Gold Price per Gram 21K in Oman (875)

Last update: Thursday, 7 November 2024, 1:26 AM According to the time zone of Muscat

28.82 Omani Rial/Gram 21K
Live
74.84 U.S. Dollar/Gram 21K

Gold price per Gram 21K in Oman is 28.82 Omani Rial (OMR) per Gram 21K.

This page shows the current today's gold price per Gram 21K in Oman in Omani Rial (OMR). Gold karat 21 contains 87.5% of gold. Gold 21K is also called 875 gold.

Gold Price per Gram 21K in Oman in Omani Rial and Other Major Currencies

Gold Gram 21K
Omani Rial 28.82
U.S. Dollar 74.84
Euro 69.71
British Pound 58.17

Gold Price Chart Omani Rial/Gram 21K

Gold Price for 21K in Oman in Omani Rial For Different Units (Weights)

Gold 21K
Ounce 21K 896.22
Gram 21K 28.82
Kilogram 21K 28,817.25
Tola 21K 336.08

Gold price in Oman in November 2024 in Omani Rial/Gram 21K

Date Gold Gram 21K
5 November 2024 29.63 Omani Rial
4 November 2024 29.57 Omani Rial
3 November 2024 29.51 Omani Rial
2 November 2024 29.62 Omani Rial
1 November 2024 29.82 Omani Rial
31 October 2024 30.16 Omani Rial
29 October 2024 29.83 Omani Rial
28 October 2024 29.62 Omani Rial
27 October 2024 29.76 Omani Rial
26 October 2024 29.74 Omani Rial
25 October 2024 29.55 Omani Rial
24 October 2024 29.63 Omani Rial
23 October 2024 29.41 Omani Rial
18 October 2024 29.38 Omani Rial
17 October 2024 29.03 Omani Rial
16 October 2024 28.89 Omani Rial
15 October 2024 28.62 Omani Rial
14 October 2024 28.80 Omani Rial
11 October 2024 28.74 Omani Rial
12 October 2024 28.77 Omani Rial
11 October 2024 28.65 Omani Rial
10 October 2024 28.28 Omani Rial
9 October 2024 28.36 Omani Rial
8 October 2024 28.66 Omani Rial
7 October 2024 28.67 Omani Rial
6 October 2024 28.73 Omani Rial
5 October 2024 28.71 Omani Rial
4 October 2024 28.89 Omani Rial
3 October 2024 28.73 Omani Rial
2 October 2024 28.73 Omani Rial

How to Calculate the Price of Gram 21K Gold in Oman

  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., 2,660)

  2. Convert the price of gold from United States dollar to Omani Rial

    Assume the exchange rate is 0 Omani Rial per United States dollar. Use the formula:

    Gold price in Omani Rial = Gold price in United States dollar × United States dollar to Omani Rial exchange rate
    Gold price in Omani Rial = 2,660 × 0 = 1,024 Omani Rial per ounce 24K
  3. Calculate the price per gram of 24K gold

    Since 1 ounce equals 31.1 grams, the price per gram of 24K gold is:

    Price per gram of 24K = Gold price in Omani Rial / 31.1
    Price per gram of 24K = 1,024 / 31.1 ≈ 32.93 Omani Rial
  4. Convert the price from 24K to 21K gold

    Since 21K gold is 21 parts gold out of 24, the price for 21K gold is:

    Price per Gram of 21K gold = Price per Gram of 24K gold × (21 / 24)
    Price per Gram of 21K gold = 32.93 × (21 / 24) ≈ 28.82 Omani Rial
  5. Add the manufacturing cost

    Assume making charges are 75 Omani Rial per gram. The final price is:

    Final price of Gram 21K gold = Price per Gram of 21K gold + Making charges
    Final price of Gram 21K gold = 28.82 + 75 = 103.82 Omani Rial
  6. Conclusion

    The price of 1 Gram of 21K gold with making charges is approximately 103.82 Omani Rial.

Gold Making Charges in Oman

The gold making charges in Oman are an important factor to consider when purchasing gold jewelry. Typically, these charges are presented as a percentage of the gram price of gold. In Oman, the making charges can vary widely based on the type of jewelry and the intricacy of the design. Generally, the making charges can range from 5% to 15% of the gold price per gram.

For example, if the current market price of gold is OMR 25 per gram, the making charges could add an additional OMR 1.25 to OMR 3.75, depending on the percentage applied. Therefore, the approximate absolute value of making charges can fall within the range of OMR 1.25 to OMR 3.75 per gram of gold purchased.

It is advisable for buyers to inquire about the specific making charges applicable to their selected jewelry piece, as these charges can impact the overall cost significantly. Understanding both the market price of gold and the associated making charges will help customers make more informed purchasing decisions when buying gold jewelry in Oman.