Macau · MOP · April 2023

Gold Price in MacauApril 2023

In April 2023, the gold price in Macau closed at approximately MOP$16,140 per troy ounce, equivalent to MOP$6,052 per tola or MOP$519 per gram. This represents a +0.32% change on the month (MOP$16,089 open → MOP$16,140 close).

+0.32% on the month

Open

MOP$16,089

per troy ounce

Close

MOP$16,140

per troy ounce

High

MOP$16,481

per troy ounce

Low

MOP$15,879

per troy ounce

All unit prices at April 2023 close — Macau

UnitWeightClosing MOP price
Troy ounce31.1035 gMOP$16,140
Gram1.0000 gMOP$519
10 grams10 gMOP$5,189
Kilogram1,000 gMOP$518,902
Tola11.664 gMOP$6,052
MOP prices computed from XAU/USD ($2,006.07/oz close) × 2023-end MOP/USD rate (8.0454). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2023 close

KaratPer gramPer tola
24KMACAU STDMOP$518MOP$6,046
22KMOP$475MOP$5,544
21KMOP$454MOP$5,296
18KMOP$389MOP$4,539
14KMOP$304MOP$3,541
10KMOP$216MOP$2,524

Daily gold price in MOPApril 2023

26 trading days
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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 in Macau

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

The 2023 gold market: Banking crisis and another record CB buy year

Silicon Valley Bank failed in March 2023, followed by Credit Suisse rescue. Gold rallied to $2,072 in May, then traded $1,820–$2,090 through year-end. Central banks bought another 1,037 tonnes — second-highest ever. Year close: $2,062.

Key drivers in 2023

Regional banking crisis, Credit Suisse failure, central-bank buying continues, persistent inflation

2023 XAU/USD high

$2,135 (Dec)

2023 XAU/USD low

$1,810 (Feb)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Macau gold market

Macau retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

MOP (MOP$)

Daily gold price — April 2023, Macau

How Macau gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The MOP/USD exchange rate comes from exchangerate-api.com's 2023 year-end snapshot.

Conversion. Every MOP figure on this page is computed as XAU/USD price × MOP/USD rate. We use the year-end exchange rate consistently across all April 2023 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Macau, add the country-specific levies described in the “Macaugold market” section above.

FAQ — Macau gold price in April 2023

What was the gold price in Macau in April 2023?

In April 2023, gold in Macau opened at MOP$16,089/oz and closed at MOP$16,140/oz — a move of +0.32% on the month. Per tola: ≈MOP$6,052; per gram: ≈MOP$519; per 10g: ≈MOP$5,189.

What was the 24K gold rate per tola in Macau in April 2023?

The 24K gold rate per tola in Macau at the April 2023 close was approximately MOP$6,052, derived from international XAU/USD spot of $2,006.07/oz times the 2023-end MOP/USD exchange rate of 8.0454. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Macau in April 2023?

Macau's most-quoted retail standard is 24K per gram. At the April 2023 close, that worked out to approximately MOP$518 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

MOP prices on this page are computed from the verified international XAU/USD spot price for April 2023 (sourced from gold-api.com), multiplied by the 2023-end MOP/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The MOP$ figures here represent the international gold spot price converted to MOP at the 2023-end exchange rate. Macau's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Macau? See live gold prices in Macau with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2023 archive or the USD-only April 2023 page with the country-by-country list at the bottom.

Other markets? Compare April 2023 prices across other major gold-trading countries: Hong Kong, China, Singapore, Japan, South Korea, Vietnam.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to MOP at the 2023-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Macau before transacting.