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Gold Price in Every Weight Unit — May 24, 2025
International XAU/USD gold closed at $3,358 per troy ounce on this date, equivalent to $107.97 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
1 Tolaتولا · तोला
Pakistan, India, Nepal
1 Mashaماشہ
1/12 Tola
1 Rattiرتی
1/96 Tola · gemstones
1 Vori (Bhori)ভরি
Bangladesh
1 Ana (Anna)আনা
1/16 Vori
Metric & Global
1 Gramg
Worldwide standard
1 Kilogramkg
Bulk trade
1 Troy Ounceoz t
LBMA bullion standard
East & Southeast Asian
1 HK Tael兩
Hong Kong, Macau
1 CN Tael兩
Mainland China
1 Mace錢
1/10 HK Tael
1 Candareen分
1/100 HK Tael
1 Bahtบาท
Thailand
1 Luong (Lượng)lượng
Vietnam
Middle Eastern
1 Mesghalمثقال
Iran
1 Mithqalمثقال
Saudi, UAE, Egypt
Imperial & Western
1 Pennyweightdwt
1/20 Troy Oz
1 Graingr
1/480 Troy Oz
How to read this historical table
Every price above is derived directly from the international XAU/USD spot rate on this date ($3,358/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 (May 24, 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 — May 24, 2025
Gold fell 0.23% from the prior trading session ($3,366.02 → $3,358.12 per ounce).
Western wedding season: Western (especially US and European) gold and platinum jewellery demand peaks in May, June and December — combined wedding and gift seasons. US jewellery sales typically see 30–50 percent surges in these months.
Saturday — the international gold market is closed. Most retail jewellery markets, especially in Asia and the Middle East, see peak Saturday foot-traffic and physical trade activity.
Day 144 of 365 · Q2 2025 · 39.5% through the year
May 2025 gold market: A healthy correction after the surge
Range-boundProfit-taking from overbought levels, with structural demand intact.
Gold pulled back from its April record in May — no market rises in a straight line. After the vertical run, traders locked in profits and short-term speculators exited overbought conditions, while a cooling of trade tensions revived some risk appetite. Crucially, the structural pillars — central-bank buying and strong investment demand — stayed firmly in place, keeping the dip shallow.
What drove gold in May 2025
- profit-taking after the April record
- overbought technical conditions
- easing trade tensions
- still-strong central-bank and investment demand
Key events in May 2025
- May 12US–China tariff truce revives risk appetite; gold consolidates
What happened next
Investors treated the pullback as a buying opportunity, and the uptrend resumed in June.
For gold buyers
May was a textbook healthy correction — the kind of pause that refreshes a bull market rather than ending it.
May 24 across the years — 2020 → 2024
| Year | May 24 close | vs prior | |
|---|---|---|---|
| May 24, 2024 | $2,347.54 | +19.18% | View |
| May 24, 2023 | $1,969.70 | +5.50% | View |
| May 24, 2022 | $1,867.10 | -0.70% | View |
| May 24, 2021 | $1,880.20 | +8.33% | View |
| May 24, 2020 | $1,735.63 | — | View |