Gold Price in Kuwait per Ounce
1 Gold Ounce = 815.87 Kuwaiti Dinar
Gold price is updated at Thursday 07 November 2024, 08:57 am, GMT (Thursday 07 November 2024, 11:57 am, Kuwait time)
Current Rate | 815.03 KWD/oz |
Bid Price | 814.93 KWD/oz |
Ask Price | 815.14 KWD/oz |
Open Price | 837.73 KWD/oz |
The following table shows the latest gold price in Kuwait in Kuwaiti Dinar (KWD) per Ounce. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).
Gold prices per Ounce are converted from USD to Kuwaiti Dinar according to the latest exchange rates where 1 USD = 0.31 Kuwaiti Dinar.
Gold Unit | Kuwaiti Dinar (KWD) |
---|---|
Gold Ounce 24K (.999) | 815.06 |
Gold Ounce 22K (.916) | 747.34 |
Gold Ounce 21K (.875) | 713.89 |
Gold Ounce 18K (.750) | 611.91 |
Gold Ounce 14K (.585) | 477.29 |
Gold Ounce 12K (.500) | 407.94 |
Gold Ounce 10K (.417) | 340.22 |
Gold Ounce 9K (.375) | 305.95 |
Gold Ounce 8K (.333) | 271.69 |
Ounce is a unit for weighing gold used in Jewelleries in Kuwait. Today, Thursday 07 November 2024 in Kuwait, 1 Ounce of gold = 815.87 Kuwaiti Dinar.
Gold price chart in Kuwait in Kuwaiti Dinar Ounce
Commonly Used Gold Ounce Karats in Kuwait
Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.
The following are commonly used Ounce karats in Kuwait as well as other countries:
- Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Thursday 07 November 2024, the current price of gold Ounce 24K in Kuwait is 815.06 Kuwaiti Dinar.
- Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Thursday 07 November 2024, the current price of gold Ounce 22K in Kuwait is 747.34 Kuwaiti Dinar.
- Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Thursday 07 November 2024, the current price of gold Ounce 21K in Kuwait is 713.89 Kuwaiti Dinar.
- Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Thursday 07 November 2024, the current price of gold Ounce 18K in Kuwait is 611.91 Kuwaiti Dinar.
- Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Thursday 07 November 2024, the current price of gold Ounce 14K in Kuwait is 477.29 Kuwaiti Dinar.
- Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Thursday 07 November 2024, the current price of gold Ounce 12K in Kuwait is 407.94 Kuwaiti Dinar.
- Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Thursday 07 November 2024, the current price of gold Ounce 10K in Kuwait is 340.22 Kuwaiti Dinar.
- Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Thursday 07 November 2024, the current price of gold Ounce 9K in Kuwait is 305.95 Kuwaiti Dinar.
- Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Thursday 07 November 2024, the current price of gold Ounce 8K in Kuwait is 271.69 Kuwaiti Dinar.
Historical gold prices in Kuwaiti Dinar per Ounce
Date | Ounce |
06 Nov 24 | 839.56 |
---|---|
05 Nov 24 | 838.04 |
04 Nov 24 | 838.97 |
03 Nov 24 | 837.30 |
02 Nov 24 | 838.68 |
01 Nov 24 | 843.89 |
31 Oct 24 | 853.53 |
29 Oct 24 | 844.29 |
28 Oct 24 | 837.15 |
27 Oct 24 | 841.25 |
26 Oct 24 | 841.12 |
25 Oct 24 | 835.88 |
24 Oct 24 | 838.13 |
23 Oct 24 | 832.07 |
18 Oct 24 | 831.41 |
17 Oct 24 | 822.08 |
16 Oct 24 | 817.85 |
15 Oct 24 | 810.32 |
14 Oct 24 | 815.24 |
11 Oct 24 | 814.43 |
12 Oct 24 | 815.24 |
11 Oct 24 | 810.82 |
10 Oct 24 | 800.57 |
09 Oct 24 | 802.67 |
08 Oct 24 | 810.59 |
07 Oct 24 | 810.40 |
06 Oct 24 | 812.55 |
05 Oct 24 | 812.55 |
04 Oct 24 | 815.79 |
03 Oct 24 | 811.25 |
Amount | KWD |
1 oz | 815.87 |
---|---|
2 oz | 1,631.75 |
3 oz | 2,447.62 |
4 oz | 3,263.50 |
5 oz | 4,079.37 |
6 oz | 4,895.25 |
7 oz | 5,711.12 |
8 oz | 6,527.00 |
9 oz | 7,342.87 |
10 oz | 8,158.74 |
20 oz | 16,317.49 |
30 oz | 24,476.23 |
40 oz | 32,634.98 |
50 oz | 40,793.72 |
60 oz | 48,952.47 |
70 oz | 57,111.21 |
80 oz | 65,269.96 |
90 oz | 73,428.70 |
100 oz | 81,587.45 |
200 oz | 163,174.90 |
300 oz | 244,762.35 |
400 oz | 326,349.80 |
500 oz | 407,937.25 |
600 oz | 489,524.70 |
700 oz | 571,112.15 |
800 oz | 652,699.59 |
900 oz | 734,287.04 |
1000 oz | 815,874.49 |
Gold Price in Major Cities of Kuwait
KWD/Ounce | |
---|---|
Al Aḩmadī | 815.87 |
Ḩawallī | 815.87 |
As Sālimīyah | 815.87 |
Şabāḩ as Sālim | 815.87 |
Al Farwānīyah | 815.87 |
Al Faḩāḩīl | 815.87 |
Kuwait City | 815.87 |
Ar Rumaythīyah | 815.87 |
Ar Riqqah | 815.87 |
Salwá | 815.87 |
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But why are the gold shops charging extra 1 kwd per gram?
Most countries impose customs on gold and silver which increases the gold price in Kuwait. So, if the gold price today in Kuwait is 14.52 Kuwaiti Dinar/gram, You may pay 15.5 KWD.