🇲🇦Gold Rate in Settat Today
The gold rate in Settat today is MAD32,216 per troy ounce for 18K, based on an international spot price of $4,641.30 per troy ounce. That is up MAD415.78 from the previous close. This is the international spot price converted into MAD for Settat. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Morocco's larger markets, with a population of around 155,333. The MAD has weakened 0.497% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Gold rate in Settat — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MAD1,381 | MAD1,266 | MAD1,208 | MAD1,036 | MAD805.60 |
| 1 Troy Ounce (31.1035 g) | MAD42,955 | MAD39,375 | MAD37,586 | MAD32,216 | MAD25,057 |
| 1 Kilogram (1,000 g) | MAD1,381,032 | MAD1,265,946 | MAD1,208,403 | MAD1,035,774 | MAD805,602 |
All figures in MAD (Dirham). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Gold rate in Settat — questions
What is the gold rate in Settat today?
The gold rate in Settat today is MAD32,216 per troy ounce for 18K, and MAD42,955 per troy ounce for 24K. These are live figures converted from international spot at the current MAD exchange rate.
What is the price of 1 gram of gold in Settat?
One gram of 24K gold costs MAD1,381 in Settat, and 22K costs MAD1,266 per gram. 18K works out at MAD1,036.
Why is 22K cheaper than 24K in Settat?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is MAD115.09 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Settat different from other cities?
The underlying metal price is identical everywhere in Morocco — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.