Morocco · MAD · September 2026

Gold Price in MoroccoSeptember 2026

In September 2026, the gold price in Morocco closed at approximately د.م41,632 per troy ounce, equivalent to د.م15,612 per tola or د.م1,339 per gram. This represents a -1.75% change on the month (د.م42,376 open → د.م41,632 close).

-1.75% on the month

Open

د.م42,376

per troy ounce

Close

د.م41,632

per troy ounce

High

د.م42,843

per troy ounce

Low

د.م41,004

per troy ounce

All unit prices at September 2026 close — Morocco

UnitWeightClosing MAD price
Troy ounce31.1035 gد.م41,632
Gram1.0000 gد.م1,339
10 grams10 gد.م13,385
Kilogram1,000 gد.م1,338,504
Tola11.664 gد.م15,612
MAD prices computed from XAU/USD ($4,383.90/oz close) × 2026-end MAD/USD rate (9.4966). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at September 2026 close

KaratPer gramPer tola
24KMOROCCO STDد.م1,337د.م15,597
22Kد.م1,226د.م14,301
21Kد.م1,171د.م13,661
18Kد.م1,004د.م11,709
14Kد.م783د.م9,133
10Kد.م558د.م6,510

Daily gold price in MADSeptember 2026

21 trading days
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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 — September 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 September 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 September 2026

What was the gold price in Morocco in September 2026?

In September 2026, gold in Morocco opened at د.م42,376/oz and closed at د.م41,632/oz — a move of -1.75% on the month. Per tola: ≈د.م15,612; per gram: ≈د.م1,339; per 10g: ≈د.م13,385.

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

The 24K gold rate per tola in Morocco at the September 2026 close was approximately د.م15,612, derived from international XAU/USD spot of $4,383.90/oz times the 2026-end MAD/USD exchange rate of 9.4966. 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 September 2026?

Morocco's most-quoted retail standard is 24K per gram. At the September 2026 close, that worked out to approximately د.م1,337 (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 September 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 September 2026 page with the country-by-country list at the bottom.

Other markets? Compare September 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.