Bulgaria · BGN · April 2023

Gold Price in BulgariaApril 2023

In April 2023, the gold price in Bulgaria closed at approximately лв3,552 per troy ounce, equivalent to лв1,332 per tola or лв114 per gram. This represents a +0.32% change on the month (лв3,541 open → лв3,552 close).

+0.32% on the month

Open

лв3,541

per troy ounce

Close

лв3,552

per troy ounce

High

лв3,627

per troy ounce

Low

лв3,495

per troy ounce

All unit prices at April 2023 close — Bulgaria

UnitWeightClosing BGN price
Troy ounce31.1035 gлв3,552
Gram1.0000 gлв114
10 grams10 gлв1,142
Kilogram1,000 gлв114,199
Tola11.664 gлв1,332
BGN prices computed from XAU/USD ($2,006.07/oz close) × 2023-end BGN/USD rate (1.7706). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at April 2023 close

KaratPer gramPer tola
24KBULGARIA STDлв114лв1,331
22Kлв105лв1,220
21Kлв100лв1,166
18Kлв86лв999
14Kлв67лв779
10Kлв48лв555

Daily gold price in BGNApril 2023

26 trading days
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April 2023 gold market: Gold consolidates above $1,950

Range-bound

A firm hold near $2,000 after the March surge.

Gold held firm above $1,950 in April, briefly trading over $2,000, as the banking aftermath kept safe-haven demand alive and the dollar stayed soft. The metal consolidated its sharp March gains rather than extending them.

What drove gold in April 2023

  • lingering banking-sector stress
  • soft US dollar
  • steady central-bank demand
  • rate-cut expectations
Themes#banking aftermath#consolidation#central-bank demand

Key events in April 2023

  1. Apr 13Gold trades above $2,000 intraday before easing

What happened next

Gold made a fuller run at its record in early May amid debt-ceiling brinkmanship.

For gold buyers in Bulgaria

April's steadiness near $2,000 showed the March rally had staying power, not just a panic spike.

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 Bulgaria gold market

Bulgaria 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

BGN (лв)

Daily gold price — April 2023, Bulgaria

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

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

FAQ — Bulgaria gold price in April 2023

What was the gold price in Bulgaria in April 2023?

In April 2023, gold in Bulgaria opened at лв3,541/oz and closed at лв3,552/oz — a move of +0.32% on the month. Per tola: ≈лв1,332; per gram: ≈лв114; per 10g: ≈лв1,142.

What was the 24K gold rate per tola in Bulgaria in April 2023?

The 24K gold rate per tola in Bulgaria at the April 2023 close was approximately лв1,332, derived from international XAU/USD spot of $2,006.07/oz times the 2023-end BGN/USD exchange rate of 1.7706. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Bulgaria in April 2023?

Bulgaria's most-quoted retail standard is 24K per gram. At the April 2023 close, that worked out to approximately лв114 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

BGN prices on this page are computed from the verified international XAU/USD spot price for April 2023 (sourced from gold-api.com), multiplied by the 2023-end BGN/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 лв figures here represent the international gold spot price converted to BGN at the 2023-end exchange rate. Bulgaria'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 Bulgaria? See live gold prices in Bulgaria 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 April 2023 page with the country-by-country list at the bottom.

Other markets? Compare April 2023 prices across other major gold-trading countries: Eurozone, Romania, Hungary, Turkey, Croatia, Poland.

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