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Historical Unit Breakdown

Gold Price in Every Weight Unit — January 17, 2025

International XAU/USD gold closed at $2,717 per troy ounce on this date, equivalent to $87.37 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$1,019

1 Mashaماشہ

1/12 Tola

0.972 g$84.92

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$10.62

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,019

1 Ana (Anna)আনা

1/16 Vori

0.729 g$63.69

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$87.37

1 Kilogramkg

Bulk trade

1,000 g$87,367

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$2,717

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$3,270

1 CN Tael

Mainland China

31.25 g$2,730

1 Mace

1/10 HK Tael

3.7429 g$327.01

1 Candareen

1/100 HK Tael

0.37429 g$32.70

1 Bahtบาท

Thailand

15.244 g$1,332

1 Luong (Lượng)lượng

Vietnam

37.5 g$3,276

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$402.61

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$371.31

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$135.87

1 Graingr

1/480 Troy Oz

0.064799 g$5.66

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($2,717/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 (January 17, 2025 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 — January 17, 2025

Gold fell 0.27% from the prior trading session ($2,724.79 → $2,717.43 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 17 of 365 · Q1 2025 · 4.7% through the year

January 2025 gold market: Record run resumes on rate-cut hopes

Bullish

Rate-cut expectations and central-bank demand reignited the record run.

Gold opened 2025 strongly as markets positioned for future Fed rate cuts and a new US administration brought immediate policy and tariff uncertainty. Falling rate expectations pressure bond yields and the dollar while making non-yielding gold more attractive — and continued record central-bank buying reinforced the bid from day one.

What drove gold in January 2025

  • Fed rate-cut expectations
  • record central-bank buying
  • geopolitical and policy uncertainty
  • weaker-dollar positioning
Themes#Fed rate cuts#central-bank demand#policy uncertainty

Key events in January 2025

  1. Jan 20Trump inaugurated; tariff threats lift safe-haven and hedging demand

What happened next

Persistent inflation worries and accumulating institutional demand kept the uptrend intact into February.

For gold buyers

January set the tone for a historic year — with rate cuts expected and central banks buying relentlessly, gold's path of least resistance was higher.

Jan 17 across the years — 20202022

+16.7% over 2 years
20202022
YearJan 17 closevs prior
Jan 17, 2022$1,817.90+16.71%View
Jan 17, 2020$1,557.60View
Each row is the verified XAU/USD spot close for Jan 17 of that year. Click any row to open the full daily archive (with country tables for Jan 17, 2020+).