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Historical Unit Breakdown

Gold Price in Every Weight Unit — March 7, 2025

International XAU/USD gold closed at $2,931 per troy ounce on this date, equivalent to $94.24 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$1,099

1 Mashaماشہ

1/12 Tola

0.972 g$91.60

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$11.45

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,099

1 Ana (Anna)আনা

1/16 Vori

0.729 g$68.70

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$94.24

1 Kilogramkg

Bulk trade

1,000 g$94,239

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$2,931

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$3,527

1 CN Tael

Mainland China

31.25 g$2,945

1 Mace

1/10 HK Tael

3.7429 g$352.73

1 Candareen

1/100 HK Tael

0.37429 g$35.27

1 Bahtบาท

Thailand

15.244 g$1,437

1 Luong (Lượng)lượng

Vietnam

37.5 g$3,534

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$434.28

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$400.51

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$146.56

1 Graingr

1/480 Troy Oz

0.064799 g$6.11

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($2,931/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 (March 7, 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 — March 7, 2025

Gold rose 0.15% from the prior trading session ($2,926.72 → $2,931.15 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 66 of 365 · Q1 2025 · 18.1% through the year

March 2025 gold market: Technical breakout: gold clears $3,000

Bullish

A decisive technical breakout above $3,000 unleashed momentum flows.

Gold accelerated in March, breaking key resistance and clearing $3,000 per ounce for the first time. Decisive breakouts attract self-reinforcing flows — momentum traders, algorithms, and gold-backed ETFs all add to the move — and that dynamic, layered on top of rising geopolitical risk, kicked off the year's major rally.

March was the month the rally became self-reinforcing. The break above $3,000 was not just a round-number milestone — it cleared multi-year technical resistance, triggering buying from momentum funds and trend-following algorithms while gold-backed ETFs began taking inflows after years of stagnation. That return of Western ETF demand, alongside the steady central-bank bid, gave 2025's advance a broader and more durable base than the largely central-bank-driven gains of 2022–2024.

What drove gold in March 2025

  • technical breakout above $3,000
  • returning ETF inflows
  • momentum and algorithmic buying
  • rising geopolitical risk
Themes#technical breakout#$3,000#ETF inflows

Key events in March 2025

  1. Mar 14Gold trades above $3,000/oz for the first time

What happened next

Sweeping new US tariffs in early April turned the breakout into a historic surge.

For gold buyers

March's break of $3,000 was the ignition point — once long-dormant ETF demand returned, the rally had a second engine.

Key terms this month

Gold-backed ETF:
An exchange-traded fund holding physical gold; large inflows force the fund to buy bullion, adding direct demand. Western ETF demand returned strongly in 2025.

Mar 7 across the years — 20212023

+6.5% over 2 years
20212023
YearMar 7 closevs prior
Mar 7, 2023$1,826.60+6.54%View
Mar 7, 2021$1,714.45View
Each row is the verified XAU/USD spot close for Mar 7 of that year. Click any row to open the full daily archive (with country tables for Mar 7, 2021+).