Gold 18K

Gold prices for 18K vary between cities like Damascus, Aleppo, Idlib, and Al-Hasakah due to differences in local supply and demand, transportation costs, security conditions, and the availability of gold in each region. Goldsmith associations in each city may also set slightly different prices based on local market conditions.

Gold purity is measured in karats. 24K is pure gold (99.9%), 22K contains 91.7% gold, 21K contains 87.5% gold, and 18K contains 75% gold. 18K is popular in Syria for jewelry because it offers a good balance between purity, durability, and price. Higher karat gold is softer and more prone to scratching.

The "buy" price is what gold shops pay you when you sell your gold to them. The "sell" price is what you pay when purchasing gold from them. The difference (spread) represents the shop's profit margin and typically ranges from 1-3% depending on market conditions and the shop.

Gold prices in Syria are updated continuously based on international gold spot prices (XAU/USD), the USD/SYP exchange rate, and local market conditions. Since gold follows international markets that trade 24/7, prices can change at any time. Our prices reflect real-time data from trusted sources including goldsmith associations.

Syrian gold prices are influenced by: international gold spot prices, the USD/SYP exchange rate, local supply and demand, import costs and availability, economic sanctions, regional stability, and seasonal demand (wedding seasons typically see higher prices).