Norway · NOK · January 2026

Gold Price in NorwayJanuary 2026

In January 2026, the gold price in Norway closed at approximately kr46,511 per troy ounce, equivalent to kr17,442 per tola or kr1,495 per gram. This represents a +12.40% change on the month (kr41,379 open → kr46,511 close).

+12.40% on the month

Open

kr41,379

per troy ounce

Close

kr46,511

per troy ounce

High

kr53,191

per troy ounce

Low

kr41,195

per troy ounce

All unit prices at January 2026 close — Norway

UnitWeightClosing NOK price
Troy ounce31.1035 gkr46,511
Gram1.0000 gkr1,495
10 grams10 gkr14,954
Kilogram1,000 gkr1,495,373
Tola11.664 gkr17,442
NOK prices computed from XAU/USD ($4,891.40/oz close) × 2026-end NOK/USD rate (9.5088). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at January 2026 close

KaratPer gramPer tola
24KNORWAY STDkr1,494kr17,425
22Kkr1,370kr15,977
21Kkr1,308kr15,262
18Kkr1,122kr13,082
14Kkr875kr10,204
10Kkr624kr7,273

Daily gold price in NOKJanuary 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 Norway

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 Norway gold market

Norway 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

NOK (kr)

Daily gold price — January 2026, Norway

How Norway 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 NOK/USD exchange rate comes from exchangerate-api.com's 2026 year-end snapshot.

Conversion. Every NOK figure on this page is computed as XAU/USD price × NOK/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 Norway, add the country-specific levies described in the “Norwaygold market” section above.

FAQ — Norway gold price in January 2026

What was the gold price in Norway in January 2026?

In January 2026, gold in Norway opened at kr41,379/oz and closed at kr46,511/oz — a move of +12.40% on the month. Per tola: ≈kr17,442; per gram: ≈kr1,495; per 10g: ≈kr14,954.

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

The 24K gold rate per tola in Norway at the January 2026 close was approximately kr17,442, derived from international XAU/USD spot of $4,891.40/oz times the 2026-end NOK/USD exchange rate of 9.5088. This is pure metal value; final retail rates include local taxes and dealer making charges.

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

Norway's most-quoted retail standard is 24K per gram. At the January 2026 close, that worked out to approximately kr1,494 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

NOK 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 NOK/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 kr figures here represent the international gold spot price converted to NOK at the 2026-end exchange rate. Norway'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 Norway? See live gold prices in Norway 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: Sweden, Denmark, Eurozone, United Kingdom, Switzerland, Iceland.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to NOK 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 Norway before transacting.