Gold Price in Lebanon per Ounce

1 Gold Ounce = 30,496,957.40 Lebanese Pound

The following table shows the latest gold price in Lebanon in Lebanese Pound (LBP) 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 Lebanese Pound according to the latest exchange rates where 1 USD = 15,035.00 Lebanese Pound.

Ounce is a unit for weighing gold used in Jewelleries in Lebanon. Today, Wednesday 06 December 2023 in Lebanon, 1 Ounce of gold = 30,496,957.40 Lebanese Pound.

Commonly Used Gold Ounce Karats in Lebanon

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 Lebanon 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, Wednesday 06 December 2023, the current price of gold Ounce 24K in Lebanon is 30,466,460.45 Lebanese Pound.
• 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, Wednesday 06 December 2023, the current price of gold Ounce 22K in Lebanon is 27,935,212.98 Lebanese Pound.
• 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, Wednesday 06 December 2023, the current price of gold Ounce 21K in Lebanon is 26,684,837.73 Lebanese Pound.
• 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, Wednesday 06 December 2023, the current price of gold Ounce 18K in Lebanon is 22,872,718.05 Lebanese Pound.
• 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, Wednesday 06 December 2023, the current price of gold Ounce 14K in Lebanon is 17,840,720.08 Lebanese Pound.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Wednesday 06 December 2023, the current price of gold Ounce 12K in Lebanon is 15,248,478.70 Lebanese Pound.
• 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, Wednesday 06 December 2023, the current price of gold Ounce 10K in Lebanon is 12,717,231.24 Lebanese Pound.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Wednesday 06 December 2023, the current price of gold Ounce 9K in Lebanon is 11,436,359.03 Lebanese Pound.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Wednesday 06 December 2023, the current price of gold Ounce 8K in Lebanon is 10,155,486.82 Lebanese Pound.