Gold rate in Hungary

Today, 10th February 2025, current gold price of 1 troy ounce(2894.6 USD) and USD rate (393.36 HUF). All prices are shown in Hungarian Forint
9K gold
13727.79 HUF
per 1 gram
10K gold
15250.66 HUF
per 1 gram
12K gold
18303.73 HUF
per 1 gram
14K gold
21353.13 HUF
per 1 gram
18K gold
27455.59 HUF
per 1 gram
22K gold
33554.39 HUF
per 1 gram
23K gold
35080.92 HUF
per 1 gram
24K gold
36589.15 HUF
per 1 gram
in Cape Verdean Escudo (CVE)
in Bulgarian Lev (BGN)
in São Tomé and Príncipe Dobra (pre-2018) (STD)
in Egyptian Pound (EGP)

What is the Gold Price Fixing?

For over a century, five companies ran the London Gold Market Fixing Company and set prices through a process conducted by telephone called the “London Gold Fix.” 1 On March 20, 2015, the ICE Benchmark Administration (IBA) took over and replaced the process with an electronic auction system called the LBMA Gold Price. 2 3 The LBMA owns the rights to the process. Several banks, an oversight committee, and a panel of internal and external chair members make up the IBA. Twice daily, at 10:30 AM and 3:00 PM UK Time, the IBA publishes the LBMA Gold Price in US dollars, which serves as a benchmark price for gold producers, investors, consumers, and central banks worldwide. The price of gold is adjusted in real-time based on financial evaluations of anonymous auction rounds run every 45 seconds. When all buy and sell orders and imbalances are within 20,000 troy ounces, the price is fixed.

What is Gold?

Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold has an extremely high density at 19.3 g per cubic centimeter, slightly greater than lead. Like all other metals, gold is malleable. However, it's much more easily pressed-out than most other metals. In fact, just one ounce of gold can be stretched to over 300 square feet. Some other properties of gold include its high resistance to oxidation. Typically, metals often form oxide later on their surface due to exposure to oxygen at room temperature and room conditions; gold doesn't form this layer easily. Additionally, gold is unaffected by most acids and bases. Gold is quite resilient!