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Gold Price in Morocco (MAD)

Live 24K · 22K · 21K · 18K · 14K · 12K · 9K per gram

Gold price in Moroccan Dirham (MAD) — Morocco

Today, 24-karat (999) gold costs about 1,345 MAD per gram in Morocco, with 22K around 1,233 MAD and 18K near 1,010 MAD. These prices are derived from the international XAU/USD spot price, converted into Moroccan Dirham at Morocco's parallel (black market) exchange rate.

How the gold price in MAD is calculated

Gold trades globally in US dollars per troy ounce. To express it in Moroccan Dirham, we take the live XAU/USD spot price, divide by 31.1035 to get the price per gram, apply the purity factor for each karat, and then convert to MAD using Morocco's parallel exchange rate. Using the parallel rate matters: at the lower official Bank Al-Maghrib rate, the local gold price would look artificially cheap compared with what jewellers actually charge.

Gold karats explained (24K, 22K, 18K and more)

Karat measures purity as parts per 24. Pure 24K gold is 999 fineness; 22K is about 916 (popular for jewellery and coins), 21K is 875, 18K is 750, 14K is 585, 12K is 500 and 9K is 375. The price per gram scales directly with these factors — so 18K gold is roughly three-quarters the price of 24K. We publish all seven tiers so you can value any piece.

To value a piece by the ounce, multiply the per-gram price by 31.1035; for a kilogram bar, multiply by 1,000.

Why gold prices track the parallel market in Morocco

The dirham is managed against a euro-dollar basket, so Morocco's informal market is modest and driven mainly by tourism and travel needs. When a currency is under pressure, people often move savings into gold, so the local gold price and the parallel dollar rate tend to rise together. Watching gold in MAD is therefore a useful real-terms gauge of how much the Moroccan Dirham is losing — or holding — its value.

Frequently asked questions

What is the price of 24K gold per gram in MAD today?

24-karat (999) gold is currently about 1,345 MAD per gram in Morocco, based on the live XAU/USD spot price converted at the parallel-market rate. The figure on this page refreshes regularly throughout the day.

How is the gold price in Moroccan Dirham calculated?

We start from the global XAU/USD spot price, convert to a per-gram figure (dividing by 31.1035 grams per troy ounce), apply each karat's purity factor, and convert into MAD using Morocco's parallel (black market) exchange rate.

Why is gold more expensive when priced at the parallel rate?

Because the parallel exchange rate values the US dollar higher than the official rate. Since gold is priced in dollars internationally, converting it at the stronger street rate gives a higher — and more realistic — Moroccan Dirham price than the official rate would.

What is the difference between 24K, 22K and 18K gold?

The karat number is the share of pure gold out of 24. 24K is essentially pure (999), 22K is about 91.6% (916), and 18K is 75% (750) gold mixed with other metals for durability. Price scales with purity, so 18K is roughly three-quarters the per-gram price of 24K.

How often does the MAD gold price update?

Gold prices in Moroccan Dirham on this page refresh regularly through the day as both the global spot price and Morocco's parallel exchange rate move.

Disclaimer: gold prices for Morocco are derived by converting the international XAU/USD spot price into Moroccan Dirham at the parallel-market exchange rate and applying standard purity factors. They are indicative, for price-transparency and informational purposes only, and are not an offer to buy or sell gold or a quote from any dealer. Local jewellers add making charges, VAT and margins. Always confirm with a licensed dealer before transacting.