Bulgaria · BGN · January 2024
Gold Price in Bulgaria — January 2024
In January 2024, the gold price in Bulgaria closed at approximately лв3,861 per troy ounce, equivalent to лв1,448 per tola or лв124 per gram. This represents a -0.62% change on the month (лв3,886 open → лв3,861 close).
Open
лв3,886
per troy ounce
Close
лв3,861
per troy ounce
High
лв3,904
per troy ounce
Low
лв3,802
per troy ounce
All unit prices at January 2024 close — Bulgaria
| Unit | Weight | Closing BGN price |
|---|---|---|
| Troy ounce | 31.1035 g | лв3,861 |
| Gram | 1.0000 g | лв124 |
| 10 grams | 10 g | лв1,241 |
| Kilogram | 1,000 g | лв124,148 |
| Tola | 11.664 g | лв1,448 |
Karat-purity breakdown at January 2024 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KBULGARIA STD | лв124 | лв1,447 |
| 22K | лв114 | лв1,326 |
| 21K | лв109 | лв1,267 |
| 18K | лв93 | лв1,086 |
| 14K | лв73 | лв847 |
| 10K | лв52 | лв604 |
Daily gold price in BGN — January 2024
January 2024 gold market: Consolidation above $2,000
Range-boundA firm hold above $2,000 awaiting Fed cuts.
Gold opened 2024 holding comfortably above $2,000 near $2,040, consolidating the late-2023 breakout. Markets debated how soon the Federal Reserve would begin cutting rates, keeping prices range-bound but firm.
What drove gold in January 2024
- Fed rate-cut timing debate
- resilient central-bank demand
- Middle East tensions
- firm physical demand in Asia
Key events in January 2024
- Jan 31Fed holds rates; signals patience on cuts
What happened next
The quiet base broke decisively in March, when gold launched to new all-time highs.
For gold buyers in Bulgaria
January's calm above $2,000 was the launchpad for one of gold's strongest years on record.
The 2024 gold market: Above $2,500 — breakout to new highs
2024 saw gold break decisively above $2,000 and reach $2,790 by year-end. Central-bank buying continued at record pace. Geopolitical tensions (Middle East, Ukraine) and Fed rate cuts beginning in September drove the rally. Year close: $2,624.
Key drivers in 2024
Fed cuts begin, central-bank buying records, BRICS expansion, Middle East tensions, USD weakness
2024 XAU/USD high
$2,790 (Oct)
2024 XAU/USD low
$1,991 (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 — January 2024, Bulgaria
лв3,886
$2,069.00/oz
лв3,904
$2,078.98/oz
лв3,880
$2,066.01/oz
лв3,852
$2,051.02/oz
лв3,876
$2,064.04/oz
лв3,844
$2,046.69/oz
лв3,844
$2,046.69/oz
лв3,835
$2,042.04/oz
лв3,832
$2,040.30/oz
лв3,841
$2,045.17/oz
лв3,873
$2,062.31/oz
лв3,866
$2,058.67/oz
лв3,866
$2,058.67/oz
лв3,859
$2,054.60/oz
лв3,818
$2,032.98/oz
лв3,802
$2,024.48/oz
лв3,830
$2,039.42/oz
лв3,817
$2,032.18/oz
лв3,817
$2,032.18/oz
лв3,827
$2,037.98/oz
лв3,825
$2,036.74/oz
лв3,805
$2,025.90/oz
лв3,807
$2,026.90/oz
лв3,827
$2,037.61/oz
лв3,827
$2,037.61/oz
лв3,847
$2,048.63/oz
лв3,861
$2,056.07/oz
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 2024 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 January 2024 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 January 2024
What was the gold price in Bulgaria in January 2024?
In January 2024, gold in Bulgaria opened at лв3,886/oz and closed at лв3,861/oz — a move of -0.62% on the month. Per tola: ≈лв1,448; per gram: ≈лв124; per 10g: ≈лв1,241.
What was the 24K gold rate per tola in Bulgaria in January 2024?
The 24K gold rate per tola in Bulgaria at the January 2024 close was approximately лв1,448, derived from international XAU/USD spot of $2,056.07/oz times the 2024-end BGN/USD exchange rate of 1.8781. 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 January 2024?
Bulgaria's most-quoted retail standard is 24K per gram. At the January 2024 close, that worked out to approximately лв124 (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 January 2024 (sourced from gold-api.com), multiplied by the 2024-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 2024-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 2024 archive or the USD-only January 2024 page with the country-by-country list at the bottom.
Other markets? Compare January 2024 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 2024-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.