Hungary · HUF · June 2021
Gold Price in Hungary — June 2021
In June 2021, the gold price in Hungary closed at approximately Ft576,305 per troy ounce, equivalent to Ft216,118 per tola or Ft18,529 per gram. This represents a -7.17% change on the month (Ft620,822 open → Ft576,305 close).
Open
Ft620,822
per troy ounce
Close
Ft576,305
per troy ounce
High
Ft621,934
per troy ounce
Low
Ft573,788
per troy ounce
All unit prices at June 2021 close — Hungary
| Unit | Weight | Closing HUF price |
|---|---|---|
| Troy ounce | 31.1035 g | Ft576,305 |
| Gram | 1.0000 g | Ft18,529 |
| 10 grams | 10 g | Ft185,286 |
| Kilogram | 1,000 g | Ft18,528,623 |
| Tola | 11.664 g | Ft216,118 |
Karat-purity breakdown at June 2021 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KHUNGARY STD | Ft18,510 | Ft215,902 |
| 22K | Ft16,972 | Ft197,964 |
| 21K | Ft16,213 | Ft189,103 |
| 18K | Ft13,896 | Ft162,088 |
| 14K | Ft10,839 | Ft126,429 |
| 10K | Ft7,726 | Ft90,121 |
Daily gold price in HUF — June 2021
June 2021 gold market: Hawkish Fed 'dot plot' slams gold
BearishA hawkish Fed projection erased the spring rally in days.
Gold dropped sharply in June, from near $1,900 to about $1,770, after the Federal Reserve's updated projections signalled earlier rate hikes than markets expected. The hawkish surprise lifted the dollar and real yields, hitting gold hard.
June's drop is a clean case study in how much the Fed's posture — not just its actions — moves gold. The central bank did not raise rates; it merely revised its 'dot plot' of projected future hikes. That shift was enough to send the dollar and real yields up and gold down over 6% in a few sessions. For inflation hedgers, it was a frustrating message: even with inflation running hot, a credibly hawkish Fed could cap gold by promising to defend price stability.
What drove gold in June 2021
- hawkish Fed dot-plot surprise (Jun 16)
- dollar and real-yield spike
- fading inflation-hedge demand
- long liquidation
Key events in June 2021
- Jun 16Fed projects earlier hikes; gold sells off sharply
What happened next
The hawkish shock left gold range-bound and vulnerable into the summer.
For gold buyers in Hungary
June was a lesson in Fed sensitivity: even a shift in projections — not an actual hike — was enough to knock gold down over 6%.
Key terms this month
- Dot plot:
- The Fed's chart of individual policymakers' projections for future interest rates — a key signal of policy direction.
Related months to read
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 Hungary gold market
Hungary 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
HUF (Ft)
Daily gold price — June 2021, Hungary
Ft620,822
$1,899.40/oz
Ft621,934
$1,902.80/oz
Ft610,101
$1,866.60/oz
Ft617,946
$1,890.60/oz
Ft621,082
$1,900.20/oz
Ft617,227
$1,888.40/oz
Ft618,796
$1,893.20/oz
Ft619,253
$1,894.60/oz
Ft617,325
$1,888.70/oz
Ft614,841
$1,881.10/oz
Ft613,854
$1,878.08/oz
Ft609,775
$1,865.60/oz
Ft609,611
$1,865.10/oz
Ft608,206
$1,860.80/oz
Ft581,371
$1,778.70/oz
Ft579,541
$1,773.10/oz
Ft583,962
$1,786.63/oz
Ft580,195
$1,775.10/oz
Ft580,195
$1,775.10/oz
Ft585,588
$1,791.60/oz
Ft583,398
$1,784.90/oz
Ft583,986
$1,786.70/oz
Ft583,702
$1,785.83/oz
Ft581,894
$1,780.30/oz
Ft573,788
$1,755.50/oz
Ft576,305
$1,763.20/oz
How Hungary 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 HUF/USD exchange rate comes from exchangerate-api.com's 2021 year-end snapshot.
Conversion. Every HUF figure on this page is computed as XAU/USD price × HUF/USD rate. We use the year-end exchange rate consistently across all June 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 Hungary, add the country-specific levies described in the “Hungarygold market” section above.
FAQ — Hungary gold price in June 2021
What was the gold price in Hungary in June 2021?
In June 2021, gold in Hungary opened at Ft620,822/oz and closed at Ft576,305/oz — a move of -7.17% on the month. Per tola: ≈Ft216,118; per gram: ≈Ft18,529; per 10g: ≈Ft185,286.
What was the 24K gold rate per tola in Hungary in June 2021?
The 24K gold rate per tola in Hungary at the June 2021 close was approximately Ft216,118, derived from international XAU/USD spot of $1,763.20/oz times the 2021-end HUF/USD exchange rate of 326.8518. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Hungary in June 2021?
Hungary's most-quoted retail standard is 24K per gram. At the June 2021 close, that worked out to approximately Ft18,510 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
HUF prices on this page are computed from the verified international XAU/USD spot price for June 2021 (sourced from gold-api.com), multiplied by the 2021-end HUF/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 Ft figures here represent the international gold spot price converted to HUF at the 2021-end exchange rate. Hungary'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 Hungary? See live gold prices in Hungary 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 June 2021 page with the country-by-country list at the bottom.
Other markets? Compare June 2021 prices across other major gold-trading countries: Eurozone, Czech Republic, Romania, Poland, Bulgaria.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to HUF 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 Hungary before transacting.