Gold & Silver Price Today in Morocco
Live prices per gram in MAD
Live gold and silver prices in Morocco in MAD. Gold karats 24/22/21/18/14K and silver purities 999/925/900 — updated daily.
🥇 Gold Price — Morocco
| Karat | Per Gram (MAD) |
|---|---|
| 24K | |
| 22K | |
| 21K | |
| 18K | |
| 14K |
MAD/gram
MAD/gram
MAD/gram
MAD/gram
MAD/gram
21K Gold — 7-Day Chart (MAD/gram)
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Silver Price Today in Morocco
Fine 999, Sterling 925 and Coin 900 silver prices in MAD per gram, ounce and kilo. Updated daily from live XAG/USD rates.
| Purity | Per Gram (MAD) |
|---|---|
Fine 999 Silver — 7-Day Chart (MAD/gram)
Gold in Morocco
Morocco has a rich gold tradition stretching back centuries, with distinct jewelry styles across Berber, Andalusian, and Jewish-influenced designs. The country is also a significant gold consumer among North African nations, with demand driven by weddings, festivals, and savings culture. Prices are quoted in Moroccan Dirham (MAD), a managed float currency pegged to a euro/dollar basket.
Local Market Context
Fez's ancient medina and Marrakech's Souk Semmarine are Morocco's most celebrated gold markets, while Casablanca's modern jewelry shops cater to urban consumers. Traditional Berber silver and gold jewelry from the Atlas region is highly sought after. Morocco also has a growing formal retail sector with international chains alongside artisanal goldsmiths.
Taxes & Duties on Gold in Morocco
Morocco applies a 2% import duty on gold and a 14% VAT on jewelry, resulting in a combined tax load of approximately 16% above spot prices. The freshgoldprice.com displayed price includes both the 2% duty and 14% VAT compounded into the retail figure. Investment-grade bullion buyers face the same tax treatment as jewelry buyers — there is no VAT exemption for bullion.
Buying Tips for Morocco
In Fez and Marrakech medinas, prices are often not displayed — negotiate firmly. Ask for the weight in grams and the karat before agreeing on a total price. Licensed jewelers in modern shopping centers offer fixed prices with receipts but are generally less negotiable. Buy from shops registered with the Moroccan Federation of Jewelry Trades for quality assurance.
Gold as an Investment in Morocco
The MAD is relatively stable against a euro/dollar basket, providing moderate currency predictability for gold investment. Morocco's gold market lacks dedicated investment products (no gold ETFs locally), so physical jewelry or small bullion bars remain the primary vehicles. Gold has historically protected MAD savings during periods of moderate local inflation.
Gold & Silver Price FAQ — Morocco
- What is the gold price per gram in Morocco today?
- The current gold price per gram in Morocco is shown in the gold table above in MAD, sourced from international XAU/USD spot rates converted to local currency.
- Which gold karat is most popular in Morocco?
- Gold karats vary in popularity across Morocco. The price is shown in the table above in MAD per gram.
- How are gold karats calculated?
- Pure gold is 24K. Price per gram of each karat = 24K price × (karat ÷ 24). So 18K gold = 75% pure gold.
- What is the silver price per gram in Morocco today?
- The current silver Fine 999 price per gram in Morocco is shown in the silver section above in MAD, updated daily from live XAG/USD spot rates.
- What is the difference between Fine 999 and Sterling 925 silver?
- Fine 999 silver is 99.9% pure and is the standard for investment bars and bullion. Sterling 925 is 92.5% silver alloyed with copper, widely used for jewelry and silverware.
- Does the gold price in Morocco include taxes?
- Yes — the displayed price includes 3% import duty and 14% VAT, compounded into the final figure shown above.
- What taxes apply when buying gold in Morocco?
- Morocco charges a 2% import duty and a 14% VAT on gold jewelry, totaling approximately 16% above international spot when compounded. Unlike some countries, investment bullion in Morocco is not VAT-exempt.
- What makes Moroccan gold jewelry distinctive?
- Moroccan gold jewelry blends Berber, Arab, and Andalusian influences. Regional styles vary significantly — Fez is known for intricate filigree, while the Atlas and Souss regions produce bold Amazigh designs using a mix of gold, silver, and gemstones.
- What karat is most common in Morocco?
- 18K is the standard karat for Moroccan jewelry, ensuring durability for daily wear. Traditional Berber pieces often combine 18K gold with colorful gemstones. 21K and 22K pieces are available for buyers preferring higher purity.