Average price of gold in Oman increased in 2025

Muscat: The average price of gold of various carats in the Sultanate of Oman increased during 2025, while imports of raw and semi-finished silver recorded remarkable growth, according to data issued by the National Centre for Statistics and Information.

The data showed that the average price of a gram of 24-karat gold reached OMR43.64 during 2025, compared to OMR30.39 in 2024. The average price of a gram of 21-karat gold also rose to OMR37.93, compared to OMR26.3 in the previous year, while the average price of a gram of 18-karat gold reached about OMR32.37, compared to OMR22.39 in 2024.

On a monthly basis, December 2025 recorded the highest average price of a gram of 24-karat gold at OMR52.85, while January came in the lowest price with an average of OMR33.2 per gram.

On the foreign trade side, the Sultanate of Oman’s imports of raw and semi-finished silver increased during 2025 to OMR5.3 million, compared to 648,000 in 2024, with a total weight of 9,765 kilograms. The United Arab Emirates topped the list of countries exporting silver to the Sultanate of Oman.

In contrast, imports of raw and semi-processed gold declined by 15.6 percent during 2025 to reach OMR278.9 million, compared to OMR330.3 million in 2024, with the United Arab Emirates topping the list of exporting countries, followed by the Republic of Sudan.

Regarding exports, the value of gold exported from the Sultanate of Oman decreased during 2025 to OMR98.7 million, compared to OMR189.3 million in 2024, while the United Arab Emirates accounted for the largest share of these exports.

In contrast, Omani exports of silver rose to more than OMR92,000 during 2025, compared to OMR844 in 2024, and were mainly directed to a number of countries, including the United Arab Emirates, Iran and Yemen.

Statistics showed an increase in the number of establishments operating in the trade and industry of gold and jewellery, as the number of specialised retail establishments reached 820 in 2025 compared to 785 in 2024, and the number of establishments manufacturing silver craft products increased to 21 compared to 9.

The total number of workers in gold and silver activities reached 5,313 workers during the year 2025, most of whom were concentrated in the retail activity of gold and jewellery, followed by the activity of gold and silver crafting, while males constituted the largest percentage of the total workers.