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Historical Unit Breakdown

Gold Price in Every Weight Unit — February 2, 2025

International XAU/USD gold closed at $2,831 per troy ounce on this date, equivalent to $91.01 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$1,062

1 Mashaماشہ

1/12 Tola

0.972 g$88.46

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$11.06

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,062

1 Ana (Anna)আনা

1/16 Vori

0.729 g$66.35

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$91.01

1 Kilogramkg

Bulk trade

1,000 g$91,011

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$2,831

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$3,406

1 CN Tael

Mainland China

31.25 g$2,844

1 Mace

1/10 HK Tael

3.7429 g$340.64

1 Candareen

1/100 HK Tael

0.37429 g$34.06

1 Bahtบาท

Thailand

15.244 g$1,387

1 Luong (Lượng)lượng

Vietnam

37.5 g$3,413

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$419.41

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$386.80

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$141.54

1 Graingr

1/480 Troy Oz

0.064799 g$5.90

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($2,831/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 (February 2, 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 — February 2, 2025

Gold fell 2.21% from the prior trading session ($2,894.73 → $2,830.76 per ounce).

Chinese New Year: Chinese gold demand surges in the lead-up to Lunar New Year as families exchange gold pendants, rings and bars. Year-on-year, China's January–February gold imports run 30–50 percent above other months.

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 33 of 365 · Q1 2025 · 9.0% through the year

February 2025 gold market: Uptrend extends on inflation and safe-haven demand

Bullish

Inflation and debt worries sustained the strong uptrend.

Gold continued higher in February as elevated inflation concerns, worries about persistent government debt, and currency-debasement fears drew investors toward gold's traditional store-of-value role. Institutional accumulation and safe-haven demand kept the trend firmly intact.

What drove gold in February 2025

  • elevated inflation concerns
  • government-debt and debasement fears
  • safe-haven demand
  • institutional accumulation
Themes#inflation#safe-haven demand#debt and debasement

Key events in February 2025

  1. Feb 24Tariff plans on major trading partners reinforce hedging demand

What happened next

Building momentum carried gold through the historic $3,000 barrier in March.

For gold buyers

February showed gold working as designed — a hedge against inflation, debt and currency risk, all of which were rising at once.

Feb 2 across the years — 20202024

+29.2% over 4 years
20202024
YearFeb 2 closevs prior
Feb 2, 2024$2,057.71+7.08%View
Feb 2, 2023$1,921.70+6.54%View
Feb 2, 2022$1,803.70-1.60%View
Feb 2, 2021$1,833.10+15.13%View
Feb 2, 2020$1,592.17View
Each row is the verified XAU/USD spot close for Feb 2 of that year. Click any row to open the full daily archive (with country tables for Feb 2, 2020+).