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Historical Unit Breakdown

Gold Price in Every Weight Unit — September 11, 2022

International XAU/USD gold closed at $1,735 per troy ounce on this date, equivalent to $55.79 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$650.70

1 Mashaماشہ

1/12 Tola

0.972 g$54.23

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.78

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$650.70

1 Ana (Anna)আনা

1/16 Vori

0.729 g$40.67

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$55.79

1 Kilogramkg

Bulk trade

1,000 g$55,787

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,735

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,088

1 CN Tael兩

Mainland China

31.25 g$1,743

1 Mace錢

1/10 HK Tael

3.7429 g$208.81

1 Candareen分

1/100 HK Tael

0.37429 g$20.88

1 Bahtบาท

Thailand

15.244 g$850.42

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,092

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$257.08

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$237.10

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$86.76

1 Graingr

1/480 Troy Oz

0.064799 g$3.61

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,735/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 (September 11, 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 — September 11, 2022

Gold rose 1.27% from the prior trading session ($1,713.40 → $1,735.18 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 254 of 365 · Q3 2022 · 69.6% through the year

September 2022 gold market: Multi-year lows as the dollar peaks

Bearish

The year's low, driven by a 20-year-high dollar.

Gold sank to its 2022 low around $1,620 in September as the US Dollar Index climbed above 114 — a 20-year high — and the Fed hiked 75 points for a third straight meeting. Dollar strength, not gold weakness, did most of the damage.

What drove gold in September 2022

  • third straight +75bp Fed hike
  • US Dollar Index above 114 (20-year high)
  • global currency stress
  • UK gilt crisis spillover
Themes#US dollar strength#Fed policy#currency stress

Key events in September 2022

  1. Sep 21Fed hikes 75bp again; gold heads to ~$1,620
  2. Sep 28Dollar peaks near 114 as UK bond market wobbles

What happened next

As the dollar peaked, gold staged a powerful rebound from November onward.

For gold buyers

September was gold's 2022 bottom in dollars — a reminder that a soaring dollar can mask gold's resilience in almost every other currency.

Related months to read

Nov 2022 — the rebound