Tripoli | Special Follow-ups- A cautious calm prevails in Libya’s gold markets today, Wednesday, December 31, 2025, coinciding with the closure of the currency market. Local reports indicated slight price fluctuations due to varying supply and demand movements in different cities.
List of Prices for “Scrap” and Cast Gold
Prices for used gold (scrap) recorded close figures today, as follows:
-
18 Karat (Scrap): 880 L.D.
-
21 Karat (Scrap): 1030 L.D.
-
24 Karat (Scrap): 1175 L.D.
-
Cast Gold (24 Karat): 1185 L.D.
Prices for New and Used Gold (Manufacturing Cost)
Prices for ready-made pieces vary based on manufacturing quality, starting from:
| Type |
18 Karat |
21 Karat |
| New Gold |
1065 L.D. and above |
1255 L.D. and above |
| Used Gold |
955 L.D. and above |
1070 L.D. and above |
Gold Bullion and Coins
-
Gold Lira (21 Karat): 8600 Dinars.
-
Ounce (31.103 grams): 41000 Dinars.
-
Parallel Dollar Rate: Stable at 8.75 L.D.
Today’s Silver Market
Silver witnessed price variations based on origin:
-
Silver Bullion (Turkish): Opening between 26,700 and 27,900 Dinars.
-
New Silver: Ranging between 23 to 50 Dinars per gram (depending on local or foreign manufacturing).
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 Red Castle (Assaraya al-Hamra).
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 heritage includes UNESCO World Heritage sites such as the ancient Greek city of Cyrene and the Roman ruins of Leptis Magna.
Turkish
Turkey, officially the Republic of Türkiye, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeastern Europe. Its history spans ancient civilizations like the Hittites, classical empires such as Byzantium, and the powerful Ottoman Empire, which was succeeded by the modern republic founded by Mustafa Kemal Atatürk in 1923. Today, it is known for its unique cultural blend of Eastern and Western influences, historic sites like Hagia Sophia and Ephesus, and vibrant traditions in art, cuisine, and music.
