Gold market chart
Historical benchmark in USD per troy ounce; weight conversions are shown in the tables.
Gold Price Chart in USD per Mesghal
Live gold price history in US Dollar (USD) per mesghal. Toggle 24H, 7D, 30D, and 1Y ranges to analyze gold trends.
Quick Calculator
Calculate gold value
= 4.6875 grams
= 0.150707 troy ounces
Price per mesghal: —
Gold price by currency
Fine gold per mesghal · current exchange rates
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US Dollar
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Euro
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British Pound
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Japanese Yen
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Swiss Franc
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Australian Dollar
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Canadian Dollar
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Indian Rupee
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Chinese Yuan
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Singapore Dollar
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Hong Kong Dollar
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UAE Dirham
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Mexican Peso
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Turkish Lira
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Vietnamese Dong
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New Zealand Dollar
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Swedish Krona
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Norwegian Krone
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Danish Krone
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Taiwan Dollar
Gold price by weight
| Weight | Grams | Spot value (USD) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
Gold price by karat & hallmark
Metal-only melt value; stones and making charges are not included.
What is a Mesghal? Gold weight, conversions and local use
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 — USD.
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.
Gold price per Mesghal in USD — quick conversion table
| Quantity | Grams | Troy ounces | Value (USD) |
|---|---|---|---|
| 1 mesghal | 4.688 g | 0.1507 oz t | — |
| 5 mesghals | 23.438 g | 0.7535 oz t | — |
| 10 mesghals | 46.875 g | 1.5071 oz t | — |
| 100 mesghals | 468.75 g | 15.0707 oz t | — |
Values are calculated from the live XAU spot price converted into US Dollar and refresh with the price above.
Buying Gold in United States: local market, taxes and premiums
At the live price shown above per mesghal, the price you see here is the international XAU spot price converted into US Dollar. Physical buyers in United States pay that reference plus a premium, and local trading is concentrated around New York and the large national online dealers. Buyers there generally watch the COMEX front-month contract and the LBMA PM auction as the day's reference.
Taxes and duties. Bullion sales tax is set state by state; many states exempt investment bullion above a threshold, others charge full sales tax. 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 USD can sit noticeably above the spot value of the same mesghal of metal.
How people usually buy. The common routes in United States are APMEX-style online dealers, local coin shops, US Mint authorised purchasers and COMEX futures and ETFs. The products most often quoted locally include American Gold Eagle, American Buffalo, 1 oz Silver Eagle, 10 oz and 1 kg bars.
Local conventions. Prices are quoted per troy ounce; jewellery is sold in karats (14K and 18K dominate) rather than fineness. 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 USD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in United States can change.
Other Precious Metals in USD
Compare prices across different precious metals
About Gold Price in USD
What is Gold?
Gold is a chemical element with symbol Au and atomic number 79. It is a dense, soft, malleable metal that has been used as a store of value for thousands of years.
History
Gold has been known and used by artisans since the Chalcolithic age. Egypt and especially Nubia had the resources to make them major gold-producing areas for much of history.
Common Uses
Interesting Facts
- •Gold is one of the least reactive chemical elements
- •All the gold ever mined would fit in a cube about 21 meters on each side
- •Gold is so malleable that a single gram can be beaten into a sheet of 1 square meter
Gold Price Per Mesghal in US Dollar
The current gold price per mesghal in US Dollar (USD) is updated in real-time based on international market rates. Gold is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling gold in United States, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in mesghals, which may be more practical for local transactions.
The mesghal is a traditional unit of weight used in Iran and the Middle East for gold. This unit is commonly used when trading gold in various markets around the world.
Gold Long-Term Returns vs Current USD Price
How gold has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for United States investors tracking gold in USD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Gold price in USD – FAQ
How much does one ounce of gold cost in USD today?
One troy ounce of gold currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XAU/USD rate.
What is the current gold rate in United States today?
The current gold rate in United States is the live spot price shown on this page per mesghal. Prices refresh every 5 minutes and follow the international Gold spot price converted to US Dollar.
How much is 1 mesghal of gold in USD?
1 mesghal of gold equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the USD exchange rate (1 mesghal = 4.6875 grams).
How is the gold price per mesghal calculated?
The gold price per mesghal is calculated by converting the international spot price (quoted per troy ounce in USD) to USD using the current exchange rate, then converting to the mesghal weight unit (1 mesghal = 4.6875 grams).
Do I pay tax or VAT when buying gold in United States?
Bullion sales tax is set state by state; many states exempt investment bullion above a threshold, others charge full sales tax. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per mesghal more than small differences in the USD spot quote.
Where do people usually buy gold in United States?
The usual routes are APMEX-style online dealers, local coin shops, US Mint authorised purchasers, COMEX futures and ETFs. Local trading is centred on New York and the large national online dealers, and the products most often quoted are American Gold Eagle, American Buffalo, 1 oz Silver Eagle, 10 oz and 1 kg bars.
Why is the shop price of gold higher than the spot price in USD?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Gold is the deepest of the four precious metals markets, so local retail spreads are usually the tightest and buy-back is easiest. Compare the asking price per mesghal with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the United States gold market follow?
Local buyers generally follow the COMEX front-month contract and the LBMA PM auction, converted into US Dollar (USD). Prices are quoted per troy ounce; jewellery is sold in karats (14K and 18K dominate) rather than fineness.