Buy Gold Morocco

Market overview. Moroccan jewellers sell 18K, the only gold standard authorised for sale, and gold is central to weddings and family heirlooms. Prices are quoted per gram in dirhams. The dirham is managed against a basket of the euro and the US dollar, so dirham gold prices follow the world price with some influence from the euro.

Where to buy. Traditional jewellers trade in the medinas of Fes, Marrakech and Casablanca, and modern jewellers in the big cities sell at fixed prices. In the souks the making charge ("façon") is usually negotiable, while the gold value follows the world price. Ask for an invoice that shows the weight, karat and making charge.

Hallmarks and checks. Look for the official guarantee hallmark showing the purity (750 for 18K) and the maker's mark, and buy from shops with a permanent address.

Exchange rate. The dirham prices on this page use a daily mid-market exchange rate from an open-source currency feed.

Working out a fair price. The 18K spot equivalent is the value of the gold itself; the shop's price adds the making charge and any tax. Compare the making charge for similar pieces at a few shops.