Czech Republic · CZK · July 2024

Gold Price in Czech Republic — July 2024

In July 2024, the gold price in Czech Republic closed at approximately Kč59,266 per troy ounce, equivalent to Kč22,225 per tola or Kč1,905 per gram. This represents a +2.20% change on the month (Kč57,989 open → Kč59,266 close).

+2.20% on the month

Open

Kč57,989

per troy ounce

Close

Kč59,266

per troy ounce

High

Kč60,057

per troy ounce

Low

Kč56,506

per troy ounce

All unit prices at July 2024 close — Czech Republic

UnitWeightClosing CZK price
Troy ounce31.1035 gKč59,266
Gram1.0000 gKč1,905
10 grams10 gKč19,054
Kilogram1,000 gKč1,905,437
Tola11.664 gKč22,225
CZK prices computed from XAU/USD ($2,451.01/oz close) × 2024-end CZK/USD rate (24.1802). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at July 2024 close

KaratPer gramPer tola
24KCZECH REPUBLIC STDKč1,904Kč22,203
22KKč1,745Kč20,358
21KKč1,667Kč19,447
18KKč1,429Kč16,669
14KKč1,115Kč13,002
10KKč795Kč9,268

Daily gold price in CZK — July 2024

27 trading days
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July 2024 gold market: Fresh records on reviving rate-cut hopes

Bullish

Softer inflation and rate-cut hopes drove fresh records.

Gold pushed to new record highs toward $2,480 in late July 2024 as a softer US inflation print revived expectations that the Fed would soon cut rates. A weaker dollar and safe-haven demand amid US political uncertainty added to the momentum.

What drove gold in July 2024

  • softer US June CPI
  • reviving Fed rate-cut bets
  • weaker dollar
  • US political uncertainty
Themes#Fed policy#rate cuts#all-time high

Key events in July 2024

  1. Jul 17Gold sets a record near $2,480 on rate-cut optimism

What happened next

Momentum carried gold to its first close above $2,500 in August.

For gold buyers in Czech Republic

July confirmed the dips were for buying — each cooler inflation print sent gold to new highs.

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 — July 2024, 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 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 July 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 July 2024

What was the gold price in Czech Republic in July 2024?

In July 2024, gold in Czech Republic opened at Kč57,989/oz and closed at Kč59,266/oz — a move of +2.20% on the month. Per tola: ≈Kč22,225; per gram: ≈Kč1,905; per 10g: ≈Kč19,054.

What was the 24K gold rate per tola in Czech Republic in July 2024?

The 24K gold rate per tola in Czech Republic at the July 2024 close was approximately Kč22,225, derived from international XAU/USD spot of $2,451.01/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 July 2024?

Czech Republic's most-quoted retail standard is 24K per gram. At the July 2024 close, that worked out to approximately Kč1,904 (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 July 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 July 2024 page with the country-by-country list at the bottom.

Other markets? Compare July 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.