Bulgaria · BGN · September 2020
Gold Price in Bulgaria — September 2020
In September 2020, the gold price in Bulgaria closed at approximately лв3,002 per troy ounce, equivalent to лв1,126 per tola or лв97 per gram. This represents a -4.33% change on the month (лв3,138 open → лв3,002 close).
Open
лв3,138
per troy ounce
Close
лв3,002
per troy ounce
High
лв3,138
per troy ounce
Low
лв2,959
per troy ounce
All unit prices at September 2020 close — Bulgaria
| Unit | Weight | Closing BGN price |
|---|---|---|
| Troy ounce | 31.1035 g | лв3,002 |
| Gram | 1.0000 g | лв97 |
| 10 grams | 10 g | лв965 |
| Kilogram | 1,000 g | лв96,518 |
| Tola | 11.664 g | лв1,126 |
Karat-purity breakdown at September 2020 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KBULGARIA STD | лв96 | лв1,125 |
| 22K | лв88 | лв1,031 |
| 21K | лв84 | лв985 |
| 18K | лв72 | лв844 |
| 14K | лв56 | лв659 |
| 10K | лв40 | лв469 |
Daily gold price in BGN — September 2020
September 2020 gold market: Correction as the dollar bounces
BearishAn orderly post-record pullback on a dollar bounce.
Gold spent September digesting its record run, slipping toward $1,880 as the dollar staged a recovery and risk appetite wobbled. The pullback was orderly — a consolidation of 2020's enormous gains rather than a trend reversal.
What drove gold in September 2020
- US dollar rebound
- stalled stimulus negotiations
- profit-taking
- rising real yields off the lows
Key events in September 2020
- Sep 23Gold dips toward $1,880 as the dollar firms
What happened next
September's pullback gave way to two months of range-trading before the vaccine shock in November.
For gold buyers in Bulgaria
September's orderly pullback offered re-entry for buyers who missed the summer surge, without signalling the bull market was over.
The 2020 gold market: COVID crash, recovery, and the all-time high above $2,000
March 2020 saw a brief gold sell-off during COVID liquidity panic (-12% in 2 weeks) before the metal rocketed to an all-time high of $2,075 in August. Year close: $1,898 — gold's best year since 2010.
Key drivers in 2020
COVID pandemic, unlimited Fed QE, fiscal stimulus, negative real rates, USD weakness
2020 XAU/USD high
$2,075 (Aug)
2020 XAU/USD low
$1,452 (Mar)
Era context — The modern bull market (2019 to today)
Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.
The Bulgaria gold market
Bulgaria retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.
Standard quote unit
gram
Common purity
24K
Currency
BGN (лв)
Daily gold price — September 2020, Bulgaria
лв3,138
$1,972.40/oz
лв3,098
$1,947.10/oz
лв3,087
$1,940.50/oz
лв3,065
$1,926.30/oz
лв3,089
$1,941.48/oz
лв3,068
$1,928.50/oz
лв3,040
$1,911.00/oz
лв3,098
$1,947.20/oz
лв3,128
$1,966.30/oz
лв3,098
$1,947.40/oz
лв3,122
$1,962.54/oz
лв3,116
$1,958.70/oz
лв3,101
$1,949.40/oz
лв3,121
$1,961.80/oz
лв3,081
$1,936.30/oz
лв3,104
$1,950.90/oz
лв3,111
$1,955.62/oz
лв3,038
$1,909.40/oz
лв3,032
$1,906.00/oz
лв2,981
$1,873.40/oz
лв2,962
$1,861.80/oz
лв2,959
$1,859.70/oz
лв2,996
$1,883.10/oz
лв2,966
$1,864.30/oz
лв2,997
$1,884.00/oz
лв3,002
$1,886.90/oz
How Bulgaria gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The BGN/USD exchange rate comes from exchangerate-api.com's 2020 year-end snapshot.
Conversion. Every BGN figure on this page is computed as XAU/USD price × BGN/USD rate. We use the year-end exchange rate consistently across all September 2020 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Bulgaria, add the country-specific levies described in the “Bulgariagold market” section above.
FAQ — Bulgaria gold price in September 2020
What was the gold price in Bulgaria in September 2020?
In September 2020, gold in Bulgaria opened at лв3,138/oz and closed at лв3,002/oz — a move of -4.33% on the month. Per tola: ≈лв1,126; per gram: ≈лв97; per 10g: ≈лв965.
What was the 24K gold rate per tola in Bulgaria in September 2020?
The 24K gold rate per tola in Bulgaria at the September 2020 close was approximately лв1,126, derived from international XAU/USD spot of $1,886.90/oz times the 2020-end BGN/USD exchange rate of 1.591. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Bulgaria in September 2020?
Bulgaria's most-quoted retail standard is 24K per gram. At the September 2020 close, that worked out to approximately лв96 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
BGN prices on this page are computed from the verified international XAU/USD spot price for September 2020 (sourced from gold-api.com), multiplied by the 2020-end BGN/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The лв figures here represent the international gold spot price converted to BGN at the 2020-end exchange rate. Bulgaria's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in Bulgaria? See live gold prices in Bulgaria with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2020 archive or the USD-only September 2020 page with the country-by-country list at the bottom.
Other markets? Compare September 2020 prices across other major gold-trading countries: Eurozone, Romania, Hungary, Turkey, Croatia, Poland.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to BGN at the 2020-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Bulgaria before transacting.