Wednesday, 15 January 2025, 2:12 AM
Gold Unit | Mauritanian ouguiya | U.S. Dollar |
---|---|---|
Gold Ounce | 954,315.81 | 2,673.15 |
Gold Gram Karat 24k | 30,685.40 | 85.95 |
Gold Gram Karat 22k | 28,107.82 | 78.73 |
Gold Gram Karat 21k | 26,849.72 | 75.21 |
Gold Gram Karat 18k | 23,014.05 | 64.47 |
Gold Gram Karat 14k | 17,950.96 | 50.28 |
Gold Gram Karat 12k | 15,342.70 | 42.98 |
Gold Gram Karat 10k | 12,795.81 | 35.84 |
Gold Gram Karat 9k | 11,507.02 | 32.23 |
Gold Gram Karat 8k | 10,218.24 | 28.62 |
In Mauritania, various gold karats are used, with 24k being the most prevalent. Strongly favored for its purity, 24k gold is often sought after for jewelry and investment purposes. It contains 99.9% gold, making it highly desirable among consumers who value quality and craftsmanship.
Following closely is 22k gold, which consists of 91.6% gold. This karat is popular for traditional jewelry, combining beauty and durability. With its rich color and strength, 22k gold is ideal for intricate designs and is often used for wedding bands and special occasion pieces.
The next commonly used karat is 18k, containing 75% gold. Known for its balance of purity and strength, 18k gold is frequently used in modern jewelry styles. It offers a good compromise between softness and durability, making it a popular choice for everyday wear.
Lastly, 14k gold, with 58.3% gold content, is found but is less favored. It is more affordable and provides greater durability, appealing to those who require robust jewelry. While not as common as the higher karats, 14k gold is sometimes chosen due to its lower price point and suitability for active lifestyles.
The price of gold in Mauritania is influenced by a variety of factors, both local and international. Strong demand from global markets is a primary driver of gold prices, with fluctuations on major exchanges like COMEX and the London Metal Exchange directly impacting local valuations. Exchange rates also play a significant role, as the value of the Mauritanian ouguiya against the US dollar affects purchasing power and the overall price of gold in the local market.
In addition to global market trends, local supply and demand dynamics are essential. Mauritania has a rich history of gold mining, and fluctuations in the output from local mines can affect availability and pricing. The activities of artisanal miners, who contribute a substantial portion of gold supply, also influence local prices based on their production levels.
Furthermore, government regulations and taxation policies can impact gold pricing. The Mauritanian government has established frameworks for gold trading and mining operations, which can introduce costs that affect market prices.
These diverse factors combine to create a constantly shifting landscape for gold prices in Mauritania, which reflect both local realities and global economic conditions.
The gold market in Mauritania is anticipated to experience significant fluctuations in the coming years, driven by various global and local factors. With gold traditionally viewed as a safe-haven asset, the ongoing geopolitical tensions and economic uncertainties worldwide may lead to increased demand for gold.
Analysts predict that the price of gold may rise as investors look for stability amidst unpredictable financial markets. Moreover, Mauritania's rich mineral resources, including substantial gold deposits, could play a pivotal role in the country's economic landscape. The government's efforts to enhance mining operations and attract foreign investment can bolster the gold sector, potentially impacting local prices.
Additionally, inflation rates and currency fluctuations could affect gold prices in Mauritania. A weaker local currency may drive gold prices higher, making it more expensive for consumers. Conversely, if global gold prices stabilize or decline, it may result in decreased local demand.
In conclusion, while the outlook for gold prices in Mauritania remains optimistic due to demand and resource availability, external economic indicators will continue to shape the market dynamics.
Date | Gold Ounce | Gold Gram Karat 24 | Gold Gram Karat 22 | Gold Gram Karat 21 | Gold Gram Karat 18 | Gold Gram Karat 14 |
---|---|---|---|---|---|---|
13 January 2025 | 958,826.88 | 30,830.45 | 28,258.97 | 26,971.22 | 23,115.40 | 17,989.25 |
12 January 2025 | 960,012.90 | 30,868.58 | 28,293.93 | 27,004.58 | 23,143.99 | 18,011.50 |
11 January 2025 | 960,012.90 | 30,868.58 | 28,293.93 | 27,004.58 | 23,143.99 | 18,011.50 |
10 January 2025 | 954,208.65 | 30,681.95 | 28,122.86 | 26,841.31 | 23,004.07 | 17,902.60 |
9 January 2025 | 949,551.41 | 30,532.20 | 27,985.60 | 26,710.31 | 22,891.79 | 17,815.22 |
8 January 2025 | 945,092.00 | 30,388.81 | 27,854.17 | 26,584.87 | 22,784.28 | 17,731.56 |
6 January 2025 | 940,944.52 | 30,255.45 | 27,731.93 | 26,468.20 | 22,684.29 | 17,653.74 |
5 January 2025 | 942,502.12 | 30,305.53 | 27,777.84 | 26,512.01 | 22,721.84 | 17,682.97 |
4 January 2025 | 942,502.12 | 30,305.53 | 27,777.84 | 26,512.01 | 22,721.84 | 17,682.97 |
3 January 2025 | 950,185.81 | 30,552.60 | 28,004.30 | 26,728.15 | 22,907.08 | 17,827.13 |
2 January 2025 | 940,280.37 | 30,234.10 | 27,712.36 | 26,449.52 | 22,668.28 | 17,641.28 |
1 January 2025 | 936,752.15 | 30,120.65 | 27,608.37 | 26,350.27 | 22,583.22 | 17,575.09 |
31 December 2025 | 930,800.13 | 29,929.26 | 27,432.95 | 26,182.84 | 22,439.73 | 17,463.42 |
30 December 2025 | 936,472.03 | 30,111.64 | 27,600.12 | 26,342.39 | 22,576.47 | 17,569.83 |
29 December 2025 | 934,953.95 | 30,062.83 | 27,555.38 | 26,299.69 | 22,539.87 | 17,541.35 |
28 December 2024 | 934,953.95 | 30,062.83 | 27,555.38 | 26,299.69 | 22,539.87 | 17,541.35 |
27 December 2024 | 940,079.82 | 30,227.65 | 27,706.45 | 26,443.88 | 22,663.45 | 17,637.52 |
26 December 2024 | 937,793.03 | 30,154.12 | 27,639.05 | 26,379.55 | 22,608.32 | 17,594.62 |
25 December 2024 | 934,271.25 | 30,040.88 | 27,535.26 | 26,280.49 | 22,523.41 | 17,528.54 |
24 December 2024 | 935,789.61 | 30,089.70 | 27,580.01 | 26,323.20 | 22,560.02 | 17,557.03 |
23 December 2024 | 937,443.35 | 30,142.87 | 27,628.75 | 26,369.71 | 22,599.89 | 17,588.06 |
22 December 2024 | 935,961.34 | 30,095.22 | 27,585.07 | 26,328.03 | 22,564.16 | 17,560.25 |
21 December 2024 | 935,961.34 | 30,095.22 | 27,585.07 | 26,328.03 | 22,564.16 | 17,560.25 |
20 December 2024 | 927,287.19 | 29,816.31 | 27,329.42 | 26,084.03 | 22,355.04 | 17,397.51 |
19 December 2024 | 931,431.50 | 29,949.57 | 27,451.56 | 26,200.60 | 22,454.95 | 17,475.26 |
18 December 2024 | 944,336.99 | 30,364.53 | 27,831.92 | 26,563.63 | 22,766.08 | 17,717.39 |
17 December 2024 | 946,618.15 | 30,437.88 | 27,899.15 | 26,627.80 | 22,821.07 | 17,760.19 |
16 December 2024 | 946,675.86 | 30,439.74 | 27,900.85 | 26,629.42 | 22,822.47 | 17,761.27 |
15 December 2024 | 945,477.43 | 30,401.20 | 27,865.53 | 26,595.71 | 22,793.57 | 17,738.79 |
14 December 2024 | 946,021.18 | 30,418.69 | 27,881.56 | 26,611.00 | 22,806.68 | 17,748.99 |
The gold making charges in Mauritania are an essential aspect to consider when purchasing gold jewelry or investment pieces. Typically, these charges are expressed as a percentage of the gram price of gold, which can vary depending on the jeweler and the complexity of the design. Generally, making charges can range from 10% to 20% of the gram price, significantly influencing the overall cost.
For instance, if the current market price of gold is approximately 30,000 MRU (Mauritanian Ouguiya) per gram, the making charges could be calculated as follows: a 15% charge would equal an additional 4,500 MRU per gram. Therefore, the total price per gram of gold, including making charges, would amount to around 34,500 MRU.
It is advisable for buyers to shop around and compare making charges among different jewelers to ensure they are getting a fair deal. Additionally, understanding these charges can help buyers make informed decisions about their gold purchases in Mauritania.