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Gold Rate in Muscat Today (17 October 2026) — 18K, 22K (916 KDM) & 24K

Today’s prices

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Updated: 18 Oct 2026, 01:04
22K Gold
-OMR 0.15 (-0.30%)
OMR 50.00 / g
10g: OMR 500.00
24K Gold
-OMR 0.15 (-0.28%)
OMR 53.30 / g
10g: OMR 533.00
18K Gold
-OMR 0.10 (-0.24%)
OMR 40.90 / g
10g: OMR 409.00

Today's Gold Price by Weight

Weight22K (916)24K (999)18K (750)
1 gramOMR 50.00OMR 53.30OMR 40.90
8 gramsOMR 400.00OMR 426.40OMR 327.20
10 gramsOMR 500.00OMR 533.00OMR 409.00
1 Tola (11.664g)OMR 583.20OMR 621.69OMR 477.06
100 gramsOMR 5,000.00OMR 5,330.00OMR 4,090.00

Disclaimer: Rates are indicative and may vary by jeweller. Making charges and local taxes may apply.

Market Analysis

Today's gold rate in Muscat is OMR 50.00 per gram for 22k gold. The price has decreased by 0.30% compared to yesterday. Over the last 30 days, the highest recorded rate was OMR 50.35 on 12 October and the lowest was OMR 49.10 on 15 October. The market has shown moderate volatility of 2.55% this month.

Gold Investment Guide for Muscat

Digital Gold vs Physical Gold
In Muscat, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Muscat.
3. Ensure the invoice includes the HUID code for buyback assurance.

Live Gold Price Trends in Muscat per Gram

As of 17 October 2026, the gold rate in Muscat is OMR 53.30/gram (24K pure) and OMR 50.00/gram (22K hallmark jewelry gold). The 18K rate — popular for diamond-studded jewelry — stands at OMR 40.90/gram. Over the last 10 days, 22K gold in Muscat moved between a low of OMR 49.10 and a high of OMR 50.35 per gram (1.72% change). All prices are updated 6× daily from the MCX benchmark. Rates are sourced from the MCX benchmark and IBJA daily announcements. Use our free gold calculator to plan your purchase or investment.

Muscat gold rate today (17 October 2026): 22K (916 KDM) OMR 50.00/g & 24K OMR 53.30/g. Updated 6× daily. 10-day trend + free calculator.

Trend

Trend graph
Low: OMR 49.10 • High: OMR 50.35
OMR 50.54OMR 50.13OMR 49.73OMR 49.32OMR 48.9108 October 202617 October 2026
DatePrice / gChange / g
17 October 2026OMR 50.15+OMR 0.35 (+0.70%)
16 October 2026OMR 49.80+OMR 0.70 (+1.43%)
15 October 2026OMR 49.10-OMR 1.10 (-2.19%)
14 October 2026OMR 50.20+OMR 0.20 (+0.40%)
13 October 2026OMR 50.00-OMR 0.35 (-0.70%)
12 October 2026OMR 50.35OMR 0.00 (+0.00%)
11 October 2026OMR 50.35+OMR 0.15 (+0.30%)
10 October 2026OMR 50.20+OMR 0.65 (+1.31%)
09 October 2026OMR 49.55+OMR 0.25 (+0.51%)
08 October 2026OMR 49.30-OMR 0.80 (-1.60%)

Gold Rate in Other Cities

FAQ

How is the gold rate in Muscat determined?

The gold rate in Muscat is influenced by international market prices, the USD to INR exchange rate, and local import duties. Additionally, local jewelry associations in Muscat may adjust rates based on local demand and supply factors.

Is today a good time to buy gold in Muscat?

Gold is a hedge against inflation. If the current live rate in Muscat is lower than the 10-day average, it might be a good entry point. Always check our live 17 October 2026 prices before visiting a jeweler.

What is the difference between 22K and 24K gold in Muscat?

24K gold is 99.9% pure and used for investment bars. 22K gold contains 91.6% gold mixed with other metals to make it durable enough for jewelry. The price of 24K is always higher than 22K in Muscat.

Are gold rates the same across all jewelers in Muscat?

While the base gold rate remains similar, the final price varies due to making charges and wastage fees, which differ from one jewelry showroom to another in Muscat.

Does Muscat have a specific tax on gold?

Gold purchases in Muscat, like the rest of India, attract a standard 3% GST on the value of the gold and the making charges.