Gold Prices in Gambia

Gold prices on the website are updated every 30 seconds.
Prices are displayed in the local currency and USD.

KaratOunceGram
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
The website retrieves gold prices through Almurakib, a specialist in evaluating the best trading companies.

Gold Price Analysis

Here is a comprehensive analysis of gold prices, featuring detailed and up-to-date daily, weekly, and monthly changes.
  • 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

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Gram/Ounce Converter

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Gold Price Chart

Track gold price fluctuations over the past 365 days for both grams and ounces, in local currency and USD.

FAQ

It is calculated daily using LBMA London prices and the GMD/USD rate. 

The Central Bank of The Gambia issues a weekly price bulletin. 

In Albert Market and select licensed jewelry shops. 

Higher diaspora remittances often translate into increased gold purchases. 

Yes—widely held as a portable and reliable store of wealth. 

Popular Gold Bullion Prices Worldwide

Gold bullion is one of the most trusted forms of safe investment, typically made of 24K pure gold (999.9). The table below presents estimated prices for the most commonly traded bullion weights around the world, based on real-time international gold rates.
WeightPrice in USDPrice in GMD
Ounce$3,327.87GMD: 237,928.13
Gram$106.99GMD: 7,649.56
2.5 Gram$267.48GMD: 19,123.90
5 Gram$534.97GMD: 38,247.81
10 Gram$1,069.93GMD: 76,495.61
50 Gram$5,349.67GMD: 382,478.07
100 Gram$10,699.34GMD: 764,956.14
Half Kilogram$53,496.70GMD: 3,824,780.70
Kilogram$106,993.39GMD: 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.

Gold Rates in the Africa