New change: Gold prices decline in Libya on Thursday, January 8, 2026.

Tripoli | Gold markets in Libya witnessed a slight decline in prices today, Thursday, January 8, 2026, affecting a number of karats and types. Prices continue to trade at high levels, driven by two main factors: the first is the rise and fluctuation of the US dollar exchange rate in the parallel market, and the second is the continued trading of the ounce price on global markets above the $4,400 barrier.

1. List of “Scrap” and Cast Gold Prices

Prices for used gold (scrap) and local bullion recorded the following values at the opening:

2. “New” and Used Gold Prices

These prices are subject to the merchant’s assessment and the quality of craftsmanship, and came as general averages as follows:

• New Gold (18-karat): Ranges between 1,085 – 1,135 L.D.

• New Gold (21-karat): Ranges between 1,285 – 1,335 L.D.

• Used Gold (18-karat): Ranges between 975 – 1,005 L.D.

• Used Gold (21-karat): Ranges between 1,085 – 1,145 L.D.

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Tripoli

Tripoli is the capital and largest city of Libya, located on the country’s Mediterranean coast. Historically, it was founded by the Phoenicians in the 7th century BC and has since been ruled by the Romans, Arabs, Ottomans, and Italians, which is reflected in its diverse architecture, such as the ancient Medina and the Red Castle.

Libya

Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.

US dollar

The US dollar is the official currency of the United States, established by the Coinage Act of 1792. It evolved from a system based on Spanish milled dollars and has become the world’s primary reserve currency since the Bretton Woods agreement in 1944.