Croatia · HRK · January 2023

Gold Price in Croatia — January 2023

In January 2023, the gold price in Croatia closed at approximately kn13,123 per troy ounce, equivalent to kn4,921 per tola or kn422 per gram. This represents a +1.38% change on the month (kn12,944 open → kn13,123 close).

+1.38% on the month

Open

kn12,944

per troy ounce

Close

kn13,123

per troy ounce

High

kn13,203

per troy ounce

Low

kn12,372

per troy ounce

All unit prices at January 2023 close — Croatia

UnitWeightClosing HRK price
Troy ounce31.1035 gkn13,123
Gram1.0000 gkn422
10 grams10 gkn4,219
Kilogram1,000 gkn421,917
Tola11.664 gkn4,921
HRK prices computed from XAU/USD ($1,923.90/oz close) × 2023-end HRK/USD rate (6.8211). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at January 2023 close

KaratPer gramPer tola
24KCROATIA STDkn421kn4,916
22Kkn386kn4,508
21Kkn369kn4,306
18Kkn316kn3,691
14Kkn247kn2,879
10Kkn176kn2,052

Daily gold price in HRK — January 2023

27 trading days
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January 2023 gold market: Strong start on China reopening

Bullish

China reopening and a softer dollar powered a strong start.

Gold rallied from about $1,820 to $1,920 in January as China's abrupt end to its zero-COVID policy revived demand expectations, the dollar weakened, and markets bet the Fed was nearly done hiking. It was one of gold's best opening months in years.

What drove gold in January 2023

  • China reopening from zero-COVID
  • weaker US dollar
  • Fed slowdown expectations
  • resilient central-bank buying
Themes#China demand#US dollar weakness#Fed pivot hopes

Key events in January 2023

  1. Jan 13Gold pushes toward $1,920 as the dollar slides

What happened next

Strong US data in February briefly revived the Fed-hawkish trade and pressured gold.

For gold buyers in Croatia

January's surge rewarded buyers of the late-2022 lows, as the Fed-pause story finally gained traction.

The 2023 gold market: Banking crisis and another record CB buy year

Silicon Valley Bank failed in March 2023, followed by Credit Suisse rescue. Gold rallied to $2,072 in May, then traded $1,820–$2,090 through year-end. Central banks bought another 1,037 tonnes — second-highest ever. Year close: $2,062.

Key drivers in 2023

Regional banking crisis, Credit Suisse failure, central-bank buying continues, persistent inflation

2023 XAU/USD high

$2,135 (Dec)

2023 XAU/USD low

$1,810 (Feb)

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 Croatia gold market

Croatia 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

HRK (kn)

Daily gold price — January 2023, Croatia

How Croatia 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 HRK/USD exchange rate comes from exchangerate-api.com's 2023 year-end snapshot.

Conversion. Every HRK figure on this page is computed as XAU/USD price × HRK/USD rate. We use the year-end exchange rate consistently across all January 2023 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 Croatia, add the country-specific levies described in the “Croatiagold market” section above.

FAQ — Croatia gold price in January 2023

What was the gold price in Croatia in January 2023?

In January 2023, gold in Croatia opened at kn12,944/oz and closed at kn13,123/oz — a move of +1.38% on the month. Per tola: ≈kn4,921; per gram: ≈kn422; per 10g: ≈kn4,219.

What was the 24K gold rate per tola in Croatia in January 2023?

The 24K gold rate per tola in Croatia at the January 2023 close was approximately kn4,921, derived from international XAU/USD spot of $1,923.90/oz times the 2023-end HRK/USD exchange rate of 6.8211. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Croatia in January 2023?

Croatia's most-quoted retail standard is 24K per gram. At the January 2023 close, that worked out to approximately kn421 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

HRK prices on this page are computed from the verified international XAU/USD spot price for January 2023 (sourced from gold-api.com), multiplied by the 2023-end HRK/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 kn figures here represent the international gold spot price converted to HRK at the 2023-end exchange rate. Croatia'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 Croatia? See live gold prices in Croatia with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2023 archive or the USD-only January 2023 page with the country-by-country list at the bottom.

Other markets? Compare January 2023 prices across other major gold-trading countries: Eurozone, Hungary, Romania, Bulgaria, Czech Republic, Poland.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to HRK at the 2023-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 Croatia before transacting.