Czech Republic · CZK · October 2021

Gold Price in Czech RepublicOctober 2021

In October 2021, the gold price in Czech Republic closed at approximately Kč39,546 per troy ounce, equivalent to Kč14,830 per tola or Kč1,271 per gram. This represents a +1.07% change on the month (Kč39,127 open → Kč39,546 close).

+1.07% on the month

Open

Kč39,127

per troy ounce

Close

Kč39,546

per troy ounce

High

Kč39,859

per troy ounce

Low

Kč38,607

per troy ounce

All unit prices at October 2021 close — Czech Republic

UnitWeightClosing CZK price
Troy ounce31.1035 gKč39,546
Gram1.0000 gKč1,271
10 grams10 gKč12,714
Kilogram1,000 gKč1,271,421
Tola11.664 gKč14,830
CZK prices computed from XAU/USD ($1,795.84/oz close) × 2021-end CZK/USD rate (22.0207). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at October 2021 close

KaratPer gramPer tola
24KCZECH REPUBLIC STDKč1,270Kč14,815
22KKč1,165Kč13,584
21KKč1,112Kč12,976
18KKč954Kč11,122
14KKč744Kč8,675
10KKč530Kč6,184

Daily gold price in CZKOctober 2021

26 trading days
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October 2021 gold market: Inflation worries steady gold

Range-bound

Inflation worries offset taper pressure.

Gold recovered toward $1,790–$1,800 in October as surging energy prices and persistent supply-chain disruptions drove inflation expectations higher, reviving some hedging demand even as the taper loomed.

What drove gold in October 2021

  • surging energy prices
  • rising inflation expectations
  • supply-chain disruptions
  • looming Fed taper
Themes#inflation#energy prices#supply chains

Key events in October 2021

  1. Oct 22Gold firms near $1,800 as inflation gauges climb

What happened next

November brought a sharp inflation-driven spike and an equally sharp reversal.

For gold buyers in Czech Republic

October showed gold could still catch a bid on inflation fear, even with the Fed preparing to tighten.

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 Czech Republic gold market

Czech Republic 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

CZK ()

Daily gold price — October 2021, Czech Republic

How Czech Republic 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 CZK/USD exchange rate comes from exchangerate-api.com's 2021 year-end snapshot.

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

FAQ — Czech Republic gold price in October 2021

What was the gold price in Czech Republic in October 2021?

In October 2021, gold in Czech Republic opened at Kč39,127/oz and closed at Kč39,546/oz — a move of +1.07% on the month. Per tola: ≈Kč14,830; per gram: ≈Kč1,271; per 10g: ≈Kč12,714.

What was the 24K gold rate per tola in Czech Republic in October 2021?

The 24K gold rate per tola in Czech Republic at the October 2021 close was approximately Kč14,830, derived from international XAU/USD spot of $1,795.84/oz times the 2021-end CZK/USD exchange rate of 22.0207. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Czech Republic in October 2021?

Czech Republic's most-quoted retail standard is 24K per gram. At the October 2021 close, that worked out to approximately Kč1,270 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

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

Other markets? Compare October 2021 prices across other major gold-trading countries: Eurozone, Poland, Hungary, Romania, Bulgaria, Switzerland.

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