Gold Price per Ounce 24K in Libya (999)

Last update: Thursday, 12 December 2024, 10:11 AM According to the time zone of Tripoli

13,245.56 Libyan Dinar/Ounce 24K
Live
2,715.34 U.S. Dollar/Ounce 24K
Gold price in Libya Ounce Gram
24K 22K 21K 18K 14K
Table of Contents

Gold price per Ounce 24K in Libya is 13,245.56 Libyan Dinar (LYD) per Ounce 24K.

This page shows the current today's gold price per Ounce 24K in Libya in Libyan Dinar (LYD). Gold karat 24 is the most pure and the most expensive form of gold. It contains about 99.9% of gold. Gold 24K is also called 999 gold.

Gold Price per Ounce 24K in Libya in Libyan Dinar and Other Major Currencies

Gold Ounce 24K
Libyan Dinar 13,245.56
U.S. Dollar 2,715.34
Euro 2,581.99
British Pound 2,127.14

Gold Price Chart Libyan Dinar/Ounce 24K

Gold Price for 24K in Libya in Libyan Dinar For Different Units (Weights)

Gold 24K
Ounce 24K 13,245.56
Gram 24K 425.90
Kilogram 24K 425,902.39
Tola 24K 4,967.09

Gold price in Libya in December 2024 in Libyan Dinar/Ounce 24K

Date Gold Ounce 24K
11 December 2024 13,094.95 Libyan Dinar
10 December 2024 13,043.77 Libyan Dinar
9 December 2024 12,879.48 Libyan Dinar
8 December 2024 12,847.97 Libyan Dinar
7 December 2024 12,846.28 Libyan Dinar
6 December 2024 12,893.88 Libyan Dinar
5 December 2024 12,937.29 Libyan Dinar
4 December 2024 12,950.76 Libyan Dinar
3 December 2024 12,872.36 Libyan Dinar
2 December 2024 12,832.84 Libyan Dinar
1 December 2024 12,936.75 Libyan Dinar
30 November 2024 12,921.69 Libyan Dinar
29 November 2024 12,979.75 Libyan Dinar
28 November 2024 12,882.30 Libyan Dinar
27 November 2024 12,874.86 Libyan Dinar
26 November 2024 12,877.75 Libyan Dinar
25 November 2024 13,055.56 Libyan Dinar
24 November 2024 13,241.48 Libyan Dinar
23 November 2024 13,249.11 Libyan Dinar
22 November 2024 13,125.90 Libyan Dinar
21 November 2024 12,978.41 Libyan Dinar
20 November 2024 12,873.06 Libyan Dinar
19 November 2024 12,804.77 Libyan Dinar
18 November 2024 12,689.84 Libyan Dinar
17 November 2024 12,556.13 Libyan Dinar
16 November 2024 12,509.80 Libyan Dinar
15 November 2024 12,536.08 Libyan Dinar
14 November 2024 12,407.40 Libyan Dinar
13 November 2024 12,683.13 Libyan Dinar
12 November 2024 12,775.88 Libyan Dinar

How to Calculate the Price of Ounce 24K Gold in Libya

  1. Find the current price of gold per ounce 24K

    Check the gold price in United States dollar per ounce 24K from a trusted source (e.g., 2,715)

  2. Convert the price of gold from United States dollar to Libyan Dinar

    Assume the exchange rate is 5 Libyan Dinar per United States dollar. Use the formula:

    Gold price in Libyan Dinar = Gold price in United States dollar × United States dollar to Libyan Dinar exchange rate
    Gold price in Libyan Dinar = 2,715 × 5 = 13,246 Libyan Dinar per ounce 24K

  3. Add the manufacturing cost

    Assume making charges are 50 Libyan Dinar per gram. The final price is:

    Making charges = making charges per gram × 31.1
    Making charges = 50 × 31.1 = 1,555.00
    Final price of Ounce 24K gold = Price per Ounce of 24K gold + Making charges
    Final price of Ounce 24K gold = 13,245.56 + 1,555.00 = 14,800.56 Libyan Dinar

    4. Conclusion

    The price of 1 Ounce 24K gold with making charges is approximately 14,800.56 Libyan Dinar.

Gold Making Charges in Libya

The gold making charges in Libya can significantly impact the overall cost of purchasing gold jewelry. Typically, these charges are calculated as a percentage of the gram price of gold. In Libya, gold making charges generally range from 10% to 25% of the gram price, depending on various factors such as the complexity of the design and the craftsmanship involved.

As gold prices fluctuate, the absolute value of these making charges can vary as well. For instance, if the price of gold is approximately 1,500 Libyan Dinars (LYD) per gram, the making charges could be around 150 LYD to 375 LYD per gram. This means that, on top of the gold price itself, customers may pay an additional amount that can considerably increase the final cost of the jewelry they wish to purchase. Understanding these charges is crucial for consumers looking to make informed decisions when buying gold in Libya.

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