Gold rate today in Kyiv

Today's gold price in Kyiv

The international price puts a gram of 24k gold in Kyiv at roughly 5,906 UAH today, with 22k at about 5,414 UAH. Per 10 grams, a common size for small bars and rate boards, that is about 59,056 UAH for 24k. These are spot-based figures, before any tax, premium or making charge.

Gold coins and hallmarks in Kyiv

The National Bank of Ukraine's Kyiv regional office, at 2a Kontraktova Square, buys and sells the NBU's 999.9 gold Archangel Michael bullion coins. Its cash desks are open Monday to Thursday from 9:30 to 17:00 and on Friday from 9:30 to 15:45.

Kyiv is also the seat of Ukraine's hallmarking system: the Central State Enterprise of Assay Control of the Ministry of Finance and the State Assay Office, which oversee four regional assay enterprises.

What moves the gold price in Kyiv

Everything on a Kyiv rate board starts from the same place: the dollar price of gold (about $4,042.7 an ounce today) converted at the USD/UAH rate of 45.436. The hryvnia gold price is the dollar price converted at the USD/UAH rate, so a weaker hryvnia 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 Kyiv

The shelf price in Kyiv is higher than the converted figure above. A shop adds 20% standard VAT 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. Hallmarking is compulsory in Ukraine, and the listed legal gold finenesses are 999, 958, 750, 585, 500 and 375.

Gold market hours in Kyiv

The international gold market trades almost around the clock on weekdays. In Kyiv the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 15:00–19:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 12:30 and 17:00 in Kyiv, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 15:30 local time. The week's trading closes at 00:00 on Saturday and reopens at 01:00 on Monday, Kyiv time; over the weekend the price on this page is the last close. The National Bank of Ukraine sets an official gold (XAU) rate with its currency rates, but shops set their own prices from the international price. Our gold market hours tool shows the sessions in any time zone.

Kyiv compared with Bucharest

It is natural to compare Bucharest with the price at home. On the converted spot price neither city is cheaper: Bucharest quotes about 619.84 RON per gram of 24k, which is the same $129.98 per gram as Kyiv's 5,906 UAH. What differs is what each market adds. In Kyiv that is 20% standard VAT and the seller's margin; in Bucharest it is 21% standard VAT on jewellery (investment gold is VAT-exempt) and the seller's margin. Buying abroad also means paying an exchange margin and checking the customs allowance at home.

How this UAH 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 = 45.436 UAH. 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 UAH = $129.98 × 45.436 = 5,906 UAH (24k, pure gold).
3. Price per 10 grams = 5,906 × 10 = 59,056 UAH.
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 Kyiv, 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