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Syrian Arab News Agency (SANA) > Latest News > Economy > Gold prices rise by 200 Syrian pounds in Syria’s local market

Gold prices rise by 200 Syrian pounds in Syria’s local market

Published: 2026/08/03 4:20 PM
Updated: 2026/08/03 4:20 PM
Gold prices rise by 200 Syrian pounds in Syria's local market
Gold jewelry is displayed at a jewelry shop in Damascus following a rise in local gold prices. Photo: SANA.

Damascus, Aug. 3 (SANA) The price of 21-karat gold in Syria’s local market rose by 200 Syrian pounds (SYP) on Monday compared with the previous day’s level, according to the latest pricing bulletin.

The General Directorate for Precious Metals Management said the selling price of one gram of 21-karat gold reached 15,000 SYP, while the buying price stood at 14,700 SYP.

The selling price of 18-karat gold was 12,900 SYP per gram, while the buying price was 12,600 SYP.

The global gold price stood at $4,059 per ounce.

The General Directorate for Precious Metals Management was established in Syria on Feb. 12, 2025, to regulate and develop the gold and precious metals sector, strengthen its role in the national economy and oversee gold pricing mechanisms through goldsmith associations across the country.

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