price of gold in Ukraine

Current Gold Prices in Ukraine: Live Market Rates

As of December 4, 2024, the gold price in Ukraine is 3,554.38 Ukrainian Hryvnias (UAH). Today, the gold rate went up by +0.09% (+3.20 UAH). The update time is 02:30:03 pm (Kiev time).

Today, the highest price was 3,564.89 UAH. The lowest was 3,544.71 UAH. The market is a bit shaky, with a 20.20 UAH price swing.

Key Takeaways

  • The current gold price per gram in Ukraine is 3,554.38 UAH.
  • Gold prices have increased by 0.09% (+3.20 UAH) today.
  • The market volatility status is medium, with a price range of 20.20 UAH.
  • Today’s high price is 3,564.89 UAH, and the low is 3,544.71 UAH.
  • The live gold price is updated every 10 seconds on BullionVault.

Understanding Today’s Gold Market in Ukraine

The gold market in Ukraine is always changing. It’s important to know the latest news and what affects gold prices. This section will give you a full view of the Ukrainian gold market.

Live Gold Rates and Market Updates

The gold price in Ukraine is 110,151₴ per ounce as of December 4, 2024. It went down a bit from 110,366₴ the day before. This is a big jump of 48% from last year’s price of 74,284₴ per ounce.

The spot price of gold in Ukraine is 110,151₴ per ounce. The market is very volatile. The highest price was 115,094₴ per ounce on October 30, 2024.

Factors Influencing Ukrainian Gold Prices

Gold prices in Ukraine are shaped by supply and demand. Many things affect this, like currency rates, international trends, and local economy.

The tension between Russia and Ukraine has made gold more popular. This has pushed prices up. The US Federal Reserve’s actions and the world’s economic outlook also impact Ukrainian gold prices.

Current Market Volatility Status

Gold prices in Ukraine change a lot because of the global market. Trades happen all day, every day, except weekends. This can be both good and bad for investors and traders.

Right now, the Ukrainian gold market is quite volatile. Prices change daily, and spreads are seen. Investors should watch the market closely and make smart choices to deal with its ups and downs.

Price of Gold in Ukraine: Latest Rates and Trends

The Ukrainian gold market has seen big changes lately. Gold prices in Ukraine went up by almost 5% in the last week. This is the best change since early October 2023. It matches the global gold market, where prices rose by 0.58% to $2,688.35 per ounce.

Over the past year, gold prices in Ukraine have surged by an impressive 34%, reaching an all-time high of $2,790.15 in late October. U.S. gold futures also went up by 0.57%, reaching $2,690.10. But, the U.S. dollar got stronger by 0.17% to 107.14, affecting gold prices for others, including Ukraine.

Gold Unit Current Price (UAH)
1 gram 3,554.47
5 grams 17,772.37
100 grams 355,447.49
1 ounce 110,559.10

These latest gold rates in Ukraine show a small increase of +0.1% from yesterday. This shows a slight rise in the market. Experts think gold prices might go between $2,690 and $2,715 soon. They also think there’s a 55.9% chance of a 25-basis-points rate cut at the Fed’s December meeting.

For those thinking about buying gold in Ukraine or selling gold in Ukraine, watching these changes is key. The ups and downs in the Ukrainian gold market can be both good and bad for investors.

gold investment Ukraine

Gold Purity Standards and Their Value

The gold prices Ukraine depend on gold purity. In Ukraine, gold is measured in karats. 24K gold is the purest, at 99.999% purity. The gold rates in Ukraine for 24K gold are 3,554.47 UAH per gram.

But not all gold is the same. 22K gold is 3,258.27 UAH, 18K is 2,665.86 UAH, and 14K is 2,073.44 UAH per gram. These prices show the value of gold content. Higher karat values mean higher prices because they are purer.

24K Gold Specifications and Rates

24K gold, or “pure gold,” is the most valuable in Ukraine. It has 99.999% purity. The price for 24K gold is 3,554.47 UAH per gram.

Different Karat Values Explained

  • 22K gold: It has 91.67% pure gold. The price is 3,258.27 UAH per gram.
  • 18K gold: It has 75% pure gold. It’s a good choice for jewelry. The price is 2,665.86 UAH per gram.
  • 14K gold: It’s the most common gold alloy. It has 58.33% pure gold. The price is 2,073.44 UAH per gram.

Price Variations by Purity Level

The price of gold in Ukraine goes up with purity. The higher the karat value, the more pure the gold. This lets Ukrainian buyers choose based on budget and preference.

Gold Purity Gold Price (UAH/gram)
24K (99.999% pure) 3,554.47
22K (91.67% pure) 3,258.27
18K (75% pure) 2,665.86
14K (58.33% pure) 2,073.44

Gold Weight Units and Pricing Structure

Understanding the price of gold in Ukraine is key. The gold prices Ukraine market has many options. This makes it easy for investors and buyers to find what they need.

The gram is the main unit for Ukraine gold market prices. It costs 3,554.47 Ukrainian Hryvnia (UAH) per gram. You can also buy in ounces (110,559.10 UAH) or kilograms (3,554,552.32 UAH).

Weight Unit Price (UAH)
Gram 3,554.47
Ounce 110,559.10
Kilogram 3,554,552.32
Tola 41,459.66
Baht 52,288.92
Grain 230.33

The Ukraine gold market has many options. This suits both small and big investors. It helps meet different needs and goals.

Ukraine Gold Prices

“The flexibility of the gold prices Ukraine market allows investors to tailor their purchases to their specific requirements, making it an attractive destination for both domestic and international buyers.”

Currency Exchange Impact on Gold Rates

The price of gold in Ukraine changes with the exchange rate. Right now, 1 USD is worth 41.79 UAH. This rate changes often and affects gold prices. People who invest in gold trading Ukraine and Ukraine gold market need to watch these changes.

International Market Influence

Global events also impact gold prices in Ukraine. Things like world politics and big economic changes can make gold prices go up and down. It’s important to keep an eye on these international market influences to understand the Ukrainian gold market.

Daily Price Fluctuations

  • Spot gold rose by 0.7% to $2,670.06 per ounce.
  • Gold futures expiring in December increased by 0.8% to $2,671.90 per ounce.
  • Goldman Sachs forecasted that gold prices could hit $2,000 by the end of 2025.
  • Traders were pricing in a 57.3% chance for a 25 basis point cut in December, compared to an 85.7% chance seen the previous week.
  • Bets on a hold rose to 42.7% from 14.3% a week ago.

These daily changes in the global gold market affect the Ukraine gold market. They shape the investment scene for gold trading Ukraine and gold investment Ukraine.

Investment Opportunities in Ukrainian Gold Market

The Ukrainian gold market offers many chances for those wanting to buy gold in Ukraine or dive into gold investment in Ukraine. You can pick from different gold purities and weights to fit your investment plans.

The market’s volatility is medium, which means it’s good for both quick trades and long-term investments. Gold prices in Ukraine are going up a bit, making it a great time to buy gold in Ukraine. People are watching the market closely to find the best times to invest.

Gold Purity Price per Gram (UAH)
6K Gold 586.23
8K Gold 780.85
24K Gold 2,344.91

Ukraine’s biggest gold mine is the Berehove mine. It shows Ukraine’s big gold reserves and the chance for gold investment in Ukraine.

When buying gold bars in Ukraine, you have many payment options. You can use debit/credit cards, bank wire transfers, PayPal, or paper checks. Each has its own time for processing. Also, free standard shipping and insurance come with gold buys over USD 200. You can get faster shipping for a little extra.

“With a diverse range of gold purity options and flexible payment methods, the Ukrainian gold market offers compelling investment opportunities for both short-term and long-term investors.”

Conclusion

The price of gold in Ukraine is changing a lot. Many things affect it, like how pure the gold is and the weight. Also, how much money changes value matters a lot.

Gold prices in Ukraine are going up a bit. The market is not too stable. But, there are still chances to make money.

Geopolitical issues in the area have made gold prices go up. This shows gold is a safe choice for investors.

When thinking about investing in Ukrainian gold, keep up with the latest news. Know about gold purity, weight, and money value changes. This way, you can make smart choices and take advantage of Ukraine’s gold market changes.

FAQ

What is the current price of gold per gram in Ukraine?

As of December 4, 2024, gold costs 3,554.38 Ukrainian Hryvnias (UAH) per gram.

How has the gold rate in Ukraine changed today?

Today, gold prices in Ukraine went up by +0.09% or +3.20 UAH. The update time is 02:30:03 pm (Kiev time).

What are the daily high and low gold prices in Ukraine?

Today, gold prices hit a high of 3,564.89 UAH and a low of 3,544.71 UAH. The market is medium volatile, with a 20.20 UAH price swing.

What is the live gold rate in Ukraine at a specific time?

As of December 4, 2024, at 12:30 UTC, gold costs 3,542.07 UAH per gram. The bid/ask spread is 3,471.23 / 3,612.91 UAH.

What factors influence gold prices in Ukraine?

Gold prices are influenced by currency exchange rates, international trends, and local economy.

How does the current market volatility affect the gold price in Ukraine?

The market is currently medium volatile. This causes daily price changes and spreads.

What are the gold prices for different weight units in Ukraine?

How are gold purity levels measured in Ukraine, and how do they affect the price?

Gold purity is measured in karats. 24K is the purest at 99.999%. The price for 24K gold is 3,554.47 UAH per gram. Other purities include 22K at 3,258.27 UAH, 18K at 2,665.86 UAH, and 14K at 2,073.44 UAH per gram.

What are the different weight units used for pricing gold in Ukraine?

Gold is priced in various units. The price per gram is 3,554.47 UAH. Per ounce, it’s 110,559.10 UAH. Per kilo, it’s 3,554,552.32 UAH. Other units include tola (41,459.66 UAH), baht (52,288.92 UAH), and grain (230.33 UAH).

How does the USD to UAH exchange rate impact gold prices in Ukraine?

The USD to UAH exchange rate greatly affects gold prices in Ukraine. As of December 4, 2024, 1 USD equals 41.79 UAH. This rate, updated at 02:05:00 pm (Kiev time), directly influences the local gold price.

What investment opportunities are available in the Ukrainian gold market?

The Ukrainian gold market offers many investment chances. Investors can pick from various gold purities and weights. The current market volatility suggests good opportunities for both short-term trading and long-term investment.

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