Poland · PLN · May 2021

Gold Price in PolandMay 2021

In May 2021, the gold price in Poland closed at approximately zł7,712 per troy ounce, equivalent to zł2,892 per tola or zł248 per gram. This represents a +2.69% change on the month (zł7,510 open → zł7,712 close).

+2.69% on the month

Open

zł7,510

per troy ounce

Close

zł7,712

per troy ounce

High

zł7,755

per troy ounce

Low

zł7,175

per troy ounce

All unit prices at May 2021 close — Poland

UnitWeightClosing PLN price
Troy ounce31.1035 gzł7,712
Gram1.0000 gzł248
10 grams10 gzł2,479
Kilogram1,000 gzł247,945
Tola11.664 gzł2,892
PLN prices computed from XAU/USD ($1,900.00/oz close) × 2021-end PLN/USD rate (4.0589). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at May 2021 close

KaratPer gramPer tola
24KPOLAND STDzł248zł2,889
22Kzł227zł2,649
21Kzł217zł2,531
18Kzł186zł2,169
14Kzł145zł1,692
10Kzł103zł1,206

Daily gold price in PLNMay 2021

27 trading days
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May 2021 gold market: Inflation fears drive gold to $1,900

Bullish

Hot inflation data revived gold's inflation-hedge appeal.

Gold rallied strongly to around $1,900 in May after a much hotter-than-expected April US inflation report stoked fears that price pressures would prove persistent. A weaker dollar amplified the move.

What drove gold in May 2021

  • hot April US CPI (released mid-May)
  • weaker US dollar
  • inflation-hedge demand
  • Fed insisting inflation was 'transitory'
Themes#inflation#inflation hedge#US dollar weakness

Key events in May 2021

  1. May 12Hot US CPI print stokes inflation fears; gold rallies

What happened next

The rally stalled abruptly in June when the Fed turned hawkish.

For gold buyers in Poland

May was gold's best stretch of 2021 — proof the metal still rallied hard on inflation, until the Fed pushed back.

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 Poland gold market

Poland 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

PLN ()

Daily gold price — May 2021, Poland

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

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

FAQ — Poland gold price in May 2021

What was the gold price in Poland in May 2021?

In May 2021, gold in Poland opened at zł7,510/oz and closed at zł7,712/oz — a move of +2.69% on the month. Per tola: ≈zł2,892; per gram: ≈zł248; per 10g: ≈zł2,479.

What was the 24K gold rate per tola in Poland in May 2021?

The 24K gold rate per tola in Poland at the May 2021 close was approximately zł2,892, derived from international XAU/USD spot of $1,900.00/oz times the 2021-end PLN/USD exchange rate of 4.0589. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Poland in May 2021?

Poland's most-quoted retail standard is 24K per gram. At the May 2021 close, that worked out to approximately zł248 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

PLN prices on this page are computed from the verified international XAU/USD spot price for May 2021 (sourced from gold-api.com), multiplied by the 2021-end PLN/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 zł figures here represent the international gold spot price converted to PLN at the 2021-end exchange rate. Poland'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 Poland? See live gold prices in Poland 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 May 2021 page with the country-by-country list at the bottom.

Other markets? Compare May 2021 prices across other major gold-trading countries: Eurozone, Czech Republic, Romania, Hungary, Bulgaria, Ukraine.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to PLN 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 Poland before transacting.