Karat | Ounce | Gram |
---|---|---|
24 | XAF: 1,936,118.51 USD: 3,327.87 | XAF: 62,247.61 USD: 106.99 |
22 | XAF: 1,774,775.30 USD: 3,050.55 | XAF: 57,060.31 USD: 98.08 |
21 | XAF: 1,694,103.69 USD: 2,911.89 | XAF: 54,466.66 USD: 93.62 |
18 | XAF: 1,452,088.88 USD: 2,495.90 | XAF: 46,685.71 USD: 80.25 |
14 | XAF: 1,129,402.46 USD: 1,941.26 | XAF: 36,311.11 USD: 62.41 |
Gold Price Analysis
- ▲ Price increased by 1.01% (19,352.10 XAF) compared to yesterday.
- ▼ Price decreased by 0.81% (15,843.36 XAF) compared to last week.
- ▲ Price increased by 0.83% (15,802.69 XAF) compared to last month.
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FAQ
What is today’s gold price per gram in Cameroon?
It is set daily based on LBMA London prices and the XAF/USD rate.
Who publishes the official gold rates in Cameroon?
The Council of the Precious Metals Market (CIMM) issues daily rates.
Where can investors trade gold in Yaoundé?
At licensed dealers in Marché Mokolo and select bank‑affiliated outlets.
How do election cycles affect gold demand in Cameroon?
Pre‑election uncertainty drives safe‑haven buying, boosting premiums.
Is gold considered a safe investment in Cameroon?
Yes—it is widely held to hedge against political and economic risk.
Popular Gold Bullion Prices Worldwide
Weight | Price in USD | Price in XAF |
---|---|---|
Ounce | $3,327.87 | XAF: 1,936,118.51 |
Gram | $106.99 | XAF: 62,247.61 |
2.5 Gram | $267.48 | XAF: 155,619.02 |
5 Gram | $534.97 | XAF: 311,238.04 |
10 Gram | $1,069.93 | XAF: 622,476.09 |
50 Gram | $5,349.67 | XAF: 3,112,380.45 |
100 Gram | $10,699.34 | XAF: 6,224,760.90 |
Half Kilogram | $53,496.70 | XAF: 31,123,804.48 |
Kilogram | $106,993.39 | XAF: 62,247,608.95 |
Gold in Cameroon
In Cameroon, gold is a vital emblem of both cultural expression and economic promise. Across the bustling markets of Douala and Yaoundé, traditional gold jewelry—featuring bold designs and intricate engravings—tells the story of centuries-old indigenous techniques passed from mentor to apprentice. Artisans produce pieces that are worn at significant community rituals and festive occasions, symbolizing communal spirit, wealth, and status. Gold is deeply integrated into local ceremonies; it is exchanged during weddings, coronations of traditional chiefs, and seasonal festivals, where its gleam represents both beauty and security. As Cameroon’s economy grows, modernity has begun to tap into this age-old craft. Digital trading portals now offer real-time updates on international gold prices, empowering local jewelers and buyers with up-to-date market data. Coupled with government-backed quality certifications, these technological advances have enhanced transparency, ensuring that every precious item is a sound investment against currency fluctuations and economic instabilities. In Cameroon, the art of goldsmithing is thriving—the melding of vibrant traditional motifs with modern market practices ensures that each golden creation not only preserves ancestral legacies but also serves as a robust, enduring financial asset.