Czech Republic · CZK · January 2024
Gold Price in Czech Republic — January 2024
In January 2024, the gold price in Czech Republic closed at approximately Kč49,716 per troy ounce, equivalent to Kč18,644 per tola or Kč1,598 per gram. This represents a -0.62% change on the month (Kč50,029 open → Kč49,716 close).
Open
Kč50,029
per troy ounce
Close
Kč49,716
per troy ounce
High
Kč50,270
per troy ounce
Low
Kč48,952
per troy ounce
All unit prices at January 2024 close — Czech Republic
| Unit | Weight | Closing CZK price |
|---|---|---|
| Troy ounce | 31.1035 g | Kč49,716 |
| Gram | 1.0000 g | Kč1,598 |
| 10 grams | 10 g | Kč15,984 |
| Kilogram | 1,000 g | Kč1,598,410 |
| Tola | 11.664 g | Kč18,644 |
Karat-purity breakdown at January 2024 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KCZECH REPUBLIC STD | Kč1,597 | Kč18,625 |
| 22K | Kč1,464 | Kč17,078 |
| 21K | Kč1,399 | Kč16,313 |
| 18K | Kč1,199 | Kč13,983 |
| 14K | Kč935 | Kč10,907 |
| 10K | Kč667 | Kč7,774 |
Daily gold price in CZK — 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 Czech Republic
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 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 — January 2024, Czech Republic
Kč50,029
$2,069.00/oz
Kč50,270
$2,078.98/oz
Kč49,956
$2,066.01/oz
Kč49,594
$2,051.02/oz
Kč49,909
$2,064.04/oz
Kč49,489
$2,046.69/oz
Kč49,489
$2,046.69/oz
Kč49,377
$2,042.04/oz
Kč49,335
$2,040.30/oz
Kč49,453
$2,045.17/oz
Kč49,867
$2,062.31/oz
Kč49,779
$2,058.67/oz
Kč49,779
$2,058.67/oz
Kč49,680
$2,054.60/oz
Kč49,158
$2,032.98/oz
Kč48,952
$2,024.48/oz
Kč49,313
$2,039.42/oz
Kč49,138
$2,032.18/oz
Kč49,138
$2,032.18/oz
Kč49,279
$2,037.98/oz
Kč49,249
$2,036.74/oz
Kč48,987
$2,025.90/oz
Kč49,011
$2,026.90/oz
Kč49,270
$2,037.61/oz
Kč49,270
$2,037.61/oz
Kč49,536
$2,048.63/oz
Kč49,716
$2,056.07/oz
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 2024 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 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 Czech Republic, add the country-specific levies described in the “Czech Republicgold market” section above.
FAQ — Czech Republic gold price in January 2024
What was the gold price in Czech Republic in January 2024?
In January 2024, gold in Czech Republic opened at Kč50,029/oz and closed at Kč49,716/oz — a move of -0.62% on the month. Per tola: ≈Kč18,644; per gram: ≈Kč1,598; per 10g: ≈Kč15,984.
What was the 24K gold rate per tola in Czech Republic in January 2024?
The 24K gold rate per tola in Czech Republic at the January 2024 close was approximately Kč18,644, derived from international XAU/USD spot of $2,056.07/oz times the 2024-end CZK/USD exchange rate of 24.1802. 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 January 2024?
Czech Republic's most-quoted retail standard is 24K per gram. At the January 2024 close, that worked out to approximately Kč1,597 (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 January 2024 (sourced from gold-api.com), multiplied by the 2024-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 2024-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 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, 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 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 Czech Republic before transacting.