Gold prices in the Syrian market saw a notable decline today, Saturday, with the price of a gram of 21-karat gold falling by 300 Syrian pounds in the new currency. This decline is compared to the prices recorded for the yellow metal yesterday, Friday.
21-Karat Gold Prices
According to the bulletin issued by the General Commission for Precious Metals Management, the selling price of a gram of 21-karat gold reached 17,350 Syrian pounds, while the buying price was 17,050 Syrian pounds.
Determining 18-Karat Gold Price
The bulletin also set the selling price of a gram of 18-karat gold at 14,900 Syrian pounds. The buying price for the same karat reached 14,600 Syrian pounds in the local market.
Global Ounce Price
Globally, the price of an ounce in the international market today recorded 4,540 US dollars. This price reflects the global trading of the precious metal in international markets.
Functions of the General Commission for Precious Metals Management
The General Commission for Precious Metals Management was established in Syria with the aim of regulating and developing the gold and precious metals sector, and enhancing its contribution to the national economy. The Commission operates within a financially and administratively independent framework and oversees gold pricing through jewelers' associations.
What Does the Official Gold Bulletin Show for May 16?
According to the figures reported in the article, one gram of 21-karat gold reached a selling price of 17,350 Syrian pounds and a buying price of 17,050 pounds in the new currency, a spread of 300 pounds. For 18-karat gold, the selling price was 14,900 pounds and the buying price was 14,600 pounds, also a spread of 300 pounds.
This spread matters to anyone buying or selling gold because the selling and buying quotations are not the same. The article also states that 21-karat gold declined by 300 pounds compared with the previous Friday, making this page a record of the announced gold-price movement in that bulletin.
Archive notice: The page reports the May 16, 2026 figures in the new currency as stated in the bulletin and is not a current live quote.
Keywords
- Gold prices in Syria
- Price of 21-karat gold gram in Syria
- Gold price today
- Syrian gold market
- General Commission for Precious Metals Management
- Global ounce price
- 18-karat
- 21-karat
