Bearish (3,750 - 3,950 USD)
More forecast info ⬇
Gold Ounce
4,053.03
H:4,078.89 | L:4,019.03
Gram 24
130.32
H:131.15 | L:129.23
Gram 22
119.46
H:120.22 | L:118.46
Gram 21
114.03
H:114.76 | L:113.08
Silver Ounce
58.08
H:58.59 | L:56.54
Silver Kg
1,867.43
H:1,883.89 | L:1,818.07

Gold Price Today in Somalia

Monday, 3 August 2026, 7:12 PM

Live
2,305,088.87 Somali Shilling/Ounce
74,118.61 Somali Shilling/Gram 24K
67,892.65 Somali Shilling/Gram 22K
64,853.79 Somali Shilling/Gram 21K

Gold ounce price in Somalia is 2,305,088.87 Somali Shilling per ounce, Gold gram price is 74,118.61 Somali Shilling per gram karat 24, 67,942.06 Somali Shilling per gram karat 22, 64,853.79 Somali Shilling per gram karat 21, 55,588.96 Somali Shilling per gram karat 18.

Today, gold price decreased by -15,679.06 Somali Shilling per Ounce (-0.68%) compared to yesterday. In the past year, gold rose by 21.66%. Over five years, gold more than doubled (+118.5%). Over the decade, gold grew by 192.1%.

💬 Market Interpretation

gold shows a bullish momentum overall, trading at 2,305,088.87 Somali Shilling per Ounce.
Safe-haven demand and inflation hedging continue to support higher prices.

See Also: Silver Price in Somalia

Gold Price in Somalia in Somali Shilling

Gold Unit Somali Shilling U.S. Dollar
Gold Ounce 2,305,088.87 4,047.38
Gold Gram Karat 24K 74,118.61 130.14
Gold Gram Karat 23K 71,524.46 125.59
Gold Gram Karat 22K 67,892.65 119.21
Gold Gram Karat 21K 64,853.79 113.87
Gold Gram Karat 18K 55,588.96 97.61
Gold Gram Karat 14K 43,359.39 76.13
Gold Gram Karat 12K 37,059.31 65.07
Gold Gram Karat 10K 30,907.46 54.27
Gold Gram Karat 9K 27,794.48 48.80
Gold Gram Karat 8K 24,681.50 43.34

Gold Price Forecast in Somalia

Bearish (3,750 - 3,950 USD)
  • Date: Monday, 3 August 2026, 12:01 AM
  • The forecast: Bearish, The gold price in Somalia is expected to fall in the next 30 days.
  • The forecasted price: 2135720 - 2249630 Somali Shilling.
  • The forecasted price in USD: 3,750 - 3,950 USD.
  • The analysis: Despite escalating Middle East tensions creating a high-risk geopolitical environment, gold prices are currently facing significant downward pressure. This unexpected trend is primarily driven by persistent inflation fears fueling expectations of aggressive US Federal Reserve interest rate hikes. Such expectations push US Treasury yields higher and strengthen the US Dollar, significantly increasing the opportunity cost of holding non-yielding gold. Consequently, investors are prioritizing yield-bearing assets over gold's traditional safe-haven appeal, overriding local market demand.
  • Key drivers: Anticipation of further aggressive Federal Reserve interest rate hikes., Elevated US Treasury yields increasing the opportunity cost of holding gold., Strength of the US Dollar against major currencies..

Disclaimer: The gold price forecast is based on historical data and market trends. It is not a guarantee of future performance.

Daily Gold Price Indicators in Somalia

Today
Bid Price 2,304,973.62 SOS
Ask Price 2,305,204.12 SOS
Open Price 2,320,767.93 SOS
Change -15,679.06 SOS
Change % -0.68%
Previous Year
1 Month High 2,381,992.92 SOS
1 Month Low 2,276,892.43 SOS
6 Months High 3,039,893.62 SOS
6 Months Low 2,267,771.40 SOS
1 Year High 3,050,437.73 SOS
1 Year Low 1,894,622.28 SOS

Gold Price Chart in Somalia

Price of Gold Bullion in Somalia in Somali Shilling

  • The price of gold bullion 1 Gram in Somalia: 74,118.61 Somali Shilling
  • The price of gold bullion 5 Grams in Somalia: 370,593.07 Somali Shilling
  • The price of gold bullion 10 Grams in Somalia: 741,186.13 Somali Shilling
  • The price of gold bullion 20 Grams in Somalia: 1,482,372.26 Somali Shilling
  • The price of gold bullion 1 Ounce (31.1 Grams) in Somalia: 2,305,088.87 Somali Shilling
  • The price of gold bullion 50 Grams in Somalia: 3,705,930.66 Somali Shilling
  • The price of gold bullion 100 Grams in Somalia: 7,411,861.32 Somali Shilling
  • The price of gold bullion 10 Tolas (116.65 Grams) in Somalia: 8,645,936.23 Somali Shilling
  • The price of gold bullion 250 Grams (1/4 Kilo) in Somalia: 18,529,653.30 Somali Shilling
  • The price of gold bullion 500 Grams (1/2 Kilo) in Somalia: 37,059,306.60 Somali Shilling
  • The price of gold bullion 1000 Grams (1 Kilo) in Somalia: 74,118,613.20 Somali Shilling

Gold price in Somalia in August 2026 in Somali Shilling

Date Gold Ounce Gold Gram 24K Gold Gram 22K Gold Gram 21K
3 August 2026 2,309,086.94 74,237.15 68,001.23 64,957.50
2 August 2026 2,306,710.28 74,160.74 67,931.23 64,890.64
1 August 2026 2,306,710.28 74,160.74 67,931.23 64,890.64
31 July 2026 2,314,825.53 74,421.64 68,170.22 65,118.94
30 July 2026 2,342,615.57 75,315.09 68,988.62 65,900.70
29 July 2026 2,313,374.20 74,374.98 68,127.48 65,078.11
28 July 2026 2,304,299.97 74,083.24 67,860.25 64,822.84
27 July 2026 2,332,653.06 74,994.80 68,695.23 65,620.45
26 July 2026 2,314,340.04 74,406.03 68,155.93 65,105.28
25 July 2026 2,314,341.36 74,406.07 68,155.96 65,105.32
24 July 2026 2,322,268.31 74,660.93 68,389.41 65,328.31
23 July 2026 2,314,155.49 74,400.10 68,150.49 65,100.09
22 July 2026 2,371,018.31 76,228.24 69,825.07 66,699.71
21 July 2026 2,323,307.37 74,694.33 68,420.01 65,357.54
20 July 2026 2,286,104.70 73,498.27 67,324.41 64,310.98
19 July 2026 2,292,285.52 73,696.98 67,506.43 64,484.86
18 July 2026 2,292,285.52 73,696.98 67,506.43 64,484.86
17 July 2026 2,294,420.46 73,765.62 67,569.31 64,544.92
16 July 2026 2,276,892.43 73,202.09 67,053.12 64,051.83
15 July 2026 2,322,810.69 74,678.36 68,405.38 65,343.57
14 July 2026 2,322,705.93 74,675.00 68,402.30 65,340.62
13 July 2026 2,287,517.03 73,543.67 67,366.00 64,350.71
12 July 2026 2,354,235.33 75,688.67 69,330.82 66,227.58
11 July 2026 2,354,235.33 75,688.67 69,330.82 66,227.58
10 July 2026 2,342,213.11 75,302.15 68,976.77 65,889.38
9 July 2026 2,361,570.25 75,924.48 69,546.83 66,433.92
8 July 2026 2,323,025.30 74,685.26 68,411.70 65,349.61
7 July 2026 2,371,369.29 76,239.52 69,835.40 66,709.58
6 July 2026 2,381,789.38 76,574.53 70,142.27 67,002.71
5 July 2026 2,381,992.92 76,581.07 70,148.26 67,008.44

Gold Performance in Somali Shilling

Period Date Rate SOS/Ounce Change Change %
1 Day 2026-08-03 2,305,088.87 -15,679.06 -0.68%
1 Week 2026-07-27 2,332,653.06 -27,564.19 -1.18%
30 Days 2026-07-04 2,381,992.92 -76,904.05 -3.23%
6 Months 2026-02-03 2,809,227.77 -504,138.90 -17.95%
1 Year 2025-08-03 1,894,622.28 +410,466.59 +21.66%
5 Years 2021-08-03 1,054,726.05 +1,250,362.82 +118.55%
10 Years 2016-08-03 789,172.30 +1,515,916.57 +192.09%