Belarus · BYN · February 2024

Gold Price in Belarus — February 2024

In February 2024, the gold price in Belarus closed at approximately Br6,866 per troy ounce, equivalent to Br2,575 per tola or Br221 per gram. This represents a -0.72% change on the month (Br6,915 open → Br6,866 close).

-0.72% on the month

Open

Br6,915

per troy ounce

Close

Br6,866

per troy ounce

High

Br6,915

per troy ounce

Low

Br6,683

per troy ounce

All unit prices at February 2024 close — Belarus

UnitWeightClosing BYN price
Troy ounce31.1035 gBr6,866
Gram1.0000 gBr221
10 grams10 gBr2,207
Kilogram1,000 gBr220,743
Tola11.664 gBr2,575
BYN prices computed from XAU/USD ($2,050.75/oz close) × 2024-end BYN/USD rate (3.348). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at February 2024 close

KaratPer gramPer tola
24KBELARUS STDBr221Br2,572
22KBr202Br2,358
21KBr193Br2,253
18KBr166Br1,931
14KBr129Br1,506
10KBr92Br1,074

Daily gold price in BYN — February 2024

25 trading days
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February 2024 gold market: Consolidation as hot data delays cuts

Range-bound

A tight range as hot inflation delayed rate-cut bets.

Gold held in a tight range around $2,030 in February 2024, dipping toward $1,990 after a hotter-than-expected US inflation report pushed back expectations for Fed rate cuts. Steady central-bank and Asian demand kept the pullbacks shallow.

What drove gold in February 2024

  • hotter US inflation print
  • rate-cut expectations pushed back
  • steady central-bank demand
  • firm dollar
Themes#Fed policy#inflation#consolidation

Key events in February 2024

  1. Feb 13Hot US CPI dips gold toward $1,990 before it recovers

What happened next

The coiled range resolved explosively in March with a breakout to record highs.

For gold buyers in Belarus

February's quiet consolidation was the calm before March's historic breakout — accumulation paid off.

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 Belarus gold market

Belarus 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

BYN (Br)

Daily gold price — February 2024, Belarus

How Belarus 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 BYN/USD exchange rate comes from exchangerate-api.com's 2024 year-end snapshot.

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

FAQ — Belarus gold price in February 2024

What was the gold price in Belarus in February 2024?

In February 2024, gold in Belarus opened at Br6,915/oz and closed at Br6,866/oz — a move of -0.72% on the month. Per tola: ≈Br2,575; per gram: ≈Br221; per 10g: ≈Br2,207.

What was the 24K gold rate per tola in Belarus in February 2024?

The 24K gold rate per tola in Belarus at the February 2024 close was approximately Br2,575, derived from international XAU/USD spot of $2,050.75/oz times the 2024-end BYN/USD exchange rate of 3.348. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Belarus in February 2024?

Belarus's most-quoted retail standard is 24K per gram. At the February 2024 close, that worked out to approximately Br221 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

BYN prices on this page are computed from the verified international XAU/USD spot price for February 2024 (sourced from gold-api.com), multiplied by the 2024-end BYN/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 Br figures here represent the international gold spot price converted to BYN at the 2024-end exchange rate. Belarus'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 Belarus? See live gold prices in Belarus 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 February 2024 page with the country-by-country list at the bottom.

Other markets? Compare February 2024 prices across other major gold-trading countries: Russia, Ukraine, Poland, Eurozone, Hungary, Czech Republic.

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