Gold price per mesghal in JPY today

Definition. The mesghal (4.6875 g) is the traditional Persian unit for gold, equal to 4.6875 g or 4.608 g depending on the local standard. Locally it is written مثقال. One mesghal equals 4.6875 grams, or 0.15071 troy ounces, which at today's gold spot price works out to — JPY.

Where it is used. Iranian bazaar dealers quote 17-carat (705) gold per mesghal, and the mesghal rate is published alongside the coin (Bahar Azadi) price. The unit is the trading standard in Iran and parts of the Middle East.

Pricing conventions. Because Iranian jewellery is traditionally 18K sold at a 705 assay, converting a mesghal quote to a world price requires adjusting for purity as well as weight. Gold is the metal most often traded in these traditional units, because jewellery and savings demand kept the old weights alive long after industry went metric.

Good to know. One mesghal equals 5 dirham in the old Persian system; the sooth (soot) subdivides it further for small stones.

At the live price shown above per mesghal, the price you see here is the international XAU spot price converted into Japanese Yen. Physical buyers in Japan pay that reference plus a premium, and local trading is concentrated around Tokyo, where Tanaka Kikinzoku and Mitsubishi Materials set retail quotes. Buyers there generally watch the domestic per-gram retail price published each morning by the major refiners as the day's reference.

Taxes and duties. Retail bullion carries 10% consumption tax, which is refunded to you when you sell back to a registered dealer. Gold is the deepest of the four precious metals markets, so local retail spreads are usually the tightest and buy-back is easiest. That is why the shop price of gold in JPY can sit noticeably above the spot value of the same mesghal of metal.

How people usually buy. The common routes in Japan are Tanaka Kikinzoku shops, department-store precious metal counters, monthly gold accumulation plans (junkin tsumitate) and TOCOM futures. The products most often quoted locally include 500 g and 1 kg Tanaka bars, platinum bars, momme-weight jewellery.

Local conventions. Traditional weights such as the momme (3.75 g) are still used for pearls and some jewellery, while bullion is quoted per gram. Before you buy, compare the dealer's asking price per mesghal with the live gold price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline JPY quote.

Market information only, updated with live prices. Not tax or investment advice; tax rules in Japan can change.