Gold & Silver Price Today in Yemen
Live prices per gram in YER
Live gold and silver prices in Yemen in YER. Gold karats 24/22/21/18/14K and silver purities 999/925/900 — updated daily.
🥇 Gold Price — Yemen
| Karat | Per Gram (YER) |
|---|---|
| 24K | |
| 22K | |
| 21K | |
| 18K | |
| 14K |
YER/gram
YER/gram
YER/gram
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21K Gold — 7-Day Chart (YER/gram)
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Silver Price Today in Yemen
Fine 999, Sterling 925 and Coin 900 silver prices in YER per gram, ounce and kilo. Updated daily from live XAG/USD rates.
| Purity | Per Gram (YER) |
|---|---|
Fine 999 Silver — 7-Day Chart (YER/gram)
Gold in Yemen
Yemen has an ancient goldsmithing tradition, particularly celebrated for intricate filigree work and the distinctive jewelry of Sana'a and Aden. Despite years of civil war and humanitarian crisis, gold remains the primary savings and wealth-preservation instrument for millions of Yemeni families. Prices are quoted in Yemeni Rial (YER), a currency that has fragmented into multiple rates across conflict-divided territories.
Local Market Context
Sana'a's old city gold souk and Aden's Crater district are Yemen's main historic gold markets, though conflict has severely disrupted activity in many areas. Informal cross-border trade with Oman and Saudi Arabia keeps the market partially supplied. Yemeni goldsmiths are renowned throughout the Gulf for their craftsmanship, and skilled artisans have emigrated to Gulf cities, maintaining the tradition abroad.
Taxes & Duties on Gold in Yemen
Yemen applies no VAT or import duty on gold. However, the effective dealer margin is approximately 5% — elevated above stable markets — due to conflict-related logistics, supply disruptions, and the collapse of normal commercial infrastructure. The YER has split between Aden government and Houthi-controlled territory rates, creating pricing confusion in practice.
Buying Tips for Yemen
In accessible areas, buy from established shops in recognized gold districts. Verify weight and karat purity carefully. Given the currency fragmentation, gold is increasingly transacted in Saudi Riyal or USD in many parts of Yemen — confirm the applicable exchange rate before purchasing. For investment purposes, smaller denominations (coins, small bars) offer better liquidity in uncertain conditions.
Gold as an Investment in Yemen
In Yemen's crisis economy, physical gold is the most reliable store of value available to citizens. It is universally recognized, portable across conflict lines, and retains value regardless of which authority controls a given territory. Yemen's goldsmithing heritage means there is always demand for well-crafted pieces, providing reasonable liquidity even in difficult conditions.
Gold & Silver Price FAQ — Yemen
- What is the gold price per gram in Yemen today?
- The current gold price per gram in Yemen is shown in the gold table above in YER, sourced from international XAU/USD spot rates converted to local currency.
- Which gold karat is most popular in Yemen?
- Gold karats vary in popularity across Yemen. The price is shown in the table above in YER 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 Yemen today?
- The current silver Fine 999 price per gram in Yemen is shown in the silver section above in YER, 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 Yemen include taxes?
- Yemen does not levy import duty or VAT on gold. The displayed price reflects spot × YER exchange rate × dealer margin only.
- Is Yemen's currency situation affecting gold prices?
- Yes. The Yemeni Rial has split into different rates in Aden-controlled (internationally recognized government) and Houthi-controlled areas, creating pricing differences. Gold transactions increasingly use SAR or USD as reference currencies to avoid this complexity.
- What makes Yemeni gold jewelry special?
- Yemeni goldsmiths are famous for intricate filigree work — delicate metalwork using fine twisted gold wire — that has been produced in Sana'a for centuries. This distinctive style commands premium prices among collectors in the Gulf and diaspora communities worldwide.
- Is there any tax on gold in Yemen?
- No. Yemen does not levy VAT or import duty on gold. The approximately 5% premium above international spot reflects elevated risk and supply disruptions rather than formal taxation.