What was the gold price on October 16, 2026?

Gold closed at approximately $4,381.60 per troy ounce on October 16, 2026 — about $140.87 per gram and $1,643.13 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 October 16, 2026?

Gold rose about 0.44% on October 16, 2026 versus the previous trading session — moving from $4,362.50 to $4,381.60 per ounce.

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Historical Unit Breakdown

Gold Price in Every Weight Unit — October 16, 2026

International XAU/USD gold closed at $4,382 per troy ounce on this date, equivalent to $140.87 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$1,643

1 Mashaماشہ

1/12 Tola

0.972 g$136.93

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$17.12

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,643

1 Ana (Anna)আনা

1/16 Vori

0.729 g$102.70

Metric & Global

3 units

UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$140.87

1 Kilogramkg

Bulk trade

1,000 g$140,872

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$4,382

East & Southeast Asian

6 units

UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$5,273

1 CN Tael兩

Mainland China

31.25 g$4,402

1 Mace錢

1/10 HK Tael

3.7429 g$527.27

1 Candareen分

1/100 HK Tael

0.37429 g$52.73

1 Bahtบาท

Thailand

15.244 g$2,147

1 Luong (Lượng)lượng

Vietnam

37.5 g$5,283

Middle Eastern

2 units

UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$649.18

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$598.70

Imperial & Western

2 units

UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$219.08

1 Graingr

1/480 Troy Oz

0.064799 g$9.13

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($4,382/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 (October 16, 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 — October 16, 2026

Gold rose 0.44% from the prior trading session ($4,362.50 → $4,381.60 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 289 of 365 · Q4 2026 · 79.2% through the year

Oct 16 across the years — 2020 → 2025

+130.0% over 5 years

20202025

Year	Oct 16 close	vs prior
Oct 16, 2025	$4,380.99	+63.14%	View
Oct 16, 2024	$2,685.47	+40.01%	View
Oct 16, 2023	$1,918.05	+14.95%	View
Oct 16, 2022	$1,668.53	-5.88%	View
Oct 16, 2021	$1,772.70	-6.95%	View
Oct 16, 2020	$1,905.10	—	View

Each row is the verified XAU/USD spot close for Oct 16 of that year. Click any row to open the full daily archive (with country tables for Oct 16, 2020+).