Gold Price Today in Oman
Today's Gold Prices in Oman - All Karats Live
The following are raw gram prices for the gold price in Oman (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 56.26 OMR | 56.93 OMR | ▲ 0.15 (+0.26%) |
| 22k | 51.57 OMR | 52.19 OMR | ▲ 0.14 (+0.26%) |
| 21k | 49.23 OMR | 49.82 OMR | ▲ 0.13 (+0.26%) |
| 18k | 42.20 OMR | 42.70 OMR | ▲ 0.11 (+0.26%) |
| Ounce | 1,749.88 OMR | 1,770.72 OMR | ▲ 4.59 (+0.26%) |
Last updated: 02:20 - 21 August 2026
Gold Performance in Oman Over Last Year
Gap Between Gold Price in Oman and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 56.93 OMR | 56.09 OMR | +0.84 OMR |
| 22k | 52.19 OMR | 51.42 OMR | +0.77 OMR |
| 21k | 49.82 OMR | 49.08 OMR | +0.74 OMR |
| 18k | 42.70 OMR | 42.07 OMR | +0.63 OMR |
Popular Bullion Bars in Oman
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 58.07 OMR |
| 5g Bar | 5 | 288.92 OMR |
| 10g Bar | 10 | 576.13 OMR |
| 50g Bar | 50 | 2,874.97 OMR |
Gold Performance in Oman - Long Term
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Muttrah Souq in Muscat holds a symbolic place in Omani trading history, having served for centuries as a key meeting point for gold and frankincense traders from across the region, and remains a top destination for traditional gold lovers today.
The Omani Riyal ranks among the world's highest-valued currencies against the US Dollar, which shows up in how compact local gold price figures look compared to neighboring countries.
22k dominates everyday Omani jewelry, with a strong presence of 21k in traditionally styled, locally crafted pieces.
Oman applies VAT on goods including jewelry, calculated on the total value including the making charge at the point of purchase.
Frequently Asked Questions
What is the significance of Muttrah Souq in gold trade?
It served for centuries as a key meeting point for gold and frankincense traders in the region and remains a top destination for traditional gold today.
Why do Oman's gold price figures look small?
The Omani Riyal is one of the world's highest-valued currencies against the Dollar, making displayed figures numerically compact.
What's the most common karat in Oman?
22k dominates everyday jewelry, with strong demand for 21k in traditional pieces.