Karat | Ounce | Gram |
---|---|---|
24 | GMD: 237,928.13 USD: 3,327.87 | GMD: 7,649.56 USD: 106.99 |
22 | GMD: 218,100.79 USD: 3,050.55 | GMD: 7,012.10 USD: 98.08 |
21 | GMD: 208,187.12 USD: 2,911.89 | GMD: 6,693.37 USD: 93.62 |
18 | GMD: 178,446.10 USD: 2,495.90 | GMD: 5,737.17 USD: 80.25 |
14 | GMD: 138,791.41 USD: 1,941.26 | GMD: 4,462.24 USD: 62.41 |
Gold Price Analysis
- ▲ Price increased by 0.35% (825.98 GMD) compared to yesterday.
- ▼ Price decreased by 2.47% (6,001.44 GMD) compared to last week.
- ▲ Price increased by 2.41% (5,578.96 GMD) compared to last month.
Gold Purchase Calculator
Gram/Ounce Converter
Gold Price Chart
FAQ
What is today’s gold price per gram in The Gambia?
It is calculated daily using LBMA London prices and the GMD/USD rate.
Who publishes the official gold rates in The Gambia?
The Central Bank of The Gambia issues a weekly price bulletin.
Where can investors trade gold in Banjul?
In Albert Market and select licensed jewelry shops.
How do remittance inflows affect gold demand?
Higher diaspora remittances often translate into increased gold purchases.
Is gold considered a safe investment in The Gambia?
Yes—widely held as a portable and reliable store of wealth.
Popular Gold Bullion Prices Worldwide
Weight | Price in USD | Price in GMD |
---|---|---|
Ounce | $3,327.87 | GMD: 237,928.13 |
Gram | $106.99 | GMD: 7,649.56 |
2.5 Gram | $267.48 | GMD: 19,123.90 |
5 Gram | $534.97 | GMD: 38,247.81 |
10 Gram | $1,069.93 | GMD: 76,495.61 |
50 Gram | $5,349.67 | GMD: 382,478.07 |
100 Gram | $10,699.34 | GMD: 764,956.14 |
Half Kilogram | $53,496.70 | GMD: 3,824,780.70 |
Kilogram | $106,993.39 | GMD: 7,649,561.40 |
Gold in Gambia
In the Gambia, gold is a cherished emblem of both artistic expression and pragmatic financial security. Across the small but spirited markets of Banjul and its surrounding regions, local artisans labor painstakingly to create gold jewelry that reflects the rich tapestry of Gambian folklore and aesthetic traditions. These pieces—often adorned during weddings, initiation ceremonies, and festive cultural events—are imbued with deep symbolism and serve as treasured legacies that reflect personal pride and communal identity. Although the market scale is modest, gold remains a reliable store of value for many Gambians, helping families safeguard their wealth during economic fluctuations. Modern innovations have slowly begun to infiltrate the traditional trade, with digital platforms offering real-time updates on global gold prices. This gradual integration of technology enriches consumer confidence and brings greater market transparency, while governmental quality measures ensure that every piece maintains its purity and authenticity. In the Gambia, then, gold is a vibrant cultural narrative—an enduring link between age-old traditions and the promise of future prosperity, glistening persistently as a symbol of hope and heritage.