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Historical Unit Breakdown

Gold Price in Every Weight Unit — September 14, 2023

International XAU/USD gold closed at $1,902 per troy ounce on this date, equivalent to $61.14 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$713.17

1 Mashaماشہ

1/12 Tola

0.972 g$59.43

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$7.43

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$713.17

1 Ana (Anna)আনা

1/16 Vori

0.729 g$44.57

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$61.14

1 Kilogramkg

Bulk trade

1,000 g$61,143

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$1,902

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$2,289

1 CN Tael兩

Mainland China

31.25 g$1,911

1 Mace錢

1/10 HK Tael

3.7429 g$228.85

1 Candareen分

1/100 HK Tael

0.37429 g$22.89

1 Bahtบาท

Thailand

15.244 g$932.06

1 Luong (Lượng)lượng

Vietnam

37.5 g$2,293

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$281.76

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$259.86

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$95.09

1 Graingr

1/480 Troy Oz

0.064799 g$3.96

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($1,902/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 14, 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 14, 2023

Gold fell 0.63% from the prior trading session ($1,913.80 → $1,901.75 per ounce).

Thursday — a normal trading day. Weekly US initial jobless claims publish at 8:30 AM ET on Thursdays, occasionally producing intraday gold movement.

Day 257 of 365 · Q3 2023 · 70.4% 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

Oct 2023 — the war rebound