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Historical Unit Breakdown

Gold Price in Every Weight Unit — October 19, 2022

International XAU/USD gold closed at $1,632 per troy ounce on this date, equivalent to $52.46 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$611.90

1 Mashaماشہ

1/12 Tola

0.972 g$50.99

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$6.37

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$611.90

1 Ana (Anna)আনা

1/16 Vori

0.729 g$38.24

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$52.46

1 Kilogramkg

Bulk trade

1,000 g$52,460

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,632

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$1,964

1 CN Tael

Mainland China

31.25 g$1,639

1 Mace

1/10 HK Tael

3.7429 g$196.35

1 Candareen

1/100 HK Tael

0.37429 g$19.64

1 Bahtบาท

Thailand

15.244 g$799.71

1 Luong (Lượng)lượng

Vietnam

37.5 g$1,967

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$241.75

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$222.96

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$81.58

1 Graingr

1/480 Troy Oz

0.064799 g$3.40

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,632/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 (October 19, 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 — October 19, 2022

Gold fell 1.29% from the prior trading session ($1,653.00 → $1,631.70 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 292 of 365 · Q4 2022 · 80.0% through the year

October 2022 gold market: Gold scrapes multi-year lows

Bearish

Heavy trade near multi-year lows on dollar and yield pressure.

Gold traded heavily around $1,640 in October 2022, near its lowest levels in over two years, as a still-strong dollar, a fourth jumbo Fed hike on the horizon, and surging global yields kept pressure on. Resilient physical demand quietly cushioned the lows.

What drove gold in October 2022

  • dollar near 20-year highs
  • expectations of a fourth +75bp hike
  • surging global bond yields
  • supportive physical and central-bank demand
Themes#US dollar strength#Fed policy#multi-year lows

Key events in October 2022

  1. Oct 21Gold hovers near $1,640 as yields and the dollar stay elevated

What happened next

November's softer inflation print finally sparked a sharp reversal off the lows.

For gold buyers

October's grind near $1,640 was peak pessimism in dollars — the bottom from which gold would rebound strongly.