What was the gold price on February 28, 2026?

Gold closed at approximately $5,280.20 per troy ounce on February 28, 2026 — about $169.76 per gram and $1,980.11 per tola. This is the international XAU/USD spot price; local retail rates add import duties, taxes and dealer making charges.

Did gold rise or fall on February 28, 2026?

Gold fell about 0.02% on February 28, 2026 versus the previous trading session — moving from $5,281.30 to $5,280.20 per ounce.

Goldify Pro

Live Gold Rates & Tools

Historical Unit Breakdown

Gold Price in Every Weight Unit — February 28, 2026

International XAU/USD gold closed at $5,280 per troy ounce on this date, equivalent to $169.76 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$1,980

1 Mashaماشہ

1/12 Tola

0.972 g$165.01

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$20.63

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,980

1 Ana (Anna)আনা

1/16 Vori

0.729 g$123.76

Metric & Global

3 units

UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$169.76

1 Kilogramkg

Bulk trade

1,000 g$169,762

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$5,280

East & Southeast Asian

6 units

UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$6,354

1 CN Tael兩

Mainland China

31.25 g$5,305

1 Mace錢

1/10 HK Tael

3.7429 g$635.40

1 Candareen分

1/100 HK Tael

0.37429 g$63.54

1 Bahtบาท

Thailand

15.244 g$2,588

1 Luong (Lượng)lượng

Vietnam

37.5 g$6,366

Middle Eastern

2 units

UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$782.32

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$721.49

Imperial & Western

2 units

UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$264.01

1 Graingr

1/480 Troy Oz

0.064799 g$11.00

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($5,280/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 28, 2026 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 28, 2026

Gold fell 0.02% from the prior trading session ($5,281.30 → $5,280.20 per ounce).

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 59 of 365 · Q1 2026 · 16.2% through the year

Feb 28 across the years — 2020 → 2025

+79.2% over 5 years

20202025

Year	Feb 28 close	vs prior
Feb 28, 2025	$2,885.24	+41.58%	View
Feb 28, 2024	$2,037.95	+6.70%	View
Feb 28, 2022	$1,909.90	+8.52%	View
Feb 28, 2021	$1,759.95	+9.32%	View
Feb 28, 2020	$1,609.90	—	View

Each row is the verified XAU/USD spot close for Feb 28 of that year. Click any row to open the full daily archive (with country tables for Feb 28, 2020+).