Gold Rate in Kuwait
Gold Rate in Kuwait
Are you curious why the gold rate fluctuates? The gold rate in Kuwait has increased due to global cues. People are worried that the US Federal Reserve may raise interest rates more than expected. This has also increased the price of gold in every big city in Kuwait.
Today, the price of one tola of 24 karat gold in Kuwait is KWD 304.20, or USD 989.36, while the cost per gram is KWD 26.14. These rates can change at least once daily, and information about gold prices is updated regularly.
Today Gold rate in Kuwait
Sunday, 8th December 2024
26.14
Kuwaiti Dinar/1Gram 24K
Today’s Gold Rate in Kuwait
Gold Unit قيراط | Today Gold rates in Kuwait (Kuwaiti Dinar) سعر تكلفة البيع بالتجزئة | Gold Price in USD |
1 Gram 24K | 26.14 KWD | 84.85 USD |
1 Gram 22K | 24.00 KWD | 77.89 USD |
1 Gram 21K | 22.88 KWD | 74.22 USD |
1 Gram 18K | 19.61 KWD | 63.62 USD |
Gold rate in Kuwait Currency Rates
USA United States Dollar | 88.3897 USD | 2748.97 USD | 1030.45 USD |
Dubai United Arab Emirates Dirham | 329.252 AED | 10,239.74 AED | 3840.33 AED |
Saudi Arabia Saudi Riyal | 336.163 SAR | 10,454.66 SAR | 3920.94 SAR |
Singapore Singapore Dollar | 118.598 SGD | 3688.40 SGD | 1383.31 SGD |
Canada Canadian Dollar | 124.715 CAD | 3878.64 CAD | 1454.65 CAD |
Australia Australian Dollar | 136.380 AUD | 4241.42 AUD | 1590.71 AUD |
Qatar Qatari Riyal | 326.308 QAR | 10,148.17 QAR | 3805.99 QAR |
UK British Pound | 69.2053 GBP | 2152.29 GBP | 807.200 GBP |
UAE United Arab Emirates Dirham | 329.252 AED | 10,239.74 AED | 3840.33 AED |
Kuwait Kuwaiti Dinar | 27.4788 KWD | 854.589 KWD | 320.510 KWD |
Euro Euro | 82.5796 EUR | 2568.22 EUR | 963.190 EUR |
Pakistan Pakistani Rupee | 24,856.55 PKR | 773,038.58 PKR | 289,921.78 PKR |
India Indian Rupee | 7,534.85 INR | 234,333.73 INR | 87,884.95 INR |
Malaysia Malaysian Ringgit | 392.435 MYR | 12,204.72 MYR | 4577.28 MYR |
Philippines Philippine Peso | 5,221.71 PHP | 162,395.17 PHP | 60,904.98 PHP |
Gold Rate in Kuwait Trend
Gram | Price (KWD) | High | Low | Change |
1GRAM 24K | 26.14 | 26.15 | 26.06 | -0.00 |
1GRAM 22K | 24.00 | 24.01 | 23.92 | -0.00 |
1GRAM 21K | 22.88 | 22.88 | 22.80 | -0.00 |
1GRAM 18K | 19.61 | 19.61 | 19.54 | -0.00 |
1GRAM 14K | 15.29 | 15.30 | 15.24 | -0.00 |
1GRAM 10K | 10.90 | 10.90 | 10.87 | -0.00 |
1GRAM 6K | 6.54 | 6.54 | 6.51 | -0.00 |
Yesterday Gold Price Per Gram in Kuwait (KWD)
Gram | 24K Yesterday | 22K Yesterday | 18K Yesterday |
1 Gram | 26.10 KWD | 23.96 KWD | 19.57 KWD |
8 Gram | 209.6 KWD | 196 KWD | 157.2 KWD |
10 Gram | 262 KWD | 245 KWD | 196.5 KWD |
100 Gram | 2,620 KWD | 2,450 KWD | 1,965 KWD |
Tips for Buying Gold in Kuwait
- Check the gold price before going to the gold shop. You can check prices online or at the stores because different areas offer slightly changed gold rates in Kuwait.
- When buying gold, inquire about karats, price, and making charges.
- The purchase of gold from the Kuwait Ministry has been authenticated.
- Never forget to take your receipt. It should include details such as your name, ID card number, weight of the jewelry, per-gram rate, making charges, and total cost.
Kuwait Gold Prices
Previous 7 Days
Highest
Lowest
Date | 29-Nov-2024 | 02-Dec-2024 |
Rate | KWD 24.42 | KWD 24.02 |
Previous 30 Days
Highest
Lowest
Date | 04-Nov-2024 | 14-Nov-2024 |
Rate | KWD 24.99 | KWD 23.40 |
Previous 30 Days
Highest
Lowest
Date | 30-Oct-2024 | 09-Sep-2024 |
Rate | KWD 27.66 | KWD 22.63 |
Gold Purity
The gold rate in Kuwait is determined by its purity. Gold is a very precious yellow ductile metal. Its purest form is 24 karat. Hence, making different shapes and designs from the purest form is impossible. Therefore, other metals are added to create designs and reshape them.
The purest form of gold is 24K, and other common purity forms are 22K, 21K, and 18K. If 24K is used, 21 parts gold and 3 parts another metal, most likely copper, are added. Other metals, like silver and zinc, are also used to tighten gold.
Gold Making Charges
Charges are associated with gold quantity, quality, and design at current gold rates. This includes labor charges to complete the making process, and making charges are not fixed; they vary from process to process. Charges vary depending on the nature of the business, the local shop, or the jewelry brand.
Man-made or Machine-made
Man-made ornaments are considered to be more expensive than machine-made ones. The making charges for handmade ornaments are higher than those for machine-made ones. Before buying gold or jewelry, ensure its purity and origin, as accuracy and more care are taken in handmade items.
Gold Weight
The price of gold jewelry depends on its purity and weight. Gold weight is measured in grams. Gold with more weight means it contains more gold, and its price will be higher as well. If the price of 1 gram is 17.87 KD, this price will be used to calculate the cost weight of the jewelry.
Jewellery Stores
Are you thinking about the most valuable and trendy jewelry designs? Arab countries have always been famous for gold and its purity. Kuwait is one of them; here you will find different brands and jewelry stores offering various designs and services. Some jewelry stores also offer custom designs, installments, and credit card payments. Some of the most popular and common jewelry stores in Kuwait are MALABAR, KALYAN, ATLAS, and JOYALUKKAS.
Gold Prices
Are you thinking about the most valuable and trendy jewelry designs? Arab countries have always been famous for gold and its purity. Kuwait is one of them; here you will find different brands and jewelry stores offering various designs and services. Some jewelry stores also offer custom designs, installments, and credit card payments. Some of the most popular and common jewelry stores in Kuwait are MALABAR, KALYAN, ATLAS, and JOYALUKKAS.
Frequently Asked Questions (FAQ’s)
Conclusion
The gold rate changes frequently due to market forces. The rate gets higher and lower because of market fluctuation, and the prices are mutually decided to sell. We have already discussed in the above section factors to consider before buying, karats, and the current gold rate in Kuwait.