Open Account
▶ Live · Oman Market

Gold Rate in Oman Today

Live gold price in OMR — 24K, 22K, 21K per gram. Muscat gold market rates. Live prices.

Home/ Gold Price/ Oman Gold Rate

Oman Gold Price by Karat — OMR per Gram

KaratPurityOMR per gram (Live)Common Use
Loading...

Oman Gold Market — Muscat

Oman's gold market is centered in Muttrah Souk (Mutrah Gold Market) in Muscat — the Sultanate's largest traditional gold bazaar. The souk has been trading gold for centuries and remains the primary destination for retail gold buyers in Oman.

The Omani Rial (OMR) is pegged to USD at 0.3845 (1 USD = 0.3845 OMR). This peg, backed by Oman's oil reserves and the Central Bank of Oman, has been stable for decades. Gold prices in OMR therefore track international USD gold prices directly.

Indian Expats and Gold in Oman

Oman hosts approximately 700,000 Indian expatriates — the largest foreign community. Indian workers frequently purchase gold in Oman (where it is relatively tax-efficient) and send it home. The OMR to INR rate (approximately ₹215–₹220 per OMR) is closely watched by this community for remittance decisions.

Gold purchased in Oman faces Indian customs duty (15%) when brought to India. Financial gold transfers and trading are more efficient through digital instruments.

Trade Gold from Oman with Exness

Oman traders can trade XAU/USD with Exness. Unlimited leverage, instant USDT withdrawals.

Open Account Free →

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Frequently Asked Questions

What is gold rate in Oman today in OMR?
The live 24K gold price per gram in OMR is shown at the top of this page. OMR is pegged at 0.3845/USD, so rates are stable relative to the dollar. The karat table shows 24K, 22K, 21K, and 18K prices.
Where to buy gold in Oman?
Muttrah Souk (Mutrah Gold Market) in Muscat is the main destination. Major malls including City Centre Muscat and Muscat Grand Mall have certified gold retailers. Bank Muscat and HSBC Oman offer gold savings accounts.
Is there tax on gold in Oman?
Oman applies a 5% VAT on most goods including gold jewelry. Investment-grade gold (bars, coins) may be subject to different treatment — check with your dealer. There is no import duty on gold for personal use within reasonable quantities.