Gold and silver prices in the Libyan market have seen a clear decline, driven by a drop in the global price of a gold ounce and a fall in the parallel market dollar rate to 8.77 dinars, which directly impacted the prices of scrap, new, and used gold.
🟡 Scrap Gold Selling Prices
- 18 Karat: 1003.0 dinars
- 21 Karat: 1170.1 dinars
- 22 Karat: 1225.8 dinars
- 24 Karat: 1337.3 dinars
⚪ Scrap Silver Prices
- Chromium: 16.0 dinars
- 800: 15.0 dinars
- 850: 18.0 dinars
- 900: 17.0 dinars
- Low Karats (Rings – Hooves): 12.0 ~ 14.0 dinars
🟡 New Gold Purchase Prices
- 18 Karat: Between 1290 ~ 1360 dinars
- 21 Karat: Between 1420 ~ 1480 dinars
🟡 Used Gold Purchase Prices
- 18 Karat: Between 1170 ~ 1220 dinars
- 21 Karat: Between 1290 ~ 1340 dinars
🟡 Selling Prices for Jewelry and Bullion
When You Sell:
- 18K Gold Necklace – 8g weight: 8025 dinars
- 21K Gold Lira – 8g weight: 9360 dinars
- 24K Gold Lira – 14g weight: 18440 dinars
- Dowry Ounce – 30g of 18K gold: 30090 dinars
When You Buy:
- 18K Gold Bullion: 1022 dinars
- Local Silver Bullion: 24.50 dinars
- Rare Turkish Silver Bullion 999.9: 30.25 dinars
- Turkish HAS Silver Bullion 999.9: 29.25
- Swiss Valcambi Silver Bullion 999.9: 30.00
Libyan market
The Libyan market, often referred to locally as a *souq*, is a traditional marketplace central to daily commerce and social life, historically organized by trade with goods like spices, textiles, and crafts. These markets have ancient roots, evolving from caravan trade routes and Ottoman-era bazaars, serving as enduring hubs of Libyan culture and economy.
Turkish HAS Silver Bullion
“Turkish HAS Silver Bullion” refers to investment-grade silver bullion products, typically in bar or coin form, that are produced and guaranteed by the Turkish State Mint (Darphane). These items are part of Turkey’s long tradition of minting, with the State Mint’s history dating back to the Ottoman Empire in the 15th century. They are popular for both investment and as collectibles, representing a modern form of precious metal commerce rooted in a historic institution.
Swiss Valcambi Silver Bullion
Valcambi is a Swiss precious metals refinery and bullion brand, founded in 1961 in Balerna, Switzerland. It is renowned for producing high-quality gold and silver bullion bars and coins, with its Combibar—a divisible silver bar—being a notable innovation. The company operates under strict Swiss standards and is a globally recognized name in the precious metals industry.
