Gold rate today in Jablonec nad Nisou

Jablonec nad Nisou gold rate at a glance

Converted at today's rates, pure 24k gold costs about 2,824 CZK per gram in Jablonec nad Nisou, and 22k about 2,588 CZK. Per 10 grams, a common size for small bars and rate boards, that is about 28,235 CZK for 24k. These are spot-based figures, before any tax, premium or making charge.

Coins and hallmarks in Jablonec nad Nisou

Jablonec nad Nisou, in northern Bohemia, is where Czech coins are struck: the mint that makes the country's circulating and commemorative coins for the Czech National Bank is based here, along with its own gold and silver coins and medals, and a 2021 report said it was planning a new plant in Masná street.

The town also has one of the Czech Assay Office's nine workplaces, at Dolní náměstí 6, where gold goods are tested and hallmarked.

What moves the gold price in Jablonec nad Nisou

The Czech koruna gold price is simply the dollar price of gold multiplied by the exchange rate. Today that means about $4,042.7 per ounce times 21.724 CZK per dollar. The koruna gold price is the dollar price converted at the USD/CZK rate, and the Czech National Bank fixes its official exchange rate once each working day at about 2.30 p.m. A weaker koruna raises the local gold price even when gold is flat in dollars.

The dollar price itself responds to US interest-rate expectations, the strength of the dollar, inflation data, central-bank buying and geopolitical risk. Our guide to what moves gold prices covers each in turn.

Premiums, making charges and tax in Jablonec nad Nisou

The shelf price in Jablonec nad Nisou is higher than the converted figure above. A shop adds 21% VAT on jewellery (investment gold is VAT-exempt) and the seller's margin. On jewellery a making charge comes on top, so two pieces of the same weight and purity can carry very different prices. Gold goods for sale must carry an official hallmark, and the legal gold finenesses are 999, 986, 900, 750 and 585 (there is no 22 karat standard).

Gold market hours in Jablonec nad Nisou

The international gold market trades almost around the clock on weekdays. In Jablonec nad Nisou the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 14:00–18:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 11:30 and 16:00 in Jablonec nad Nisou, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 14:30 local time. The week's trading closes at 23:00 on Friday and reopens at 00:00 on Monday, Jablonec nad Nisou time; over the weekend the price on this page is the last close. We found no local gold exchange; prices follow the international price. Our gold market hours tool shows the sessions in any time zone.

Jablonec nad Nisou compared with Prague

Jablonec nad Nisou and Prague both price gold in CZK off the same international price and the same exchange rate, so the converted figure is identical: about 2,824 CZK per gram of 24k in both. Any difference at the counter comes from making charges, dealer premiums and how hard the shops compete.

How this CZK gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 21.724 CZK. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in CZK = $129.98 × 21.724 = 2,824 CZK (24k, pure gold).
3. Price per 10 grams = 2,824 × 10 = 28,235 CZK.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.75.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Jablonec nad Nisou, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions