Bearish (3,750 - 4,000 USD)
More forecast info ⬇
Gold Ounce
4,293.84
H:4,317.23 | L:4,261.34
Gram 24
138.07
H:138.82 | L:137.02
Gram 22
126.56
H:127.25 | L:125.60
Gram 21
120.81
H:121.47 | L:119.89
Silver Ounce
63.63
H:63.92 | L:62.53
Silver Kg
2,045.98
H:2,055.31 | L:2,010.64

Gold Price Today in Madagascar

Tuesday, 15 September 2026, 9:36 PM

Live
18,524,657.51 Malagasy ariary/Ounce
545,613.71 Malagasy ariary/Gram 22K
446,736.11 Malagasy ariary/Gram 18K
348,454.17 Malagasy ariary/Gram 14K

Gold ounce price in Madagascar is 18,524,657.51 Malagasy ariary per ounce, Gold gram price is 595,648.15 Malagasy ariary per gram karat 24, 546,010.81 Malagasy ariary per gram karat 22, 521,192.13 Malagasy ariary per gram karat 21, 446,736.11 Malagasy ariary per gram karat 18.

Today, gold price increased by 24,893.17 Malagasy ariary per Ounce (+0.13%) compared to yesterday. In the past year, gold rose by 13.92%. Over five years, gold more than doubled (+164.6%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a Bullish momentum overall, trading at 18,524,657.51 Malagasy ariary per Ounce.
Safe-haven demand and inflation hedging continue to support higher prices.

See Also: Silver Price in Madagascar

Gold Price in Madagascar in Malagasy ariary

Gold Unit Malagasy ariary U.S. Dollar
Gold Ounce 18,524,657.51 4,293.84
Gold Gram Karat 24K 595,648.15 138.07
Gold Gram Karat 23K 574,800.47 133.23
Gold Gram Karat 22K 545,613.71 126.47
Gold Gram Karat 21K 521,192.13 120.81
Gold Gram Karat 18K 446,736.11 103.55
Gold Gram Karat 14K 348,454.17 80.77
Gold Gram Karat 12K 297,824.08 69.03
Gold Gram Karat 10K 248,385.28 57.57
Gold Gram Karat 9K 223,368.06 51.77
Gold Gram Karat 8K 198,350.83 45.98

Gold Price Forecast in Madagascar

Bearish (3,750 - 4,000 USD)
  • Date: Tuesday, 15 September 2026, 12:00 AM
  • The forecast: Bearish, The gold price in Madagascar is expected to fall in the next 30 days.
  • The forecasted price: 16178400 - 17256960 Malagasy ariary.
  • The forecasted price in USD: 3,750 - 4,000 USD.
  • The analysis: Despite heightened global tensions typically boosting gold's safe-haven appeal, the market is currently experiencing significant bearish pressure. A strong US Dollar and persistent bets on further Federal Reserve interest rate hikes, fueled by rising oil prices, are creating a potent headwind. For retail investors, this means the opportunity cost of holding non-yielding gold is high, making interest-bearing assets more attractive. Local gold prices are thus being dictated by global economic trends overriding traditional safety plays, leading to anticipated declines.
  • Key drivers: Persistent bets on further US interest rate hikes, Strong US Dollar Index (DXY) strength, Economic outlook (rate hikes) overriding geopolitical safe-haven appeal.

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 Madagascar

Today
Bid Price 18,523,731.28 MGA
Ask Price 18,525,583.74 MGA
High Price 18,625,567.59 MGA
Low Price 18,384,444.70 MGA
Open Price 18,499,764.34 MGA
Close Price 18,521,896.40 MGA
Change 24,893.17 MGA
Change % 0.13%
Previous Year
1 Month High 20,116,279.07 MGA
1 Month Low 18,584,884.30 MGA
6 Months High 20,133,344.09 MGA
6 Months Low 16,575,871.45 MGA
1 Year High 23,898,437.87 MGA
1 Year Low 16,047,119.94 MGA

Gold Price Chart in Madagascar

Price of Gold Bullion in Madagascar in Malagasy ariary

  • The price of gold bullion 1 Gram in Madagascar: 595,648.15 Malagasy ariary
  • The price of gold bullion 5 Grams in Madagascar: 2,978,240.76 Malagasy ariary
  • The price of gold bullion 10 Grams in Madagascar: 5,956,481.51 Malagasy ariary
  • The price of gold bullion 20 Grams in Madagascar: 11,912,963.03 Malagasy ariary
  • The price of gold bullion 1 Ounce (31.1 Grams) in Madagascar: 18,524,657.51 Malagasy ariary
  • The price of gold bullion 50 Grams in Madagascar: 29,782,407.57 Malagasy ariary
  • The price of gold bullion 100 Grams in Madagascar: 59,564,815.14 Malagasy ariary
  • The price of gold bullion 10 Tolas (116.65 Grams) in Madagascar: 69,482,356.86 Malagasy ariary
  • The price of gold bullion 250 Grams (1/4 Kilo) in Madagascar: 148,912,037.86 Malagasy ariary
  • The price of gold bullion 500 Grams (1/2 Kilo) in Madagascar: 297,824,075.72 Malagasy ariary
  • The price of gold bullion 1000 Grams (1 Kilo) in Madagascar: 595,648,151.44 Malagasy ariary

Gold price in Madagascar in September 2026 in Malagasy ariary

Date Gold Ounce Gold Gram 22K Gold Gram 18K Gold Gram 14K
15 September 2026 18,584,884.30 547,313.69 448,128.02 349,539.86
14 September 2026 18,586,543.51 547,362.55 448,168.03 349,571.06
13 September 2026 18,708,193.57 550,945.08 451,101.32 351,859.03
12 September 2026 18,708,193.57 550,945.08 451,101.32 351,859.03
11 September 2026 18,789,888.74 553,350.95 453,071.19 353,395.53
10 September 2026 18,665,068.46 549,675.07 450,061.46 351,047.94
9 September 2026 19,181,415.93 564,881.19 462,511.89 360,759.28
8 September 2026 19,013,157.89 559,926.09 458,454.77 357,594.72
7 September 2026 18,857,928.84 555,354.69 454,711.81 354,675.21
6 September 2026 18,983,776.02 559,060.81 457,746.30 357,042.11
5 September 2026 18,983,776.02 559,060.81 457,746.30 357,042.11
4 September 2026 18,983,372.27 559,048.92 457,736.56 357,034.52
3 September 2026 19,342,483.92 569,624.55 466,395.64 363,788.60
2 September 2026 18,943,145.84 557,864.28 456,766.60 356,277.95
1 September 2026 18,782,259.20 553,126.26 452,887.22 353,252.04
31 August 2026 19,269,718.88 567,481.66 464,641.10 362,420.06
30 August 2026 19,363,025.87 570,229.49 466,890.96 364,174.95
29 August 2026 19,325,892.86 569,135.95 465,995.59 363,476.56
28 August 2026 19,261,531.26 567,240.54 464,443.67 362,266.06
27 August 2026 19,854,236.87 584,695.36 478,735.29 373,413.52
26 August 2026 19,840,977.26 584,304.88 478,415.56 373,164.14
25 August 2026 20,116,279.07 592,412.35 485,053.78 378,341.95
24 August 2026 20,023,148.15 589,669.70 482,808.16 376,590.36
23 August 2026 19,728,776.55 581,000.63 475,710.12 371,053.90
22 August 2026 19,728,776.55 581,000.63 475,710.12 371,053.90
21 August 2026 20,000,000.00 588,988.00 482,250.00 376,155.00
20 August 2026 19,387,066.52 570,937.48 467,470.64 364,627.10
19 August 2026 19,327,526.12 569,184.05 466,034.97 363,507.28
18 August 2026 18,811,816.74 553,996.72 453,599.93 353,807.95
17 August 2026 18,976,600.38 558,849.50 457,573.28 356,907.16

Gold Performance in Malagasy ariary

Period Date Rate MGA/Ounce Change Change %
1 Day 2026-09-15 18,524,657.51 +24,893.17 +0.13%
1 Week 2026-09-08 19,013,157.89 -488,500.39 -2.57%
30 Days 2026-08-16 18,872,749.43 -348,091.92 -1.84%
6 Months 2026-03-15 20,863,778.46 -2,339,120.95 -11.21%
1 Year 2025-09-15 16,260,759.91 +2,263,897.60 +13.92%
5 Years 2021-09-15 7,001,431.62 +11,523,225.89 +164.58%
10 Years 2016-09-15 4,018,603.43 +14,506,054.08 +360.97%