Today, gold costs 3,017.54 Surinamese Dollars (SRD) per gram in Suriname. This rate was updated on 30-Nov-2024 at 05:14:01 am (Paramaribo time). Buying 10 grams of 24K gold will set you back SRD 23,270. A single tola (11.66 grams) is priced at SRD 27,133.
The price of gold in Suriname changes a lot. This is because of what happens in the international market and how the currency changes. These factors make the price of gold in Suriname very unpredictable and always changing.
Key Takeaways
- The current gold price per gram in Suriname is 3,017.54 Surinamese Dollars (SRD).
- The price for 10 grams of 24K gold is SRD 23,270, and a single tola (11.66 grams) costs SRD 27,133.
- Gold prices in Suriname are influenced by international market trends and currency exchange rates, leading to high volatility.
- Accessing live gold rates and monitoring price changes can help you make informed purchasing decisions.
- Understanding the factors that impact gold prices in Suriname is crucial for effective investment strategies.
Understanding Gold Prices in Surinamese Dollar (SRD)
To understand gold prices in Suriname, we need to look at the market exchange rates. The exchange rate is 1 USD to 35.41 SRD. This rate affects how much gold bullion costs in Suriname.
Current Market Exchange Rates
The Surinamese dollar (SRD) has seen big changes in value. The rate has swung between 30 to 40 SRD per US dollar. This change in the currency market affects gold and other commodity prices.
Factors Affecting Local Gold Prices
Gold prices in Paramaribo are influenced by global and local factors. International trends, like supply and demand, and local economic conditions play a big role. The value of the Surinamese dollar, inflation, and gold exports also impact prices.
Daily Price Updates and Tracking
It’s important to watch the daily changes in the Surinamese gold market. The current gold price is 3,017.54 SRD per gram. The market is very volatile, showing big price swings.
| Gold Purity | Price per Ounce (SRD) | Price Change (%) |
|---|---|---|
| 24-Karat | 93,858.13 | +0.006% |
| 23-Karat | 89,947.37 | +0.006% |
| 22-Karat | 86,036.61 | +0.005% |
| 21-Karat | 82,125.86 | +0.005% |
| 18-Karat | 70,393.59 | +0.004% |
Latest Gold Rates Per Gram in Suriname
The current gold rates per gram in Suriname show the latest prices. Today, the rates are as follows:
- 24K gold: 3,017.51 SRD per gram
- 22K gold: 2,766.08 SRD per gram
- 18K gold: 2,263.15 SRD per gram
Gold rates in Suriname change every day. The latest update shows no change (0%) from yesterday. The gold rates Suriname and price of gold in Suriname are watched closely by investors and buyers. They help understand the local market.
The price of 24K gold in Suriname is about $85.24 USD, €80.58 EUR, or £66.95 GBP. Including making charges, 1 gram of 24K gold costs around 3,082.51 Surinamese Dollars.
The price of gold in Suriname can change for many reasons. These include global trends, currency rates, and local demand. Keeping up with gold rates helps when investing or buying gold in Suriname.
Gold Price Variations by Karat in Paramaribo
In Paramaribo, Suriname, gold prices change with the karat. The purest, 24K gold, costs 3,017.54 Surinamese Dollars (SRD) per gram. 22K gold, a favorite, is priced at 2,766.08 SRD per gram.
The Surinamese gold market has more than just 24K and 22K gold. You can also find:
- 23K gold at 2,891.81 SRD per gram
- 21K gold at 2,640.35 SRD per gram
- 18K gold at 2,263.15 SRD per gram
- 14K gold at 1,760.23 SRD per gram
- 10K gold at 1,257.31 SRD per gram
These prices show the difference in gold content and purity. This lets buyers in Suriname choose the best quality for their money.
| Karat | Price per Gram (SRD) |
|---|---|
| 24K | 3,017.54 |
| 23K | 2,891.81 |
| 22K | 2,766.08 |
| 21K | 2,640.35 |
| 18K | 2,263.15 |
| 14K | 1,760.23 |
| 10K | 1,257.31 |
The Surinamese gold market offers many karat choices. This helps buyers find the right gold for their budget and taste.
Price of Gold in Suriname: Market Trends and Analysis
The price of gold in Suriname is very interesting to investors and buyers. The gold prices in Suriname have changed a lot lately. This shows how fast and changing the gold market can be.
The price of 24K gold in Suriname is now 3,017.54 SRD per gram. This price has stayed the same recently. But, the price has changed a lot in the past few weeks, going from -3.2% to +2.2%.
Many things can cause these price changes. These include the world’s economy, how much gold is available, and new rules in the Surinamese gold market. People in Suriname who buy or sell gold need to watch these changes closely.
To really understand gold prices in Suriname, we need to look at the big picture. We should know what affects gold prices in our area. By keeping up with market news, we can make smart choices about gold.
“The price of gold in Suriname is a barometer of the country’s economic stability and its position in the global commodity markets.”
The gold market in Suriname is always changing. It’s important for everyone involved to stay informed and active. By watching gold prices in Suriname, we can make choices that help the gold market grow and stay strong.
| Period | Price Change (%) |
|---|---|
| Past Week | -3.2% |
| Past 2 Weeks | +2.2% |
| Past Month | 0% |
The table shows how gold prices in Suriname have changed recently. It shows how fast and unpredictable these changes can be. This information helps us understand the gold market better and make better choices.
Gold Trading Hours and Market Operations
The gold trading in Suriname has its own rules. The Surinamese gold market works with the America Paramaribo time zone. This helps it connect well with the world’s financial systems.
Peak Trading Times
The busiest times for gold trading in Suriname are early morning. The last price updates are around 05:14:01 am. This timing helps the local market keep up with the global gold market.
Market Volatility Periods
The Surinamese gold market is always changing. It has “Very High” volatility, meaning prices can change a lot. This makes it important for traders to be careful and manage risks well.
The gold trading in Suriname is complex and always changing. Knowing when it’s busy and when prices can change helps investors and traders. They can use these times to their advantage and stay safe.
Weight Units and Price Conversions
When looking at the price of gold in Suriname, it’s key to know the weight units. These units help show the price of gold. Each unit has its own special conversion.
For 24-karat gold, the current market rates are as follows:
- 1 ounce (oz) = 93,858.12 Surinamese Dollars (SRD)
- 1 gram (g) = 3,017.54 SRD
- 1 kilogram (kg) = 3,017,604.40 SRD
- 1 tola = 35,196.80 SRD
For 22-karat gold, the prices are:
- 1 ounce (oz) = 86,036.62 SRD
- 1 gram (g) = 2,766.08 SRD
- 1 kilogram (kg) = 2,766,137.43 SRD
It’s important to know these weight-based price conversions. This is true for investors, jewelry makers, and anyone in the gold rates Suriname market. By understanding these units and values, you can make smart choices. You can also track the price of gold in Suriname accurately.
“Knowing the intricacies of gold pricing in Suriname empowers you to navigate the market with confidence and make the most informed decisions.”
Historical Gold Price Performance in Suriname
The gold market in Suriname has seen ups and downs in prices. Gold prices have ranged from -3.2% to +2.2% in short times. The prices have gone up and down, with the biggest drop being -98.33 SRD (-3.2%) and the biggest gain being +63.35 SRD (+2.2%) per gram for 24-karat gold.
Monthly Price Trends
The gold market in Suriname is very changeable. Prices change every month. This shows how the local market is always moving.
Annual Performance Analysis
Gold investments in Suriname have seen ups and downs over the years. While the trend is mostly positive, there have been big drops and then rises. This shows why it’s important to watch the market closely and make smart choices.
Price Fluctuation Patterns
The Surinamese gold market has shown different patterns in price changes. These changes are due to many things like the world economy, local demand, and government actions. Knowing these patterns helps investors make better choices in the gold market.
| Quantity | Gold Price in SRD |
|---|---|
| 1 Gram | 3,017.54 |
| 5 Grams | 15,087.69 |
| 10 Grams | 30,175.39 |
| 100 Grams | 301,753.87 |
“Investing in gold in Suriname can be a valuable diversification strategy for investors, but it requires a deep understanding of the local market dynamics and historical performance trends.”
Gold Investment Options in Surinamese Market
If you’re thinking about gold investment in Suriname, you have many choices. The local market has gold products like physical gold in different karats and weights. Right now, 24K gold costs 3,017.54 SRD per gram, and 22K gold is 2,766.08 SRD per gram.
When you look at gold investment Suriname, some things matter. Gold is valuable and can protect against inflation. Its price can change based on demand for jewelry and industrial use.
Things like mining, world events, and bank policies can also affect gold prices. Buying gold Suriname can help diversify your investments. It’s a safe choice during tough times and is easy to sell. But, gold prices can change a lot, and you need to think about keeping it safe.
It’s important to watch your gold investments closely. Use news sites, tools, and apps to keep up with how they’re doing. Knowing about fees for buying and selling gold is also key, as these can affect your profits.
Whether you want physical gold, ETFs, futures, or mining stocks, Suriname has many gold investment Suriname choices. Do your homework, talk to advisors, and stay current with gold market news.
“Gold has been a valuable and sought-after investment asset for centuries, appreciated for its intrinsic value and various uses, including in jewelry, technology, and as a store of value.”
Buying and Selling Gold in Paramaribo
In Paramaribo, the capital of Suriname, it’s key to deal with gold dealers you can trust. The price for 24K gold is 3,017.54 Surinamese Dollars (SRD) per gram. For 22K gold, it’s 2,766.08 SRD per gram.
For a safe and easy deal, you’ll need some papers. You’ll need to show your ID, like a government ID. You might also need papers about where your money came from, especially for big deals.
Trusted Gold Dealers in Paramaribo
Finding gold dealers in Suriname can be hard. But, good dealers in Paramaribo can help a lot. Look for dealers with a good name, licenses, and clear prices. A good dealer can help you know the latest gold prices and get the best deals when buying gold in Suriname.
Documentation Requirements
The papers you need for gold dealers in Suriname depend on the deal and laws. Usually, you’ll need:
- Government-issued identification (e.g., passport, national ID card)
- Proof of address (utility bill, bank statement, or rental agreement)
- For big deals, papers about where your money came from (e.g., bank statements, income statements)
Knowing what papers you need and working with good dealers makes buying gold in Suriname easy. You’ll have a smooth experience.
Understanding Gold Purity Standards
In Suriname, gold purity is very important. The gold there is usually 92 to 93 percent pure. This shows the high quality of Suriname’s gold.
Gold is measured in karats, from 1 to 24. 24 karats is 99.999% pure gold. In Suriname, you’ll find 18K, 14K, and 10K gold jewelry.
18K gold is 75% pure, 14K is 58.33% pure, and 10K is 41.7% pure. 24K gold is the most expensive but soft. To make gold stronger, they mix it with metals like nickel and copper.
Looking for hallmark stamps on jewelry helps you know its purity. These stamps show the gold’s karat level. Knowing this helps Surinamese people buy gold wisely.
| Gold Karat | Purity Percentage | Characteristics |
|---|---|---|
| 24K | 99.999% | Purest form, soft and malleable |
| 18K | 75% | Durable and widely used for jewelry |
| 14K | 58.33% | Moderately durable, more affordable |
| 10K | 41.7% | Least expensive, suitable for everyday wear |
Gold is a big part of Suriname’s economy. From 2016 to 2020, gold exports averaged $1.494.610 million USD yearly. Knowing about Suriname precious metals and gold purity Suriname is key for everyone.
Gold Market Regulations in Suriname
Suriname is growing in the gold trade. It has rules and guidelines for the gold market. These rules help both local and international traders and investors.
Legal Framework
The Ministry of Natural Resources and the Central Bank of Suriname regulate gold trade. They license gold traders and check big deals. They also fight money laundering.
Suriname works with the Caribbean Financial Action Task Force (CFATF). This group helps fight financial crimes in the Caribbean.
Trading Guidelines
Gold traders in Suriname must follow rules. They need to keep good records and report strange activities. They also need permits and licenses.
The government of Suriname gives tax breaks for mining. This includes no import duties and faster depreciation. It helps make legal gold trading better.