Morocco · MAD · January 2026

Gold Price in MoroccoJanuary 2026

In January 2026, the gold price in Morocco closed at approximately د.م45,481 per troy ounce, equivalent to د.م17,056 per tola or د.م1,462 per gram. This represents a +12.40% change on the month (د.م40,463 open → د.م45,481 close).

+12.40% on the month

Open

د.م40,463

per troy ounce

Close

د.م45,481

per troy ounce

High

د.م52,013

per troy ounce

Low

د.م40,283

per troy ounce

All unit prices at January 2026 close — Morocco

UnitWeightClosing MAD price
Troy ounce31.1035 gد.م45,481
Gram1.0000 gد.م1,462
10 grams10 gد.م14,623
Kilogram1,000 gد.م1,462,254
Tola11.664 gد.م17,056
MAD prices computed from XAU/USD ($4,891.40/oz close) × 2026-end MAD/USD rate (9.2982). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at January 2026 close

KaratPer gramPer tola
24KMOROCCO STDد.م1,461د.م17,039
22Kد.م1,339د.م15,623
21Kد.م1,279د.م14,924
18Kد.م1,097د.م12,792
14Kد.م855د.م9,978
10Kد.م610د.م7,112

Daily gold price in MADJanuary 2026

31 trading days
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January 2026 gold market: Gold opens 2026 near record highs

Bullish

Gold entered 2026 near records with its structural drivers intact (verify).

Gold began 2026 trading near the record highs reached during its historic 2025 run, with its core structural drivers still in place — record central-bank buying, the Federal Reserve's easing cycle, a softer dollar, and elevated geopolitical and trade-policy risk. (DRAFT — verify the month's actual price action and events against primary sources before publishing.)

What drove gold in January 2026

  • record central-bank buying
  • Fed easing cycle
  • softer US dollar
  • geopolitical and trade-policy risk
Themes#central-bank demand#Fed policy#record highs

What happened next

Fill subsequent 2026 months from verified data as each passes.

For gold buyers in Morocco

Gold carried its historic 2025 momentum into 2026 — but verify the latest levels with live data on this site before transacting.

The 2026 gold market: Gold's role in a multi-polar reserve system

2026 finds gold continuing as a structural reserve asset. Central banks remain net buyers. Gold's share of total global reserves has crossed 18 percent — the highest since the 1990s. The post-2022 monetary order, with gold playing a larger role alongside multiple reserve currencies, appears to be consolidating rather than reversing.

Key drivers in 2026

Multi-polar reserve system, central-bank accumulation continuing, AI-era productivity vs monetary expansion debate

The Morocco gold market

Morocco retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

MAD (د.م)

Daily gold price — January 2026, Morocco

How Morocco gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The MAD/USD exchange rate comes from exchangerate-api.com's 2026 year-end snapshot.

Conversion. Every MAD figure on this page is computed as XAU/USD price × MAD/USD rate. We use the year-end exchange rate consistently across all January 2026 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Morocco, add the country-specific levies described in the “Moroccogold market” section above.

FAQ — Morocco gold price in January 2026

What was the gold price in Morocco in January 2026?

In January 2026, gold in Morocco opened at د.م40,463/oz and closed at د.م45,481/oz — a move of +12.40% on the month. Per tola: ≈د.م17,056; per gram: ≈د.م1,462; per 10g: ≈د.م14,623.

What was the 24K gold rate per tola in Morocco in January 2026?

The 24K gold rate per tola in Morocco at the January 2026 close was approximately د.م17,056, derived from international XAU/USD spot of $4,891.40/oz times the 2026-end MAD/USD exchange rate of 9.2982. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Morocco in January 2026?

Morocco's most-quoted retail standard is 24K per gram. At the January 2026 close, that worked out to approximately د.م1,461 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

MAD prices on this page are computed from the verified international XAU/USD spot price for January 2026 (sourced from gold-api.com), multiplied by the 2026-end MAD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The د.م figures here represent the international gold spot price converted to MAD at the 2026-end exchange rate. Morocco's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Morocco? See live gold prices in Morocco with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2026 archive or the USD-only January 2026 page with the country-by-country list at the bottom.

Other markets? Compare January 2026 prices across other major gold-trading countries: Algeria, Egypt, Eurozone, United Kingdom, Saudi Arabia, United Arab Emirates.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to MAD at the 2026-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Morocco before transacting.