10 Grams Gold Price Analysis in Faroe Islands
Live Analysis: 10 Grams Gold in Faroe Islands
This page provides a detailed financial breakdown for the 10 Grams denomination of Gold. As of 09:01 PM on Friday, January 30, 2026, this specific unit is trading at FOKÂ 9,706.
The 10 Grams is a preferred unit for Faroe Islands's retail investors due to its balance of affordability and liquidity. Unlike larger Kilogram bars (priced at FOKÂ 970,640), the 10 Grams can be easily liquidated at almost any jewelry shop in the country for immediate cash, making it an ideal emergency fund vehicle.
Purity Standards: 24K vs 22K
The benchmark rate of FOKÂ 9,706 shown above refers to 24 Karat (99.9%) Fine Gold. This is the purity used for investment biscuits and coins. However, for jewelry buyers in Faroe Islands, the relevant standard is 22 Karat.
24 Karat (Investment)
Purity: 99.9%
Form: Coins, Bars
Live Rate: FOKÂ 9,706
22 Karat (Jewelry)
Purity: 91.6%
Form: Rings, Chains
Est. Rate: FOKÂ 8,898