Belarus · BYN · March 2021

Gold Price in BelarusMarch 2021

In March 2021, the gold price in Belarus closed at approximately Br4,305 per troy ounce, equivalent to Br1,615 per tola or Br138 per gram. This represents a -2.49% change on the month (Br4,415 open → Br4,305 close).

-2.49% on the month

Open

Br4,415

per troy ounce

Close

Br4,305

per troy ounce

High

Br4,448

per troy ounce

Low

Br4,287

per troy ounce

All unit prices at March 2021 close — Belarus

UnitWeightClosing BYN price
Troy ounce31.1035 gBr4,305
Gram1.0000 gBr138
10 grams10 gBr1,384
Kilogram1,000 gBr138,425
Tola11.664 gBr1,615
BYN prices computed from XAU/USD ($1,691.10/oz close) × 2021-end BYN/USD rate (2.546). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at March 2021 close

KaratPer gramPer tola
24KBELARUS STDBr138Br1,613
22KBr127Br1,479
21KBr121Br1,413
18KBr104Br1,211
14KBr81Br945
10KBr58Br673

Daily gold price in BYNMarch 2021

27 trading days
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March 2021 gold market: Gold bottoms as yields peak

Bearish

The year's low, set as the yield spike climaxed.

Gold slid to its 2021 low around $1,680 in early March as 10-year yields peaked near 1.75%. Once the yield surge stalled, the metal stabilised and clawed back toward $1,715 into month-end.

What drove gold in March 2021

  • 10-year yields peaking near 1.75%
  • strong US stimulus passage
  • firm dollar
  • fading safe-haven demand
Themes#rising yields#year low#stimulus

Key events in March 2021

  1. Mar 8Gold touches ~$1,680, its low for the year

What happened next

With yields topping out, gold rebounded steadily through the spring.

For gold buyers in Belarus

March's low near $1,680 marked the bottom of gold's post-2020 correction — a level buyers would not see again that year.

The 2021 gold market: Consolidation below 2020 highs

Gold traded mostly sideways in 2021 between $1,680 and $1,950 as the Fed signaled coming tightening. Cryptocurrency mania peaked in November. Inflation began running above target. Year close: $1,829.

Key drivers in 2021

Crypto-boom drawing capital, Fed taper announcement, inflation rising, equity rally

2021 XAU/USD high

$1,945 (Jun)

2021 XAU/USD low

$1,676 (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 Belarus gold market

Belarus 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

BYN (Br)

Daily gold price — March 2021, Belarus

How Belarus 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 BYN/USD exchange rate comes from exchangerate-api.com's 2021 year-end snapshot.

Conversion. Every BYN figure on this page is computed as XAU/USD price × BYN/USD rate. We use the year-end exchange rate consistently across all March 2021 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 Belarus, add the country-specific levies described in the “Belarusgold market” section above.

FAQ — Belarus gold price in March 2021

What was the gold price in Belarus in March 2021?

In March 2021, gold in Belarus opened at Br4,415/oz and closed at Br4,305/oz — a move of -2.49% on the month. Per tola: ≈Br1,615; per gram: ≈Br138; per 10g: ≈Br1,384.

What was the 24K gold rate per tola in Belarus in March 2021?

The 24K gold rate per tola in Belarus at the March 2021 close was approximately Br1,615, derived from international XAU/USD spot of $1,691.10/oz times the 2021-end BYN/USD exchange rate of 2.546. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Belarus in March 2021?

Belarus's most-quoted retail standard is 24K per gram. At the March 2021 close, that worked out to approximately Br138 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

BYN prices on this page are computed from the verified international XAU/USD spot price for March 2021 (sourced from gold-api.com), multiplied by the 2021-end BYN/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 Br figures here represent the international gold spot price converted to BYN at the 2021-end exchange rate. Belarus'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 Belarus? See live gold prices in Belarus with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2021 archive or the USD-only March 2021 page with the country-by-country list at the bottom.

Other markets? Compare March 2021 prices across other major gold-trading countries: Russia, Ukraine, Poland, Eurozone, Hungary, Czech Republic.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to BYN at the 2021-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 Belarus before transacting.