Morocco · MAD · July 2026
Gold Price in Morocco — July 2026
In July 2026, the gold price in Morocco closed at approximately د.م39,689 per troy ounce, equivalent to د.م14,884 per tola or د.م1,276 per gram. This represents a -0.18% change on the month (د.م39,759 open → د.م39,689 close).
Open
د.م39,759
per troy ounce
Close
د.م39,689
per troy ounce
High
د.م40,613
per troy ounce
Low
د.م38,845
per troy ounce
All unit prices at July 2026 close — Morocco
| Unit | Weight | Closing MAD price |
|---|---|---|
| Troy ounce | 31.1035 g | د.م39,689 |
| Gram | 1.0000 g | د.م1,276 |
| 10 grams | 10 g | د.م12,760 |
| Kilogram | 1,000 g | د.م1,276,026 |
| Tola | 11.664 g | د.م14,884 |
Karat-purity breakdown at July 2026 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KMOROCCO STD | د.م1,275 | د.م14,869 |
| 22K | د.م1,169 | د.م13,633 |
| 21K | د.م1,117 | د.م13,023 |
| 18K | د.م957 | د.م11,163 |
| 14K | د.م746 | د.م8,707 |
| 10K | د.م532 | د.م6,206 |
Daily gold price in MAD — July 2026
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 — July 2026, Morocco
د.م39,759
$4,113.90/oz
د.م40,035
$4,142.40/oz
د.م40,533
$4,193.90/oz
د.م40,361
$4,176.10/oz
د.م40,613
$4,202.20/oz
د.م40,605
$4,201.40/oz
د.م40,402
$4,180.40/oz
د.م39,960
$4,134.70/oz
د.م40,002
$4,139.00/oz
د.م39,958
$4,134.40/oz
د.م39,832
$4,121.40/oz
د.م39,832
$4,121.40/oz
د.م39,538
$4,091.00/oz
د.م39,625
$4,100.00/oz
د.م39,440
$4,080.80/oz
د.م39,257
$4,061.90/oz
د.م38,897
$4,024.70/oz
د.م38,845
$4,019.30/oz
د.م38,845
$4,019.30/oz
د.م39,023
$4,037.70/oz
د.م39,499
$4,087.00/oz
د.م40,266
$4,166.30/oz
د.م40,014
$4,140.20/oz
د.م39,457
$4,082.60/oz
د.م39,178
$4,053.70/oz
د.م39,604
$4,097.80/oz
د.م39,790
$4,117.10/oz
د.م39,378
$4,074.40/oz
د.م39,767
$4,114.70/oz
د.م39,815
$4,119.70/oz
د.م39,689
$4,106.60/oz
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 July 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 July 2026
What was the gold price in Morocco in July 2026?
In July 2026, gold in Morocco opened at د.م39,759/oz and closed at د.م39,689/oz — a move of -0.18% on the month. Per tola: ≈د.م14,884; per gram: ≈د.م1,276; per 10g: ≈د.م12,760.
What was the 24K gold rate per tola in Morocco in July 2026?
The 24K gold rate per tola in Morocco at the July 2026 close was approximately د.م14,884, derived from international XAU/USD spot of $4,106.60/oz times the 2026-end MAD/USD exchange rate of 9.6647. 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 July 2026?
Morocco's most-quoted retail standard is 24K per gram. At the July 2026 close, that worked out to approximately د.م1,275 (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 July 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 July 2026 page with the country-by-country list at the bottom.
Other markets? Compare July 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.