Tripoli | The gold markets in Libya began the first day of the new year, Thursday, January 1, 2026, with a noticeable decline across all categories. This drop is directly attributed to the decrease in the exchange rate of the dollar in the parallel market, along with minor fluctuations resulting from variations in supply and demand movements between Libyan cities.
1. Prices of “Scrap” and Cast Gold Today
Prices for used (scrap) and cast gold recorded a new decline, with the prices as follows:
| Type | Price per Gram (L.D) |
| 18-karat scrap gold | 874 |
| 21-karat scrap gold | 1020 |
| 24-karat scrap gold | 1168 |
| 18-karat cast gold | 883 |
| 24-karat cast gold | 1178 |
2. Purchase Prices for Gold (New and Used)
The prices for “workmanship” are influenced by the quality of design and origin, with today’s market averages as follows:
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New Gold (18-karat): Ranges between 1065 – 1115 L.D.
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New Gold (21-karat): Ranges between 1250 – 1300 L.D.
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Used Gold (18-karat): Ranges between 950 – 980 L.D.
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Used Gold (21-karat): Ranges between 1050 – 1110 L.D.
3. Bullion, Coins, and Silver
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Ounce (31.103 grams): 41,000 L.D
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 sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.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 center, the medina, features well-preserved architecture from these various eras.
