Gold −3.57% on Friday, its biggest daily fall since 10 Jun 2026 In the news: Gold falls to one-year low as oil-driven inflation lifts Fed rate-hike expectations巴士的報 · 1h ago Gold breaks $3,886 floor to new YTD low as Fed hawks press on | FXStreetشبكة تواصل الإخبارية · 3h ago Gold falls to new YTD low as $3,886 support gives way and Fed hawks maintain pressurewww.tmgm.com · 7h ago Why did gold go down on Friday? → What happened after past 3% drops →
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Gold Price in Kuwait Today

Today's gold rate in Kuwait: 24K gold KWD 38.74 per gram, 22K gold KWD 35.49 per gram, 21K gold KWD 33.90 per gram (as of Oct 31, 2026, 00:55 AST). This is based on spot gold at $3,876.73 per troy ounce and 1 USD = 0.31086 KWD. Change today: −3.49% in KWD terms.

Gold rate today · KWD

Market closed · last price
24K goldper 1 gram
KWD 38.74
22K goldper 1 gram
KWD 35.49
21K goldper 1 gram
KWD 33.90
−KWD 1.40 (−3.49%) today, 24K gold per 1 gram
As of Oct 31, 2026 · 12:55 AM AST · 1 USD = 0.31086 KWD
Low KWD 1,20852 weeks, per ozHigh KWD 1,627

Gold price in KWD · per ounce

Loading chart…
Chart in KWD: COMEX gold futures daily closes × that day's USD/KWD exchange rate.

Gold Rate in Kuwait by Karat and Weight

Value of the gold content at today's spot price, in KWD. Jewellery adds making charges and taxes — work out a jewellery bill with the jewellery price calculator. Travelling? See how much gold you can bring into Kuwait. Jewellers: see the trade price board, scrap and alloy calculators.

Purity1 gram1 tola10 tola bar1 ounce100 grams1 kilo
24K999 fine KWD 38.74 KWD 451.91 KWD 4,519.12 KWD 1,205.10 KWD 3,874.48 KWD 38,745
22K916 fine KWD 35.49 KWD 413.95 KWD 4,139.52 KWD 1,103.87 KWD 3,549.03 KWD 35,490
21K875 fine KWD 33.90 KWD 395.42 KWD 3,954.23 KWD 1,054.46 KWD 3,390.17 KWD 33,902
18K750 fine KWD 29.06 KWD 338.93 KWD 3,389.34 KWD 903.82 KWD 2,905.86 KWD 29,059

Gold Performance in KWD

How the gold price has changed for someone measuring in KWD — including currency moves.

Today
−3.49%
1 Week
−1.79%
1 Month
−6.45%
3 Months
−4.56%
Year to date
−9.12%
1 Year
−0.99%
3 Years
+96.99%
5 Years
+125.64%
10 Years
+214.59%
20 Years
+593.97%

Gold Price in Kuwait by Year (KWD)

Year-end price per ounce and per gram in Kuwaiti dinars, with the year's change, high and low: the international price converted at each day's exchange rate, before taxes and dealer premiums. Highest close: KWD 1,627 an ounce on 29 Jan 2026.

YearYear-end, per ounceChangeHighLowPer gram
2026 YTDKWD 1,208−9.4% KWD 1,627 Jan 29KWD 1,208 Oct 30KWD 38.83
2025KWD 1,334+64.2% KWD 1,396 Dec 26KWD 815.40 Jan 6KWD 42.88
2024KWD 812.11+27.8% KWD 857.60 Oct 30KWD 616.40 Jan 17KWD 26.11
2023KWD 635.63+13.9% KWD 644.25 Dec 1KWD 556.58 Feb 24KWD 20.44
2022KWD 558.27+1.1% KWD 619.73 Mar 8KWD 504.11 Nov 3KWD 17.95
2021KWD 552.24−4.0% KWD 593.36 Jan 5KWD 507.76 Mar 8KWD 17.75
2020KWD 575.35+25.1% KWD 630.96 Aug 6KWD 456.63 Mar 18KWD 18.50
2019KWD 459.95+18.9% KWD 470.36 Sep 4KWD 385.48 May 2KWD 14.79
2018KWD 386.81−1.8% KWD 408.04 Jan 25KWD 356.27 Aug 16KWD 12.44
2017KWD 393.98+12.1% KWD 405.01 Sep 8KWD 354.62 Jan 3KWD 12.67
2016KWD 351.44+9.2% KWD 411.52 Jul 6KWD 325.65 Jan 4KWD 11.30
2015KWD 321.70−7.0% KWD 381.63 Jan 22KWD 318.39 Dec 17KWD 10.34
2014KWD 345.82+2.2% KWD 387.64 Mar 14KWD 331.71 Nov 5KWD 11.12
2013KWD 338.33−28.1% KWD 476.18 Jan 22KWD 337.11 Dec 19KWD 10.88
2012KWD 470.45+8.1% KWD 502.71 Oct 4KWD 428.29 May 16KWD 15.13
2011KWD 435.14+8.6% KWD 514.29 Aug 22KWD 368.49 Jan 27KWD 13.99
2010KWD 400.61+27.6% KWD 400.61 Dec 31KWD 302.61 Feb 5KWD 12.88
2009KWD 313.99+28.8% KWD 346.72 Dec 3KWD 229.37 Jan 14KWD 10.10
2008KWD 243.87+6.7% KWD 268.44 Mar 5KWD 190.02 Oct 23KWD 7.84
2007KWD 228.60+24.5% KWD 230.77 Nov 8KWD 174.88 Jan 5KWD 7.35
2006KWD 183.64+21.7% KWD 208.09 May 11KWD 153.57 Jan 5KWD 5.90
2005KWD 150.94+17.2% KWD 154.24 Dec 12KWD 120.44 Feb 8KWD 4.85
2004KWD 128.84+5.4% KWD 134.29 Dec 3KWD 109.93 May 13KWD 4.14
Daily closing prices from 2003; the current year runs to the latest close. Click a year for the gold price in US dollars that year, with key events.

How gold is priced in Kuwait

Kuwaiti jewellers quote a daily price per gram in dinars, mostly for 18K–22K jewellery, and add a negotiable making fee. The figures here are international spot converted at today's USD/KWD rate.

Taxes

Kuwait has no VAT, and the 2026–2030 fiscal plan does not introduce one. Imported jewellery typically pays 5% customs duty.

No cash payments

Gold and jewellery can no longer be paid for in cash — use a card or bank transfer. The ban was introduced by Ministerial Resolution 182/2025 (reported in November 2025) and reinforced by decrees in September 2026, which also tightened identity checks on larger purchases.

Hallmarking

The Ministry of Commerce's Precious Metals Department inspects and stamps pieces, and every item must carry a label showing its karat, weight and making charge.

Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.

Gold value calculator · KWD

Estimated value
—

How we calculate

Spot gold (USD per troy ounce of pure gold) × today's USD/KWD rate × purity × weight ÷ 31.1035 g. That is the metal value; shop prices add making charges, dealer margins and any taxes described on this page.

Gold Price in Kuwait: FAQ

What is the gold price in Kuwait today?

At the international spot price (Oct 31, 2026, 00:55 AST): about KWD 38.74 for 24K gold, KWD 35.49 for 22K gold and KWD 33.90 for 21K gold, per gram. Kuwaiti jewellers add a negotiable making fee on top of the gram price. Kuwait has no VAT, and gold can no longer be paid for in cash.

Can I pay cash for gold in Kuwait?

No. Cash payments for gold and jewellery are banned (Ministerial Resolution 182/2025, reinforced in September 2026); pay by card or bank transfer.

Is there VAT on gold in Kuwait?

No. Kuwait does not levy VAT.

How are jewellery prices calculated in Kuwait?

Weight × the day's gram price for that karat, plus a making charge. The label on each piece must show karat, weight and making charge.

What is the highest gold price ever in Kuwaiti dinars?

The highest daily close in our data is KWD 1,627 per ounce (KWD 52.31 per gram), on 29 January 2026: the international price converted at that day's exchange rate. The table of prices by year shows each year's high and low.

How has the gold price changed in Kuwaiti dinars over 10 years?

From the end of 2015 to the end of 2025, gold went from KWD 321.70 to KWD 1,334 an ounce in Kuwaiti dinars, a rise of 315%. Part of any change in a local currency comes from the exchange rate, not the metal.

Gold Price in Other Countries

All countries →
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Sources: Kuwait Times: buying gold in Kuwait · Siasat: Kuwait cash ban on gold purchases · Enterprise: Kuwait cash payment decrees (Sep 2026)