Argentina · ARS · November 2022

Gold Price in ArgentinaNovember 2022

In November 2022, the gold price in Argentina closed at approximately $309,041 per troy ounce, equivalent to $115,892 per tola or $9,936 per gram. This represents a +1.65% change on the month ($304,030 open → $309,041 close).

+1.65% on the month

Open

$304,030

per troy ounce

Close

$309,041

per troy ounce

High

$312,846

per troy ounce

Low

$287,063

per troy ounce

All unit prices at November 2022 close — Argentina

UnitWeightClosing ARS price
Troy ounce31.1035 g$309,041
Gram1.0000 g$9,936
10 grams10 g$99,359
Kilogram1,000 g$9,935,884
Tola11.664 g$115,892
ARS prices computed from XAU/USD ($1,753.50/oz close) × 2022-end ARS/USD rate (176.2422). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at November 2022 close

KaratPer gramPer tola
24KARGENTINA STD$9,926$115,776
22K$9,101$106,157
21K$8,694$101,406
18K$7,452$86,919
14K$5,812$67,797
10K$4,143$48,327

Daily gold price in ARSNovember 2022

26 trading days
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November 2022 gold market: Soft inflation print sparks a sharp rebound

Bullish

A violent rebound on the first sign of cooling inflation.

Gold rallied strongly in November, climbing back toward $1,800 after a softer-than-expected US inflation report on November 10 sent the dollar tumbling and revived hopes that the Fed would slow its hikes. It was gold's best month of the year.

What drove gold in November 2022

  • softer US CPI (Nov 10)
  • dollar pullback
  • Fed slowdown hopes
  • renewed central-bank gold buying
Themes#inflation#Fed pivot hopes#central-bank demand

Key events in November 2022

  1. Nov 10Cooler US inflation print; dollar drops, gold jumps

What happened next

The rebound carried gold into a quietly strong 2023, fuelled by record central-bank buying.

For gold buyers in Argentina

November's reversal showed how violently gold can snap back once the market smells a Fed pause — rewarding buyers of the September–October lows.

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 — November 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 November 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 November 2022

What was the gold price in Argentina in November 2022?

In November 2022, gold in Argentina opened at $304,030/oz and closed at $309,041/oz — a move of +1.65% on the month. Per tola: ≈$115,892; per gram: ≈$9,936; per 10g: ≈$99,359.

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

The 24K gold rate per tola in Argentina at the November 2022 close was approximately $115,892, derived from international XAU/USD spot of $1,753.50/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 November 2022?

Argentina's most-quoted retail standard is 24K per gram. At the November 2022 close, that worked out to approximately $9,926 (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 November 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 November 2022 page with the country-by-country list at the bottom.

Other markets? Compare November 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.