Sweden · SEK · September 2020
Gold Price in Sweden — September 2020
In September 2020, the gold price in Sweden closed at approximately kr15,447 per troy ounce, equivalent to kr5,793 per tola or kr497 per gram. This represents a -4.33% change on the month (kr16,147 open → kr15,447 close).
Open
kr16,147
per troy ounce
Close
kr15,447
per troy ounce
High
kr16,147
per troy ounce
Low
kr15,224
per troy ounce
All unit prices at September 2020 close — Sweden
| Unit | Weight | Closing SEK price |
|---|---|---|
| Troy ounce | 31.1035 g | kr15,447 |
| Gram | 1.0000 g | kr497 |
| 10 grams | 10 g | kr4,966 |
| Kilogram | 1,000 g | kr496,630 |
| Tola | 11.664 g | kr5,793 |
Karat-purity breakdown at September 2020 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KSWEDEN STD | kr496 | kr5,787 |
| 22K | kr455 | kr5,306 |
| 21K | kr435 | kr5,069 |
| 18K | kr372 | kr4,345 |
| 14K | kr291 | kr3,389 |
| 10K | kr207 | kr2,416 |
Daily gold price in SEK — 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 Sweden
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 Sweden gold market
Sweden 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
SEK (kr)
Daily gold price — September 2020, Sweden
kr16,147
$1,972.40/oz
kr15,940
$1,947.10/oz
kr15,886
$1,940.50/oz
kr15,769
$1,926.30/oz
kr15,894
$1,941.48/oz
kr15,787
$1,928.50/oz
kr15,644
$1,911.00/oz
kr15,941
$1,947.20/oz
kr16,097
$1,966.30/oz
kr15,942
$1,947.40/oz
kr16,066
$1,962.54/oz
kr16,035
$1,958.70/oz
kr15,959
$1,949.40/oz
kr16,060
$1,961.80/oz
kr15,851
$1,936.30/oz
kr15,971
$1,950.90/oz
kr16,010
$1,955.62/oz
kr15,631
$1,909.40/oz
kr15,603
$1,906.00/oz
kr15,336
$1,873.40/oz
kr15,241
$1,861.80/oz
kr15,224
$1,859.70/oz
kr15,416
$1,883.10/oz
kr15,262
$1,864.30/oz
kr15,423
$1,884.00/oz
kr15,447
$1,886.90/oz
How Sweden 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 SEK/USD exchange rate comes from exchangerate-api.com's 2020 year-end snapshot.
Conversion. Every SEK figure on this page is computed as XAU/USD price × SEK/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 Sweden, add the country-specific levies described in the “Swedengold market” section above.
FAQ — Sweden gold price in September 2020
What was the gold price in Sweden in September 2020?
In September 2020, gold in Sweden opened at kr16,147/oz and closed at kr15,447/oz — a move of -4.33% on the month. Per tola: ≈kr5,793; per gram: ≈kr497; per 10g: ≈kr4,966.
What was the 24K gold rate per tola in Sweden in September 2020?
The 24K gold rate per tola in Sweden at the September 2020 close was approximately kr5,793, derived from international XAU/USD spot of $1,886.90/oz times the 2020-end SEK/USD exchange rate of 8.1864. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Sweden in September 2020?
Sweden's most-quoted retail standard is 24K per gram. At the September 2020 close, that worked out to approximately kr496 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
SEK 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 SEK/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 kr figures here represent the international gold spot price converted to SEK at the 2020-end exchange rate. Sweden'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 Sweden? See live gold prices in Sweden 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: Norway, Denmark, Eurozone, United Kingdom, Switzerland, Finland.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to SEK 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 Sweden before transacting.