1 Ounce Gold Price Analysis in Gambia
Live Analysis: 1 Ounce Gold in Gambia
This page provides a detailed financial breakdown for the 1 Ounce denomination of Gold. As of 09:00 PM on Friday, January 30, 2026, this specific unit is trading at GMDÂ 359,376.
The 1 Ounce is a preferred unit for Gambia's retail investors due to its balance of affordability and liquidity. Unlike larger Kilogram bars (priced at GMDÂ 11,554,191), the 1 Ounce 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 GMDÂ 359,376 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 Gambia, the relevant standard is 22 Karat.
24 Karat (Investment)
Purity: 99.9%
Form: Coins, Bars
Live Rate: GMDÂ 359,376
22 Karat (Jewelry)
Purity: 91.6%
Form: Rings, Chains
Est. Rate: GMDÂ 329,428