Gold prices in Libya recorded a noticeable increase today, Saturday, February 7, 2026, coinciding with the rise in the global price of a gold ounce and the increase of the dollar in the parallel market to 9.10 dinars. This was directly reflected in the prices of scrap, cast, and bullion in the local market.
This rise came after the gold ounce concluded its global trading at the level of $4,966.26, continuing to put pressure on the Libyan market, which relies directly on the movement of the dollar and gold in international markets.
The currency market is experiencing a state of continuous fluctuation, which is clearly reflected in gold prices, as all prices are calculated according to the variable local exchange rate.
Gold Prices in Libya Today
🔸 Gold Scrap
- 18 Karat: 1075 LYD
- 21 Karat: 1254.17 LYD
- 22 Karat: 1313.89 LYD
- 24 Karat: 1433.33 LYD
🔸 Cast Gold
- 18 Karat: 1095 LYD
- 24 Karat: 1453 LYD
🔸 Silver
- High-Karat Cast Silver: 25.00 LYD
- Turkish Silver 999.9 (NADIR): 31.30 LYD
New and Used Gold Prices
👑 New Gold
- 18 Karat: Starting from 1360 LYD
- 21 Karat: Starting from 1550 LYD
💍 Used Gold
Bullion Prices
- 5 Grams: 8055 LYD
- 10 Grams: 15,900 LYD
- 20 Grams: 32,000 LYD
⚠️ Note: Prices are subject to change according to local and global market movements.
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. The country is home to UNESCO World Heritage sites, such as the ancient Greek city of Cyrene and the Roman ruins of Leptis Magna.
dinar
The Dinar is a historical region in Algeria, known for its rugged mountain range that has served as a refuge and stronghold for various Berber communities throughout history. It is most famous for being the heartland of the Almohad Caliphate in the 12th century, a major Berber-led empire that originated in these mountains. The area’s challenging terrain has long shaped its distinct cultural and political identity.
Turkish Silver
“Turkish Silver” refers to the rich tradition of silver craftsmanship in Turkey, particularly associated with historic centers like Istanbul’s Grand Bazaar. This art form flourished during the Ottoman Empire, where artisans created intricate jewelry, utensils, and decorative items, often featuring detailed filigree and engraving. The craft continues today, blending centuries-old techniques with contemporary designs.
