kilogramkg

Bulk trade

1,000 g$57,714

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,795

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,160

1 CN Tael兩

Mainland China

31.25 g$1,804

1 Mace錢

1/10 HK Tael

3.7429 g$216.02

1 Candareen分

1/100 HK Tael

0.37429 g$21.60

1 Bahtบาท

Thailand

15.244 g$879.79

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,164

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$265.96

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$245.28

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$89.75

1 Graingr

1/480 Troy Oz

0.064799 g$3.74

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,795/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 (August 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 — August 10, 2022

Gold fell 0.01% from the prior trading session ($1,795.30 → $1,795.10 per ounce).

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

Day 222 of 365 · Q3 2022 · 60.8% through the year

August 2022 gold market: A brief bounce undone at Jackson Hole

Bearish

A mid-month bounce crushed by a hawkish Jackson Hole.

Gold bounced toward $1,800 in early August 2022 on hopes of a Fed slowdown, but the rally reversed hard after Chair Powell's hawkish Jackson Hole speech on August 26 reaffirmed the central bank's commitment to crushing inflation. The metal slid back toward $1,710 by month-end.

What drove gold in August 2022

  • early-month Fed-slowdown hopes
  • hawkish Powell Jackson Hole speech (Aug 26)
  • rising real yields
  • firm dollar
Themes#Fed policy#Jackson Hole#rising yields

Key events in August 2022

  1. Aug 26Powell's hawkish Jackson Hole speech reverses gold's bounce

What happened next

The renewed hawkishness drove gold to its 2022 low the following month.

For gold buyers

August was a bull trap — the early bounce evaporated the moment the Fed reasserted its resolve.