Gold Price in Lebanon | Discover Rates for 18k – 2023

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Get up-to-date Lebanon Gold Rates at Jewells Mark. Gold price in Lebanon comes in weights of a kilogram, a gram, a hundred grams and a hundred grams.

According to the gold quality, Lebanon mostly produces 22 Karat gold and 24 Karat gold, but the prices differ based on quality.

Market conditions, economic conditions, and international factors drive the gold price in Lebanon quite a bit. The strength of a currency in Lebanon may also be determined by the gold stored in Lebanon.

All major currencies are also offered by Lebanon, including US dollars, pound sterling, euros, and yen. Gold is measured in ounces, grams, and kilograms.

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

You can check live gold rates in Lebanon on current page. This will display the gold rate in Lebanon as it is now.

There is a significant difference in price between 22 Karat Gold in Lebanon and 24 Karat Gold in Lebanon along with the quality of 24 carat gold rate and 22 carat gold rate depending on the gold quality in Lebanon.

 To check gold prices in Lebanon, simply consult the table below.

Gold Price In Lebanon Per Gram, Kilo, Ounce

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

Below is the pictorial representation of the info, you will get from this guide.

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  To help you understand how this guide flows and what it covers, we outline the following topics.  

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Do some research about price

Monitoring price changes on a regular basis is essential. Once you find that the price of an item has dropped slightly, you should consider buying it within two to three working days.

Depending on the jewelry shop, items, designs, and target audience, gold is sold at different prices.

When investing in gold, buying gold jewelry online, or buying gold from a store, you must know the Lebanon Gold rate.

With Jewells Mark, you’ll always find the information you’re looking for.

Prices 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 Vori, per Aana, and per ounce in the table below.

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Gold Measurements

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

• Pavan Gold is equivalent to 8 grams of gold. Pavan is also known as Poun.
• 1 Pavan = 8 grmas
• Approximately 11.6638038 grams of gold weigh one tola, 31.1034768 grams per ounce, and 1,000 grams per kilogram.
• 1 Tola = 11.66 grams
• 1 Ounce = 31.1034 grams
• 1 Kilograms = 1000 grams
• The weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams), whereas its purity is measured in “carats”. The caratage of gold alloyed with other metals is the measure of purity.

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

Gold price in Lebanon | Calculator

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

Lebanese gold prices are available in several weights, including Grams, Carats, and Ounces (for example: 10 grams, 100 grams, 500 grams, 1 kilogram).

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Gold Color Types

Lebanon jewelry can be purchased in various colors. Yellow Gold appears most frequently in jewelry shops.
White gold and rose gold are also popular, and green gold can also be found at jewelry shops throughout Lebanon .

Gold Buying Tips

• When gold is counted, it can be determined to have a certain purity.
• When 24kt gold is used, it is 99.9% pure, but it declines when 22kt, 18kt, 14kt gold is used.
• If you invest in gold without ensuring purity, you would be making a mistake.
• A hallmarked piece of jewellery is another reliable way of identifying purity.
• A priority before making a purchase should be obtaining gold of the right weight.

Gold Investment in Lebanon

In times of weak local currencies, people often turn to gold as an alternative to stocks and bonds. This, however, is not the case always.

When interest rates decline, gold rates increase because gold holds a lower opportunity cost. Central banks lower interest rates and lend more money when the money supply is large.

Investing in gold can also be done through gold mutual funds, which offer exposure to gold without requiring physical ownership of the metal.

Gold coins and bars should be held onto in order to benefit from price increases in the future, or sold in order to generate profits.

Who Decides Gold Rate In Lebanon

A panel of internal and external chairman members, an oversight committee, and several banks determine the spot price and fixed price of gold futures based on supply and demand.

Each day, associations determine the gold rate. That rate is applied nationwide.

As reported by the Association, international markets have an impact on the Federation.

Gold Carats In Lebanon

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

Assayers’ marks, which certified purity and fineness, served as hallmarks that demonstrated the purity of gold jewelry, trademarks were added to show which goldsmith made the jewelry.

There are six types of hallmarked gold sold in Lebanon 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)

24 Carat Gold

Due to its strength, gold is used for coins, bars, and biscuits.

As pure gold has a higher value than other forms of gold, it is more expensive. Hence, it is a sound investment at times when depreciation is limited or nonexistent.

Gold is considered a precious metal. However, its purest form (24 karats) is not harden due to its nature as a soft metal.

Gold ornaments made out of 24 carats are not recommended.

23 Carat gold

There are shops selling 23 carat gold necklaces, rings, earrings, chains, and rings. Among other benefits, 23 carat gold has the advantage of beautiful appearance, durability, and high value retention.

These pieces demonstrate high purity, making them a great choice for those seeking high quality jewelry.

By examining its hallmarks, gold jewelry can be identified. Make sure you can clearly make out jewelry with a serial number of 958 or 23k.

22 carat gold

Because it is the least pure form of gold, you can make gold jewellery out of it. The addition of silver, nickel, and other metals to a mixture makes it stronger and more pure.

The precise amount of gold in alloy is 22 parts, while 2 parts are its impurities. There is a subtle tainting to this gold as opposed to the bright yellow color of 24 karat gold.

18 Carat Gold

Its impurities determine the different forms in which gold can be found.

The amount of gold grains with 18 carat gold constitutes about 75% of the pure gold grains, while the remainder contains 25% impurities.

A new article on the 18 Carat Gold rate in Lebanon will appear in the coming weeks.

14 Carat Gold

An excellent everyday item is solid gold jewelry, particularly 14 carat gold.

14 carat gold alloys have a gold content of approximately 58%.

The metal alloy 14 carat gold becomes stronger when nickel, copper, and silver are added.

Historical Prices for All Gold Carats

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

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Gold Price in Other Countries

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

Best gold shops in Lebanon:

Mina’s Jewelry

Address: Mehyedine Khayyat str، Aicha Bakkar, Beirut, Lebanon

Phone: +961 3 215 667

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Hanna Jewelry

Address: Jounieh – Beirut Hwy, Lebanon

Phone: +961 9 219 172

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Issa Jewelry

Address: Electricity Company, Lebanon

Phone: +961 3 022 791

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Selim Mouzannar

Address: 82 Chehade Street، Beirut, Lebanon، Lebanon

Phone: +961 1 331 299

Disclaimer:

In the table, the gold prices reflect the international market value, though there can be fluctuations on the Lebanon market.

Prices are updated from various sources at different intervals, the majority of which are every 15 minutes.

Additionally, you should review the prices in some physical stores.

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