Romania · RON · June 2024

Gold Price in Romania — June 2024

In June 2024, the gold price in Romania closed at approximately lei11,155 per troy ounce, equivalent to lei4,183 per tola or lei359 per gram. This represents a +0.52% change on the month (lei11,097 open → lei11,155 close).

+0.52% on the month

Open

lei11,097

per troy ounce

Close

lei11,155

per troy ounce

High

lei11,390

per troy ounce

Low

lei11,038

per troy ounce

All unit prices at June 2024 close — Romania

UnitWeightClosing RON price
Troy ounce31.1035 glei11,155
Gram1.0000 glei359
10 grams10 glei3,586
Kilogram1,000 glei358,649
Tola11.664 glei4,183
RON prices computed from XAU/USD ($2,338.55/oz close) × 2024-end RON/USD rate (4.7702). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at June 2024 close

KaratPer gramPer tola
24KROMANIA STDlei358lei4,179
22Klei329lei3,832
21Klei314lei3,660
18Klei269lei3,137
14Klei210lei2,447
10Klei150lei1,744

Daily gold price in RON — June 2024

26 trading days
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June 2024 gold market: Consolidation after the spring records

Range-bound

An orderly pause after the record-setting spring.

Gold consolidated around $2,320–$2,330 in June 2024 after its torrid spring run, as the Federal Reserve held rates steady and trimmed its projected number of 2024 cuts. The pause was orderly, with central-bank and Asian demand absorbing the profit-taking.

What drove gold in June 2024

  • Fed holds rates, projects fewer cuts
  • profit-taking after spring records
  • steady official-sector demand
  • firm dollar
Themes#Fed policy#consolidation#central-bank demand

Key events in June 2024

  1. Jun 12Fed holds and trims its 2024 rate-cut projection; gold steadies

What happened next

Reviving rate-cut hopes drove gold back to records in July.

For gold buyers in Romania

June's calm digestion of huge gains signalled a healthy trend rather than an exhausted one.

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 Romania gold market

Romania 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

RON (lei)

Daily gold price — June 2024, Romania

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

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

FAQ — Romania gold price in June 2024

What was the gold price in Romania in June 2024?

In June 2024, gold in Romania opened at lei11,097/oz and closed at lei11,155/oz — a move of +0.52% on the month. Per tola: ≈lei4,183; per gram: ≈lei359; per 10g: ≈lei3,586.

What was the 24K gold rate per tola in Romania in June 2024?

The 24K gold rate per tola in Romania at the June 2024 close was approximately lei4,183, derived from international XAU/USD spot of $2,338.55/oz times the 2024-end RON/USD exchange rate of 4.7702. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Romania in June 2024?

Romania's most-quoted retail standard is 24K per gram. At the June 2024 close, that worked out to approximately lei358 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

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

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

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