Czech Republic · CZK · December 2023

Gold Price in Czech Republic — December 2023

In December 2023, the gold price in Czech Republic closed at approximately Kč46,479 per troy ounce, equivalent to Kč17,430 per tola or Kč1,494 per gram. This represents a +1.61% change on the month (Kč45,741 open → Kč46,479 close).

+1.61% on the month

Open

Kč45,741

per troy ounce

Close

Kč46,479

per troy ounce

High

Kč48,057

per troy ounce

Low

Kč44,297

per troy ounce

All unit prices at December 2023 close — Czech Republic

UnitWeightClosing CZK price
Troy ounce31.1035 gKč46,479
Gram1.0000 gKč1,494
10 grams10 gKč14,943
Kilogram1,000 gKč1,494,330
Tola11.664 gKč17,430
CZK prices computed from XAU/USD ($2,078.40/oz close) × 2023-end CZK/USD rate (22.3628). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at December 2023 close

KaratPer gramPer tola
24KCZECH REPUBLIC STDKč1,493Kč17,412
22KKč1,369Kč15,966
21KKč1,308Kč15,251
18KKč1,121Kč13,072
14KKč874Kč10,196
10KKč623Kč7,268

Daily gold price in CZK — December 2023

22 trading days
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December 2023 gold market: Brief record high caps a strong year

Bullish

A record intraday high capped a 13% year.

Gold spiked to a record intraday high around $2,150 in early December before settling back to close 2023 near $2,060 — up roughly 13% on the year. Mounting expectations of 2024 Fed rate cuts and record central-bank buying underpinned the strength.

What drove gold in December 2023

  • 2024 rate-cut expectations building
  • record central-bank gold demand
  • softening dollar and yields
  • momentum into year-end
Themes#all-time high#central-bank demand#Fed pivot hopes

Key events in December 2023

  1. Dec 4Gold prints a record intraday high near $2,150

What happened next

The record attempt set the stage for 2024's decisive breakout above the old ceiling.

For gold buyers in Czech Republic

2023 closed up about 13% with a record intraday high — the springboard for 2024's historic breakout.

Related months to read

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 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 (Kč)

Daily gold price — December 2023, 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 2023 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 December 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 Czech Republic, add the country-specific levies described in the “Czech Republicgold market” section above.

FAQ — Czech Republic gold price in December 2023

What was the gold price in Czech Republic in December 2023?

In December 2023, gold in Czech Republic opened at Kč45,741/oz and closed at Kč46,479/oz — a move of +1.61% on the month. Per tola: ≈Kč17,430; per gram: ≈Kč1,494; per 10g: ≈Kč14,943.

What was the 24K gold rate per tola in Czech Republic in December 2023?

The 24K gold rate per tola in Czech Republic at the December 2023 close was approximately Kč17,430, derived from international XAU/USD spot of $2,078.40/oz times the 2023-end CZK/USD exchange rate of 22.3628. 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 December 2023?

Czech Republic's most-quoted retail standard is 24K per gram. At the December 2023 close, that worked out to approximately Kč1,493 (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 December 2023 (sourced from gold-api.com), multiplied by the 2023-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 2023-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 2023 archive or the USD-only December 2023 page with the country-by-country list at the bottom.

Other markets? Compare December 2023 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 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 Czech Republic before transacting.