Gold Price Today in Syria (14K)
Today's 14K gold price in Syria in SYP: the global spot ounce (live median of Binance, Coinbase and Kraken via PAXG/USD) converted to SYP at an hourly FX rate, divided by 31.1035 g and scaled by purity.
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<a href="https://goldpricesarabia.com/en/syria/gold-price/14k"><img src="https://goldpricesarabia.com/charts/gold/syp/1y?lang=en&unit=oz" width="1200" height="630" alt="Gold price chart in Syrian Pound per troy ounce, 1 year" loading="lazy"></a>
<p style="font:12px sans-serif"><a href="https://goldpricesarabia.com/en/syria/gold-price/14k">Source: Gold Prices Arabia</a></p>Browse by Karat
Syria gold market
Syria's gold market runs on 21K jewellery, sold through the souks of Damascus, Aleppo and Homs. The Syrian Pound has lost most of its value since 2011 and the official rate has long diverged from the parallel one jewellers actually price against — so a gram quoted in SYP can differ sharply from a conversion at the central-bank rate. Many transactions are settled in US dollars or by weight rather than by a stated pound figure. The Damascus Chamber of Industry's gold division publishes a daily 21K reference, but in practice each souk carries its own premium, and gold here functions less as jewellery than as the household savings account.
Common questions about 14K gold in Syria
- How is the 14K gold price in Syria calculated?
- The 14K per-gram price in Syria is computed as: spot ounce price (XAU/USD) ÷ 31.1035 g × purity ratio × SYP/USD FX rate. The spot price is sourced from Binance, Coinbase and Kraken via PAXG/USD, refreshed every second.
- Why does the gold price differ between shops in Syria?
- The raw spot price is the same across all shops. Differences come from three factors: (1) making charges (5-30 local units per gram), (2) retailer margin (3-10%), (3) local tax if applicable. The price shown here is the floor reference before any add-ons.
- How often is the Syria gold price updated?
- The spot ounce price refreshes in real time via WebSocket (multiple times per second). The SYP/USD FX rate refreshes hourly from open central-bank data. The table above reflects the latest available price.
Frequently Asked Questions
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