Gold Price Today in Spain
Today's Gold Prices in Spain - All Karats Live
The following are raw gram prices for the gold price in Spain (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 | 128.64 EUR | 131.45 EUR | ▲ 0.87 (+0.67%) |
| 18k | 96.48 EUR | 98.58 EUR | ▲ 0.66 (+0.67%) |
| 14k | 75.04 EUR | 76.67 EUR | ▲ 0.51 (+0.67%) |
| Ounce | 4,001.15 EUR | 4,088.56 EUR | ▲ 27.21 (+0.67%) |
Last updated: 20:55 - 24 August 2026
Gold Performance in Spain Over Last Year
Gap Between Gold Price in Spain 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 | 131.45 EUR | 127.62 EUR | +3.83 EUR |
| 18k | 98.58 EUR | 95.71 EUR | +2.87 EUR |
| 14k | 76.67 EUR | 74.44 EUR | +2.23 EUR |
Popular Bullion Bars in Spain
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 134.08 EUR |
| 5g Bar | 5 | 667.11 EUR |
| 10g Bar | 10 | 1,330.27 EUR |
| 50g Bar | 50 | 6,638.23 EUR |
Gold Performance in Spain - 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
Spain requires every commercially sold gold piece to carry an official approved hallmark (Contraste), overseen by regional assay offices distributed across provinces, a more strictly centralized system than some neighboring European countries.
Andalusia, particularly the city of Córdoba, preserves a centuries-old craft heritage in gold and silver making dating back to the Islamic era in Al-Andalus, with some traditional workshops still maintaining hand-crafting techniques inherited from that period.
The Spanish market clearly leans toward 18k, a near-mandatory standard in local jewelry manufacturing, unlike some neighboring European markets that allow broader karat variety in commercial trade.
During the European debt crisis (2008-2012), Spain saw a widespread wave of 'used gold buying' shops (Compro Oro), a socio-economic phenomenon whose effects remain visible across major Spanish cities today.
Frequently Asked Questions
Is there a mandatory hallmarking system in Spain?
Yes, every commercially sold gold piece must carry an official approved hallmark (Contraste) overseen by regional offices.
What's the most common gold karat in Spain?
18k is the near-mandatory, most widely used standard in Spanish jewelry manufacturing.
What are 'Compro Oro' shops in Spain?
Shops specializing in buying used gold that spread widely during the European debt crisis, still present in major cities today.