Muscat: Customers in Oman who plan to buy 24-carat gold jewellery will now need to spend OMR20 per gram.

According to figures released by Malabar Gold and Diamonds, the price of 24-carat gold reached OMR 20 around 9:15am on Monday morning. The price of 22-carat gold is OMR 19.3 per gram.

Gold prices have reached similar rates across the rest of the GCC countries, with customers who wish to buy it in the United Arab Emirates requiring to pay 179.25 AED for 22-carat gold, and 190.75 AED for 24-carat gold.

These rates have also been reflected in Bahrain (18.4 Bahraini Dinars for 22-carat gold, 19.4 Bahraini Dinars for 24-carat gold), Qatar, where the prices is 181.5 Qatari Riyals for 22-carat gold, and 190.75 Qatari Riyals for 24-carat gold, and Saudi Arabia, where gold is priced at 182 Saudi Riyals for 22-carat gold and 195 Saudi Riyals for 24-carat gold.

 
Over in Kuwait, 22-carat gold will cost customers 14.95 Kuwaiti Dinars, while 24-carat gold will set them back 15.75 Kuwaiti Dinars.
 

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