• January 12, 2026
  • libyawire
  • 0

Tripoli | Gold markets in Libya witnessed a historic and unprecedented surge in prices today, Saturday, January 10, 2026, affecting all karats and types. The record-breaking prices were driven by two main factors: the first is the rise of the US dollar exchange rate in the parallel market, and the second is global trading prices for an ounce surpassing the $4,500 barrier.

1. List of Prices for “Scrap” and Cast Gold

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

Gold Type Price per Gram (L.D.)
18K Scrap Gold 944
21K Scrap Gold 1,101.33
22K Scrap Gold 1,153.77
24K Scrap Gold 1258.66
18K Cast Gold 953
24K Cast Gold 1268

2. Prices for “New” and Used Gold

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

  • New Gold (18K): Ranges between 1,100 – 1,150 L.D.

  • New Gold (21K): Ranges between 1,300 – 1,350 L.D.

  • Used Gold (18K): Ranges between 990 – 1,020 L.D.

  • Used Gold (21K): Ranges between 1,105 – 1,155 L.D.

3. Bullion, Coins, and Silver

  • Global Ounce (31.103 grams): 42,505 L.D.

  • 5-gram Bar: 6,800 L.D.

  • 10-gram Bar: 13,800 L.D.

  • Turkish Silver Bars (Opening): From 26,900 to 27,300 L.D.

  • New Silver per Gram: (Foreign 45–60 L.D.) | (Local 30–32 L.D.).

  • Local Cast Silver: 22.50 L.D. per gram.

Notice for Followers: Please note that these prices are subject to sudden and immediate change due to fluctuations in the parallel market and global stock exchange screens. It

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, serving as a major port and cultural crossroads. Its historic core, the medina of Old Tripoli, contains well-preserved examples of its diverse architectural heritage.

Libya

Libya is a North African country with a rich history rooted in ancient civilizations such as the Phoenicians and Romans, later becoming a center of Arab and Islamic culture. In the modern era, it was an Italian colony before gaining independence in 1951, followed by Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. The country is home to UNESCO World Heritage Sites like the ancient Greek city of Cyrene and the Roman ruins of Leptis Magna.

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.

Turkish Silver Bars

Turkish silver bars, often referred to as “Turkish Republic Gold and Silver Bars,” are investment-grade bullion produced by the Istanbul Gold Refinery with the backing of the Turkish government. Their history is tied to Turkey’s modern economic policies, particularly efforts since the late 20th century to promote domestic savings and provide a secure, state-guaranteed precious metal asset for investors. These bars are a recognized form of wealth preservation and a popular alternative to gold within the country.

Leave a Reply

Your email address will not be published. Required fields are marked *