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Historical Unit Breakdown

Gold Price in Every Weight Unit — November 21, 2025

International XAU/USD gold closed at $4,101 per troy ounce on this date, equivalent to $131.85 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$1,538

1 Mashaماشہ

1/12 Tola

0.972 g$128.16

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$16.02

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,538

1 Ana (Anna)আনা

1/16 Vori

0.729 g$96.12

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$131.85

1 Kilogramkg

Bulk trade

1,000 g$131,853

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$4,101

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$4,935

1 CN Tael

Mainland China

31.25 g$4,120

1 Mace

1/10 HK Tael

3.7429 g$493.51

1 Candareen

1/100 HK Tael

0.37429 g$49.35

1 Bahtบาท

Thailand

15.244 g$2,010

1 Luong (Lượng)lượng

Vietnam

37.5 g$4,944

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$607.62

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$560.38

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$205.05

1 Graingr

1/480 Troy Oz

0.064799 g$8.54

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($4,101/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 (November 21, 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 — November 21, 2025

Gold fell 0.23% from the prior trading session ($4,110.50 → $4,101.10 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 325 of 365 · Q4 2025 · 89.0% through the year

November 2025 gold market: Institutions broaden the bull market

Bullish

Broadening institutional participation strengthened the trend.

Gold kept rising in November as institutional investors joined more aggressively. The market broadened from largely retail- and central-bank-driven demand to include hedge funds, asset managers, and pension allocations — wider participation that strengthened and stabilised the bull market.

What drove gold in November 2025

  • hedge-fund and asset-manager buying
  • pension-fund allocations
  • momentum and FOMO
  • continued central-bank demand
Themes#institutional demand#broadening participation#investment demand

What happened next

With nearly every bullish factor present at once, gold finished the year near record highs.

For gold buyers

November showed the rally maturing — when pensions and asset managers allocate, a bull market gains a deeper, steadier foundation.

Nov 21 across the years — 20202024

+42.5% over 4 years
20202024
YearNov 21 closevs prior
Nov 21, 2024$2,673.60+33.24%View
Nov 21, 2023$2,006.60+15.30%View
Nov 21, 2022$1,740.40-5.88%View
Nov 21, 2021$1,849.17-1.41%View
Nov 21, 2020$1,875.70View
Each row is the verified XAU/USD spot close for Nov 21 of that year. Click any row to open the full daily archive (with country tables for Nov 21, 2020+).