Gold Price in Georgia | Daily Live Updates – 2023

24 Carat Gold Price In Georgia:
165.38 (GEL) Per Gram

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We provide an overview of the gold price in Georgia today in the following article. When you are purchasing gold for investment, to use in ornaments, or as a digital asset, you will certainly be curious to know how much gold is worth in Georgian lari (GEL).

Following is the table of latest prices as per measuring units of Gold.

*these rates are taken from some reliable sources of the industry.

As Georgia’s economy grows, gold demand will increase, both for industrial purposes and investments.
As well as gold bars and gold coins, gold can also be purchased as jewelry and collectibles.

Gold Price In Georgia Per Gram, Kilo, Ounce

Various gold prices in Georgia are shown in the following table (ounces, tolas, grams, kilograms, etc.).

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Changes in gold prices depends upon these Parameters

Supply and Demand: Because of Georgia’s low supply and high demand for gold, the price of gold will eventually rise in Georgia.

Relation with Interest Rate: However, the price of gold will decrease when interest rates increase and gold purchasing decreases.

Ornaments: In Georgia, gold jewelry is typically worn on special occasions, including weddings. Traditionally, gold jewelry is prominently displayed during weddings and parties.

Dollar to Local Currency Conversion: Internationally gold prices are in USD dollars. Our calculation of the price of imports is based on the exchange rate between the US Dollar (USD) and Georgian lari (GEL).

Rates for Gold Carats

This bird’s eye view will give you a general idea of gold carat prices.

You will find the prices per gram, per 10 grams, per Tola, per Aana, and per ounce in the table below, to know more about gold price in Georgia.

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Gold Measurements

In Georgia, gold weight is also measured in grams, kilograms, and tolas.

• 1 Tola = 11.66 grams
• 1 Ounce = 31.1034 grams
• 1 Kilograms = 1000 grams
• 1 troy ounce = 31.1034768 grams

The tools below allow you to convert gold weight between different units:-

Gold Price in Georgia | Calculator

From here, you can calculate the quantity of gold for any number of items

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Things to keep in mind before making a purchase

1. Invest in 24k as the best investment.
2. Before buying 22k, 21k, or 18k gold ornaments, make sure their purity is the highest.
3. Prices for gold fluctuate both on a daily basis and according to location. You can find today’s 22-karat gold price in Georgia below.
4. Every country has different purity standards of the Gold, which is in practice as a whole.
5. Approximately 91.6 grams of pure gold are contained within 100 grams of gold, or 916 gold.
6. Gold may be subject to additional charges as well. For gold, the jewellery making charges are usually about 15 percent of the current price.

Gold Rates issuing authority

The price of gold is determined by a committee of market experts, several banks, and several banks that participate in gold futures derivative markets.

National Bank of Georgia, is one of Georgia’s most important sources of information regarding gold prices.

Gold Carats In Georgia

Various carats and their respective Hallmark of Gold jewelry are as follows:

There are six types of hallmarked gold sold in Georgia jewelry stores:

• 375 hallmarked gold (9 carat gold)
• 585 hallmarked gold (14 carat gold)
• 750 hallmarked gold (18 carat gold)
• 875 hallmarked gold (21 carat gold)
• 916 hallmarked gold (22 carat gold)
• 958 hallmarked gold (23 carat gold)
• 999 hallmarked gold (24 carat gold)

Historical Prices for All Gold Carats

Making accurate gold price predictions requires the study of historical gold prices 

DATE	24k Price (GEL)	22k Price (GEL)	21k Price (GEL)	18k Price (GEL)	14k Price (GEL)
29 May 2023	162.6	149.1	142.4	122.1	95.3
28 May 2023	162.6	149.1	142.4	122.2	95.3
27 May 2023	162.6	149.1	142.4	122.2	95.3
26 May 2023	16234.8	14880.8	14202.7	12172.4	9473.2
25 May 2023	163.2	149.7	142.9	122.6	95.6
24 May 2023	164.2	150.6	143.8	123.4	96.2
23 May 2023	161	147.7	141	121	94.3
22 May 2023	162.3	148.9	142.1	121.9	95.1
21 May 2023	162.3	148.9	142.1	121.9	95.1
20 May 2023	162.3	148.9	142.1	121.9	95.1
19 May 2023	160.4	147.1	140.4	120.5	94
18 May 2023	163.3	149.7	143	122.7	95.7
17 May 2023	8440.5	7736.5	7384	6328.5	4925.3
16 May 2023	166	152.3	145.4	124.7	97.3
15 May 2023	167.8	153.9	146.9	126.1	98.3
14 May 2023	167.5	153.6	146.6	125.8	98.1
13 May 2023	167.5	153.6	146.6	125.8	98.1
12 May 2023	167.5	153.6	146.6	125.8	98.1
11 May 2023	167.6	153.7	146.7	125.9	98.1
10 May 2023	164.3	150.6	143.8	123.4	96.2
9 May 2023	162.7	149.2	142.4	122.2	95.3
8 May 2023	162.7	149.2	142.4	122.2	95.3
7 May 2023	162	148.6	141.8	121.7	94.9
6 May 2023	162	148.6	141.8	121.7	94.9
5 May 2023	165	151.3	144.4	123.9	96.6
4 May 2023	163.9	150.3	143.5	123.1	96
3 May 2023	162	148.6	141.8	121.7	94.9
2 May 2023	159.4	146.2	139.6	119.8	93.4
1 May 2023	159.8	146.5	139.9	120	93.6

Gold Price in Other Countries

Check out gold price in other featured countries from the list below

Disclaimer:

Numerous factors affect the gold market in Georgia, so prices aren’t an accurate reflection of international prices.

Most sources update prices every 15 minutes, but some update every five minutes.

In addition to checking prices online, you may also want to check prices in a few physical stores.

JewellsMark, neither controls nor is responsible for the international gold price.