Live Gold Rate in Iceland Today — 24K / 22K / 21K / 18K Per Tola & Gram in ISK
Check today's live gold price in Iceland in Icelandic Króna (ISK, kr). Updated every minute — 24 karat, 22 karat, 21 karat and 18 karat gold rates per tola, per gram and per ounce. Reykjavik Laugavegur jewellers gold rates — free, no login required. Investment gold is VAT-exempt in Iceland under EEA rules.
Today's Gold Rate in Iceland — ISK (kr)
| Karat | Per Tola (ISK) | Per Gram (ISK) |
|---|---|---|
| 24 Karat Gold (24K) | kr 209,661 | kr 17,975 |
| 22 Karat Gold (22K) | kr 192,189 | kr 16,477 |
| 21 Karat Gold (21K) | kr 183,453 | kr 15,728 |
| 18 Karat Gold (18K) | kr 157,246 | kr 13,481 |
24 Karat Gold Rate Per Tola in Iceland Today
The 24 karat gold rate per tola in Iceland today is kr 209,661. The 22 karat gold rate per tola is kr 192,189.
Gold Rate Per Gram in Iceland Today
The 24 karat gold rate per gram in Iceland today is kr 17,975. The 18K rate per gram is kr 13,481.
Gold Markets in Iceland
Iceland's gold market is small and concentrated in Reykjavik. Laugavegur — the country's famous main shopping street — hosts the leading gold jewellery boutiques. Major malls Kringlan and Smáralind also carry gold jewellery retailers. Iceland has no domestic gold production and all gold is imported. The country is internationally known for its contemporary Nordic jewellery design tradition. Investment gold bars are VAT-exempt under EEA agreements.
How is Gold Priced in Iceland?
Gold in Iceland is priced per gram in Icelandic Króna (ISK, kr). The ISK is a free-floating currency that can be volatile, particularly during global economic stress events. Since gold is priced globally in USD, ISK volatility directly affects local gold prices in Króna. Investment gold (99.5%+ purity) is VAT-exempt; jewellery carries 24% VAT. Goldify Pro converts international XAU/USD prices to ISK every 60 seconds.