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Historical Unit Breakdown

Gold Price in Every Weight Unit — September 10, 2023

International XAU/USD gold closed at $1,931 per troy ounce on this date, equivalent to $62.08 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$724.05

1 Mashaماشہ

1/12 Tola

0.972 g$60.34

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.54

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$724.05

1 Ana (Anna)আনা

1/16 Vori

0.729 g$45.25

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$62.08

1 Kilogramkg

Bulk trade

1,000 g$62,076

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,931

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$2,323

1 CN Tael

Mainland China

31.25 g$1,940

1 Mace

1/10 HK Tael

3.7429 g$232.34

1 Candareen

1/100 HK Tael

0.37429 g$23.23

1 Bahtบาท

Thailand

15.244 g$946.29

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,328

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$286.06

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$263.82

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$96.54

1 Graingr

1/480 Troy Oz

0.064799 g$4.02

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,931/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 10, 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 — September 10, 2023

Gold rose 0.15% from the prior trading session ($1,927.80 → $1,930.78 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 253 of 365 · Q3 2023 · 69.3% through the year

September 2023 gold market: Autumn low as yields hit multi-year highs

Bearish

Multi-year-high yields and a strong dollar marked the autumn low.

Gold fell toward $1,850–$1,870 in September as the Federal Reserve reinforced its higher-for-longer message and 10-year yields surged toward 4.6%, a multi-year high. A strong dollar compounded the pressure.

What drove gold in September 2023

  • Fed higher-for-longer guidance
  • 10-year yields near 4.6%
  • US dollar strength
  • ETF outflows
Themes#Fed policy#rising yields#US dollar strength

Key events in September 2023

  1. Sep 20Fed signals higher-for-longer; gold heads toward $1,850

What happened next

The October 7 war shock abruptly reversed gold's slide.

For gold buyers

September's low near $1,850 was the year's best entry point — set just days before war reignited safe-haven demand.

Related months to read

Sep 10 across the years — 20202021

-8.7% over 1 years
20202021
YearSep 10 closevs prior
Sep 10, 2021$1,794.60-8.73%View
Sep 10, 2020$1,966.30View
Each row is the verified XAU/USD spot close for Sep 10 of that year. Click any row to open the full daily archive (with country tables for Sep 10, 2020+).