Gold Price in Romania | 24 Carat Rate Updates – 2023

24 Carat Gold Price In Romania:
296.2 (RON) Per Gram

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The following article provides an overview of gold price in Romania today. You might be interested to find out how much gold is worth in Romanian leu (RON) if you are purchasing gold as an investment, ornament, or digital asset.

Following is the table of latest prices as per measuring units of Gold.

*these rates are taken from some reliable sources of the industry.

The demand for gold in Romania will rise along with the country’s economic growth, both for industrial purposes as well as for investments.

You can also purchase gold as jewelry and collectibles, in addition to gold bars and gold coins.

Gold Price In Romania Per Gram, Kilo, Ounce

Various gold prices in Romania are shown in the following table (ounces, tolas, grams, kilograms, etc.).

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Changes in gold prices depends upon these Parameters

Supply and Demand: A low supply and high demand will ultimately result in gold’s price rising in Romania.

Relation with Interest Rate: As interest rates increase and gold purchases decrease, the price of gold will decrease.

Ornaments: Gold jewelry is typically worn at weddings in Romania and on other special occasions. In Romania, weddings and parties feature a lot of gold jewelry.

Dollar to Local Currency Conversion: In international markets, gold is priced in US dollars. When calculating import prices, we take into account the exchange rate between the US Dollar (USD) and Romanian Leu (RON).

Rates for Gold Carats

This bird’s eye view will give you a general idea of gold carat prices.

You will find the prices per gram, per 10 grams, per Tola, per Aana, and per ounce in the table below, to know more about gold price in Romania.

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Gold Measurements

In Romania, gold weight is also measured in grams, kilograms, and tolas.

• 1 Tola = 11.66 grams
• 1 Ounce = 31.1034 grams
• 1 Kilograms = 1000 grams
• 1 troy ounce = 31.1034768 grams

The tools below allow you to convert gold weight between different units:-

Gold Price in Romania | Calculator

From here, you can calculate the quantity of gold for any number of items

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Things to keep in mind before making a purchase

• It is best to invest in 24k.
• Make sure 22k, 21k, and 18k gold ornaments have the highest purity possible before buying.
• Not only on daily basis, gold prices also changes as per location. Find below today’s 22-karat gold price in Romania.
• Gold purity standards vary from country to country, which is happening as a whole.
• In 100 grams of gold, or 916 grams of gold, there are about 91.66 grams of pure gold.
• Jewelers also charge the making charges on the gold ornaments. For gold, the jewellery making charges are usually about 15 percent of the current price.

Gold Rates issuing authority

There are multiple factors that contribute in deciding the gold rates. Government authority that controls the spot gold price in the country, the Central Bank, and some jewelers association mutually decide the gold prices.

National Bank of Romania, is one of Romania’s most important sources of information regarding gold prices.

Gold Carats In Romania

Various carats and their respective Hallmark of Gold jewelry are as follows:

There are six types of hallmarked gold sold in Romania jewelry stores:

• 375 hallmarked gold (9 carat gold)
• 585 hallmarked gold (14 carat gold)
• 750 hallmarked gold (18 carat gold)
• 875 hallmarked gold (21 carat gold)
• 916 hallmarked gold (22 carat gold)
• 958 hallmarked gold (23 carat gold)
• 999 hallmarked gold (24 carat gold)

Historical Prices for All Gold Carats

Making accurate gold price predictions requires the study of historical gold prices 

DATE	24k Price (RON)	22k Price (RON)	21k Price (RON)	18k Price (RON)	14k Price (RON)
29 May 2023	289.2	265.1	253.1	216.9	168.9
28 May 2023	289.4	265.3	253.2	217	168.9
27 May 2023	289.4	265.3	253.2	217	168.9
26 May 2023	289.3	265.1	253.1	216.9	168.9
25 May 2023	291.1	266.8	254.7	218.3	169.9
24 May 2023	293.4	269	256.7	220	171.3
23 May 2023	290.2	266	253.9	217.6	169.4
22 May 2023	292.7	268.3	256.1	219.5	170.9
21 May 2023	292.9	268.5	256.3	219.7	171
20 May 2023	293	268.6	256.4	219.8	171.1
19 May 2023	291.8	267.5	255.3	218.9	170.4
18 May 2023	291.8	267.5	255.3	218.9	170.4
17 May 2023	292	267.7	255.5	219	170.5
16 May 2023	294.6	270	257.7	220.9	172
15 May 2023	293.5	269	256.7	220.1	171.3
14 May 2023	294.2	269.6	257.4	220.6	171.7
13 May 2023	294.2	269.6	257.4	220.6	171.7
12 May 2023	292.2	267.9	255.7	219.1	170.6
11 May 2023	293.4	269	256.7	220.1	171.3
10 May 2023	293.3	268.8	256.6	219.9	171.2
9 May 2023	291.8	267.5	255.3	218.8	170.3
8 May 2023	290.6	266.4	254.3	217.9	169.7
7 May 2023	290.1	265.9	253.8	217.6	169.4
6 May 2023	290.1	265.9	253.8	217.6	169.4
5 May 2023	294.2	269.7	257.4	220.6	171.7
4 May 2023	292.6	268.2	256	219.5	170.8
3 May 2023	290.2	266	253.9	217.6	169.4
2 May 2023	285.7	261.9	249.9	214.2	166.8
1 May 2023	285.9	262.1	250.1	214.4	166.9

Gold Price in Other Countries

Check out gold price in other featured countries from the list below

Disclaimer:

Several factors affect the gold market in Romania, so the prices don’t accurately reflect international prices.

Prices are usually updated every 15 minutes, but some sources update every five minutes.

A few physical stores may also have cheaper prices you can check in addition to online.

JewellsMark, neither controls nor is responsible for the international gold price.