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Historical Unit Breakdown

Gold Price in Every Weight Unit — November 23, 2025

International XAU/USD gold closed at $4,078 per troy ounce on this date, equivalent to $131.10 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$1,529

1 Mashaماشہ

1/12 Tola

0.972 g$127.43

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$15.93

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,529

1 Ana (Anna)আনা

1/16 Vori

0.729 g$95.57

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$131.10

1 Kilogramkg

Bulk trade

1,000 g$131,104

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$4,078

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$4,907

1 CN Tael

Mainland China

31.25 g$4,097

1 Mace

1/10 HK Tael

3.7429 g$490.71

1 Candareen

1/100 HK Tael

0.37429 g$49.07

1 Bahtบาท

Thailand

15.244 g$1,999

1 Luong (Lượng)lượng

Vietnam

37.5 g$4,916

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$604.17

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$557.19

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$203.89

1 Graingr

1/480 Troy Oz

0.064799 g$8.50

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($4,078/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 23, 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 23, 2025

Gold rose 0.29% from the prior trading session ($4,066.20 → $4,077.80 per ounce).

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 327 of 365 · Q4 2025 · 89.6% 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 23 across the years — 20202024

+47.6% over 4 years
20202024
YearNov 23 closevs prior
Nov 23, 2024$2,716.40+36.31%View
Nov 23, 2023$1,992.85+14.52%View
Nov 23, 2022$1,740.20-2.74%View
Nov 23, 2021$1,789.20-2.77%View
Nov 23, 2020$1,840.20View
Each row is the verified XAU/USD spot close for Nov 23 of that year. Click any row to open the full daily archive (with country tables for Nov 23, 2020+).