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Gold prices in the Sultanate of Oman declined today, Thursday, July 23, 2026. The price per gram of 24-karat gold reached approximately 50.502 Omani riyals, while 22-karat gold was around 46.294 riyals, 21-karat at about 44.190 riyals, and 18-karat at roughly 37.877 riyals. Globally, the price of an ounce of gold was approximately $4,090.63. Local prices fluctuate based on the global gold price and exchange rates, influenced by factors such as craftsmanship costs and sales margins, which create differences between market prices and reference rates.
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