Gold Price in Somalia per Ounce

1 Gold Ounce = 1,507,141.82 Somali Shilling

The following table shows the latest gold price in Somalia in Somali Shilling (SOS) per Ounce. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).

Gold prices per Ounce are converted from USD to Somali Shilling according to the latest exchange rates where 1 USD = 571.58 Somali Shilling.

Ounce is a unit for weighing gold used in Jewelleries in Somalia. Today, Tuesday 19 November 2024 in Somalia, 1 Ounce of gold = 1,507,141.82 Somali Shilling.

Commonly Used Gold Ounce Karats in Somalia

Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.

The following are commonly used Ounce karats in Somalia as well as other countries:

• Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Tuesday 19 November 2024, the current price of gold Ounce 24K in Somalia is 1,505,634.68 Somali Shilling.
• Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Tuesday 19 November 2024, the current price of gold Ounce 22K in Somalia is 1,380,541.91 Somali Shilling.
• Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Tuesday 19 November 2024, the current price of gold Ounce 21K in Somalia is 1,318,749.09 Somali Shilling.
• Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Tuesday 19 November 2024, the current price of gold Ounce 18K in Somalia is 1,130,356.37 Somali Shilling.
• Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Tuesday 19 November 2024, the current price of gold Ounce 14K in Somalia is 881,677.97 Somali Shilling.
• Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Tuesday 19 November 2024, the current price of gold Ounce 12K in Somalia is 753,570.91 Somali Shilling.
• Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Tuesday 19 November 2024, the current price of gold Ounce 10K in Somalia is 628,478.14 Somali Shilling.
• Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Tuesday 19 November 2024, the current price of gold Ounce 9K in Somalia is 565,178.18 Somali Shilling.
• Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Tuesday 19 November 2024, the current price of gold Ounce 8K in Somalia is 501,878.23 Somali Shilling.