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Historical Unit Breakdown

Gold Price in Every Weight Unit — April 7, 2023

International XAU/USD gold closed at $2,002 per troy ounce on this date, equivalent to $64.36 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$750.72

1 Mashaماشہ

1/12 Tola

0.972 g$62.56

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.82

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$750.72

1 Ana (Anna)আনা

1/16 Vori

0.729 g$46.92

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$64.36

1 Kilogramkg

Bulk trade

1,000 g$64,363

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$2,002

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$2,409

1 CN Tael

Mainland China

31.25 g$2,011

1 Mace

1/10 HK Tael

3.7429 g$240.90

1 Candareen

1/100 HK Tael

0.37429 g$24.09

1 Bahtบาท

Thailand

15.244 g$981.14

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,414

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$296.60

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$273.54

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$100.09

1 Graingr

1/480 Troy Oz

0.064799 g$4.17

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($2,002/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 (April 7, 2023 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 — April 7, 2023

Gold rose 0.00% from the prior trading session ($2,001.90 → $2,001.90 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 97 of 365 · Q2 2023 · 26.6% through the year

April 2023 gold market: Gold consolidates above $1,950

Range-bound

A firm hold near $2,000 after the March surge.

Gold held firm above $1,950 in April, briefly trading over $2,000, as the banking aftermath kept safe-haven demand alive and the dollar stayed soft. The metal consolidated its sharp March gains rather than extending them.

What drove gold in April 2023

  • lingering banking-sector stress
  • soft US dollar
  • steady central-bank demand
  • rate-cut expectations
Themes#banking aftermath#consolidation#central-bank demand

Key events in April 2023

  1. Apr 13Gold trades above $2,000 intraday before easing

What happened next

Gold made a fuller run at its record in early May amid debt-ceiling brinkmanship.

For gold buyers

April's steadiness near $2,000 showed the March rally had staying power, not just a panic spike.

Apr 7 across the years — 20202022

+17.2% over 2 years
20202022
YearApr 7 closevs prior
Apr 7, 2022$1,932.40+11.18%View
Apr 7, 2021$1,738.10+5.38%View
Apr 7, 2020$1,649.30View
Each row is the verified XAU/USD spot close for Apr 7 of that year. Click any row to open the full daily archive (with country tables for Apr 7, 2020+).