Gold price today in Hungary

Compulsory hallmarks from the Budapest assay office

Hallmarking is compulsory in Hungary. Gold, silver, platinum and palladium articles are tested and stamped by the precious-metal hallmarking department of the Budapest Capital Government Office, under Government Decree 508/2017. Gold items under 1 g are exempt, and so are coins, medals, bars and semi-finished products. The legal gold finenesses listed for Hungary are 916, 750, 585 and 375 thousandths (22, 18, 14 and 9 karat). Today the bare international price works out to about 42,036 HUF per gram of 24k gold, 31,527 HUF for 18k and 24,591 HUF for 14k.

VAT: 27%, and why 1 g bars are not investment gold

Hungary's standard VAT rate is 27%. Investment gold is exempt under § 236 of the VAT Act, but § 235 sets the test: gold bars or plates must be at least 995 fine and weigh more than one gram, and gold coins must be at least 900 fine, minted after 1800, legal tender now or in the past, and usually sold for no more than 80% above their gold value. So a 1 g bar does not count as investment gold and pays VAT. A seller must always issue an invoice for investment gold.

Investment-gold dealers need a licence

New rules from 2026 put investment-gold dealers under the SZTFH (Supervisory Authority for Regulated Activities). Licences are harder to get, with higher requirements for capital, staff and technical systems, and every dealer had to hold its licence by 31 March. The SZTFH can also block websites without a Hungarian base that sell gold into Hungary, and fines run from HUF 500,000 to HUF 100 million.

The Hungarian Mint and the MNB's 110 tonnes

The Hungarian Mint (Magyar Pénzverő) is 100% owned by the central bank, the Magyar Nemzeti Bank (MNB), and has a coin shop in Budapest. The MNB holds 110 tonnes of gold. In September 2026 its Monetary Council reviewed its gold strategy and decided not to add more for now.

What moves the forint gold price

The forint price of gold is the dollar price converted at the USD/HUF rate, and the MNB publishes official exchange rates every day. The forint can move a lot against the dollar, so it often adds to or cancels out gold's own move. See what moves gold prices.

Rules for gold traders in Hungary

The Magyar Nemzeti Bank supervises investment firms. Since August 2019 its rules for CFDs sold by Hungarian-authorised providers set margin requirements by underlying, close positions at half the required margin, protect against a negative balance, require a standard risk warning and ban bonuses. Check a firm's MNB authorisation before you trade.

Our country guides explain how to check a firm before you open an account.

Trading hours in Central European Time

The international gold market trades almost around the clock, from Monday morning in Asia to Friday evening in New York. The busiest window, the London–New York overlap, falls today at about 14:00–18:00 CET/CEST. That is when US data such as payrolls and inflation is released and the price usually moves most. Hungary is on CET (UTC+1) in winter and CEST (UTC+2) in summer, so the overlap falls in the afternoon; it moves by an hour for a few weeks a year because Europe and the US change their clocks on different dates. The gold market hours tool shows every session in your own time zone.

How this HUF 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 = 323.41 HUF. 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 HUF = $129.98 × 323.41 = 42,036 HUF (24k, pure gold).
3. Price per 10 grams = 42,036 × 10 = 420,359 HUF.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 18k = 0.75, 14k = 0.585, 9k = 0.375.

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 Hungary, 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