Gold prices in Libya recorded a noticeable increase today, Sunday, February 8, 2026, coinciding with the rise in the global gold ounce price and the increase of the dollar in the parallel market to 9.12 dinars. This directly impacted the prices of scrap, cast, and bullion in the local market.
This rise came after the gold ounce concluded its global trading at $4,966.26, continuing to exert 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 – Scrap
- 18-karat scrap: 1073 LYD
- 21-karat scrap: 1251.8 LYD
- 22-karat scrap: 1311.4 LYD
- 24-karat scrap: 1430.6 LYD
Cast Gold
- 18-karat cast: 1083 LYD
- 24-karat cast: 1440 LYD
New Gold
- 18-karat: from 1360 LYD and above
- 21-karat: from 1550 LYD and above
Used Gold
- Buying 18-karat: 1180 – 1240 LYD
- Buying 21-karat: 1300 – 1360 LYD
Prices are for cash; they typically increase by about 150 dinars when paying by card or check.
Gold Bullion
- 5 grams: 8055 LYD
- 10 grams: 15900 LYD
- 20 grams: 32000 LYD
Silver Prices
- New foreign silver: 60 – 90 LYD
- New local silver: 35 – 40 LYD
Prices vary by merchant and purity.
When Selling – Gold
- 18-karat gold piece, 8 grams: 8624 LYD
- 21-karat gold lira, 8 grams: 10060 LYD
- 24-karat gold lira, 14 grams: 19820 LYD
- Dowry ounce (30 grams, 18-karat): 32340 LYD
