Argentina · ARS · June 2022

Gold Price in ArgentinaJune 2022

In June 2022, the gold price in Argentina closed at approximately $320,232 per troy ounce, equivalent to $120,089 per tola or $10,296 per gram. This represents a -1.51% change on the month ($325,149 open → $320,232 close).

-1.51% on the month

Open

$325,149

per troy ounce

Close

$320,232

per troy ounce

High

$331,182

per troy ounce

Low

$320,232

per troy ounce

All unit prices at June 2022 close — Argentina

UnitWeightClosing ARS price
Troy ounce31.1035 g$320,232
Gram1.0000 g$10,296
10 grams10 g$102,957
Kilogram1,000 g$10,295,695
Tola11.664 g$120,089
ARS prices computed from XAU/USD ($1,817.00/oz close) × 2022-end ARS/USD rate (176.2422). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at June 2022 close

KaratPer gramPer tola
24KARGENTINA STD$10,285$119,969
22K$9,431$110,002
21K$9,009$105,078
18K$7,722$90,067
14K$6,023$70,252
10K$4,293$50,077

Daily gold price in ARSJune 2022

26 trading days
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June 2022 gold market: Biggest Fed hike since 1994 weighs on gold

Bearish

Aggressive tightening and a strong dollar dragged gold down.

Gold drifted lower to around $1,820 in June as the Federal Reserve delivered a 0.75-point hike — its largest since 1994 — and the dollar strengthened. Rising real yields steadily eroded gold's appeal even as recession fears built.

What drove gold in June 2022

  • Fed +75bp (Jun 15)
  • surging US dollar
  • rising real yields
  • building recession fears
Themes#Fed policy#rate hikes#US dollar strength

Key events in June 2022

  1. Jun 15Fed hikes 75bp, its largest move since 1994

What happened next

The relentless hikes pushed gold below $1,700 in July and toward its lows by September.

For gold buyers in Argentina

June underscored that aggressive rate hikes, not inflation alone, were driving gold — and the hikes were winning.

The 2022 gold market: Russia sanctions and a paradigm shift

Russia invaded Ukraine on February 24, 2022. G7/EU froze $300 billion of Russian central-bank reserves — the most consequential monetary event since 1971. Central-bank gold buying hit a record 1,082 tonnes (highest ever). Year close: $1,824 despite Fed's aggressive tightening.

Key drivers in 2022

Russia sanctions, central-bank reserve freezing, Fed hikes to 4.5%, gold's structural role redefined

2022 XAU/USD high

$2,070 (Mar)

2022 XAU/USD low

$1,621 (Sep)

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 Argentina gold market

Argentina 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

ARS ($)

Daily gold price — June 2022, Argentina

How Argentina 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 ARS/USD exchange rate comes from exchangerate-api.com's 2022 year-end snapshot.

Conversion. Every ARS figure on this page is computed as XAU/USD price × ARS/USD rate. We use the year-end exchange rate consistently across all June 2022 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 Argentina, add the country-specific levies described in the “Argentinagold market” section above.

FAQ — Argentina gold price in June 2022

What was the gold price in Argentina in June 2022?

In June 2022, gold in Argentina opened at $325,149/oz and closed at $320,232/oz — a move of -1.51% on the month. Per tola: ≈$120,089; per gram: ≈$10,296; per 10g: ≈$102,957.

What was the 24K gold rate per tola in Argentina in June 2022?

The 24K gold rate per tola in Argentina at the June 2022 close was approximately $120,089, derived from international XAU/USD spot of $1,817.00/oz times the 2022-end ARS/USD exchange rate of 176.2422. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Argentina in June 2022?

Argentina's most-quoted retail standard is 24K per gram. At the June 2022 close, that worked out to approximately $10,285 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

ARS prices on this page are computed from the verified international XAU/USD spot price for June 2022 (sourced from gold-api.com), multiplied by the 2022-end ARS/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 $ figures here represent the international gold spot price converted to ARS at the 2022-end exchange rate. Argentina'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 Argentina? See live gold prices in Argentina with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2022 archive or the USD-only June 2022 page with the country-by-country list at the bottom.

Other markets? Compare June 2022 prices across other major gold-trading countries: Brazil, Chile, Uruguay, Colombia, Peru, Mexico.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to ARS at the 2022-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 Argentina before transacting.