Welcome to the live gold price updates for Eswatini (Swaziland)! As of 30-Nov-2024 at 10:14:01 am (Mbabane time), the current gold price per gram in Eswatini is 1,536.68 Swazi Lilangenis (SZL). This is for 24-karat gold. The gold market in Eswatini is very unstable.
The day’s highest price was 1,545.71 SZL per gram. The lowest was 1,526.79 SZL per gram.
Key Takeaways
- The current gold price per gram in Eswatini (Swaziland) is 1,536.68 Swazi Lilangenis (SZL).
- The market volatility status is categorized as very high.
- Today’s highest price is 1,545.71 SZL per gram, and the lowest price is 1,526.79 SZL per gram.
- The price fluctuation today is 18.90 SZL.
- Live gold price updates are provided for Eswatini’s gold market.
Current Gold Rates in Eswatini
Eswatini, once Swaziland, has a lively gold market. It shows live prices that change with the world. People and investors get updates on gold’s value in real time.
Live Price Updates and Market Status
Today, 22K gold in Eswatini costs 1,408.63 Swazi Lilangeni (SZL) per gram. The market is very unstable. Prices change a lot during the day.
Today’s High and Low Prices
The highest gold price today is 1,416.90 SZL per gram. The lowest was 1,399.56 SZL per gram. These prices show how fast Eswatini gold rates can change. It’s key to keep up with gold market status and gold price fluctuations.
Market Volatility Overview
The gold price fluctuations in Eswatini are big. Today, the price changed by -0.000 SZL (-0%). This shows why it’s important to be careful and informed when dealing with Eswatini gold rates and investing in gold.
“The gold market in Eswatini shows the world’s economy. Prices change with supply, demand, and how people feel about investing.”
Understanding Gold Prices by Weight Units
Gold prices in Eswatini come in different weight units. Each unit has its own value. Knowing these units helps you make smart choices when buying or selling gold.
One ounce of gold costs 47,797.26 Swazi Lilangeni (SZL) in Eswatini. A kilogram of gold is much pricier at 1,536,715.36 SZL. If you like the tola unit, a single tola costs 17,923.97 SZL.
For a finer view, 1 gram of 24-karat gold is 1,536.68 SZL. These prices were updated on November 30, 2024. Always check the latest rates before buying.
| Gold Unit | Price in Swazi Lilangeni (SZL) | Price in U.S. Dollars (USD) |
|---|---|---|
| 1 Ounce | 47,797.26 | 2,800.00 |
| 1 Kilogram | 1,536,715.36 | 90,000.00 |
| 1 Tola | 17,923.97 | 1,050.00 |
| 1 Gram | 1,536.68 | 90.00 |
These prices are for 24-karat gold. The real cost can change based on karat value, market, and making charges. Knowing about gold pricing helps you get the best deal in Eswatini.
Gold Price in Eswatini (Swaziland): Market Analysis
The gold market in Eswatini is very changeable. This shows how complex the country’s gold scene is. The USD to SZL exchange rate, at 1 USD = 18.03 SZL, greatly affects gold prices in Eswatini.
Price Trends and Patterns
In the last year, gold prices in Eswatini have moved a lot. Prices have changed by -0.3% to +1.8% each day. This shows how sensitive the market is to global and local changes.
Currency Exchange Impact
The USD-SZL exchange rate has a big effect on gold prices in Eswatini. When the Swazi lilangeni (SZL) changes against the US dollar, it changes how much gold costs in Eswatini.
Market Factors Affecting Gold Rates
Many things affect gold prices in Eswatini. These include global economic conditions, local demand, and international gold prices. These factors work together to shape gold’s performance in Eswatini.
In 2023, the Swaziland Precious Metal Market was very focused, with an HHI of 10,000. This, along with the country’s gold reserves, gives us a better understanding of the Eswatini gold market.
“The Eswatini gold market is a complex and dynamic landscape, reflecting the intricate interplay of global, regional, and local factors that shape the value and demand for this precious commodity.”
Different Karat Values and Their Prices
In Eswatini, gold’s purity level in karats affects its price. The higher the karat, the purer the gold, and the pricier it is. Let’s explore the various karat values and their prices.
24-karat gold is the purest, costing SZL 1,536.68 per gram. It’s 99.9% pure. Then, 22-karat gold costs SZL 1,408.63 per gram, with 91.7% purity. 21-karat gold, priced at SZL 1,344.60 per gram, has 87.5% purity.
For those looking to save, 18-karat gold is priced at SZL 1,152.51 per gram, with 75% purity. The cheapest is 14-karat gold, costing SZL 896.40 per gram, with 58.3% purity.
| Karat | Purity | Price per Gram (SZL) |
|---|---|---|
| 24K | 99.9% | 1,536.68 |
| 22K | 91.7% | 1,408.63 |
| 21K | 87.5% | 1,344.60 |
| 18K | 75% | 1,152.51 |
| 14K | 58.3% | 896.40 |
These prices and karat values are key for anyone buying gold in Eswatini. Knowing about gold purity and pricing helps you make smart choices. This way, you can get the most value for your money.
“The trend in India for lighter-weight or lower-karat gold jewellery items increased in 2023 due to stronger gold prices.”
Historical Gold Price Performance
Looking at the gold price history in Eswatini (formerly Swaziland) helps us see long-term trends. It shows us if investing in gold is a good idea. The data from the United States Geological Survey shows big changes in gold prices. Prices can go up or down by a lot in just one day.
Monthly Price Trends
Gold prices in Eswatini change a lot from month to month. These changes are because of things happening in the world and in Eswatini itself. It’s important for investors to watch these Eswatini gold price trends closely. This way, they can make smart choices and find good opportunities.
Annual Price Analysis
Looking at gold prices in Eswatini over a year gives us a better picture. It helps us see patterns and how stable the gold market is. This information is key for investors and experts to understand the gold market’s potential in Eswatini.
Price Fluctuation Patterns
It’s important to study the Eswatini gold price history and what causes prices to change. By understanding these patterns, investors can make better plans. They can use this knowledge to make the most of the market’s ups and downs.
| Year | Average Gold Price (USD/oz) | Percentage Change |
|---|---|---|
| 2018 | 1,269.32 | -0.8% |
| 2017 | 1,278.31 | +12.1% |
| 2016 | 1,141.39 | +8.1% |
| 2015 | 1,055.92 | -10.5% |
| 2014 | 1,181.63 | -2.2% |
The table shows the Eswatini gold price history for the last five years. It gives us a clear view of the trends and changes in gold prices. This information is very useful for those who want to understand the gold market in Eswatini.
Gold Investment Options in Eswatini
If you want to invest in gold in Eswatini, you have many choices. FNB offers gold account services for buying and trading gold. You can choose from 1-gram bars to 1,000-gram bars.
The price for 100 grams of 24-karat gold is SZL 153,668.19. For 1,000 grams, it’s SZL 1,536,681.90. The bank helps you store your gold safely to grow your portfolio.
Diverse Investment Opportunities
Eswatini has more than just gold bars and coins:
- Savings accounts for gold investments with good interest rates and flexible terms.
- Special call accounts for higher interest on gold deposits.
- Loan products using gold as collateral for more money.
- Accounts for groups, cooperatives, and kids’ savings.
These options fit different investment goals and risk levels. They help Eswatini residents make the most of their Eswatini gold investments and gold trading.
“Investing in gold is a smart way to diversify and protect against market ups and downs. Eswatini has many gold investment opportunities for all kinds of investors.”
Whether you’re new to investing or experienced, Eswatini’s gold market is full of chances. Use the country’s gold trading setup to create a strong, varied investment portfolio.
Comparing Gold Prices: Gram, Ounce, and Kilogram
Investing in gold means knowing about different weights. In Eswatini, gold prices show this. A gram of 24-karat gold costs SZL 1,536.68. An ounce is SZL 47,797.26, and a kilogram is SZL 1,536,715.36.
Price Conversion Guide
It’s key to know how to switch between weights. Remember, 1 gram equals 0.03215 troy ounces. This helps you compare prices and find the best deal.
Weight Unit Relationships
- 1 gram of 24K gold = SZL 1,536.68
- 1 ounce of 24K gold = SZL 47,797.26
- 1 kilogram of 24K gold = SZL 1,536,715.36
- 1 gram = 0.03215 troy ounces
Knowing gold weight conversions and Eswatini gold measurements helps. It makes gold price comparisons easier. This way, you can improve your investment in Eswatini.
“Knowing the precise relationship between different gold weight units is essential for making wise investment decisions in the Eswatini market.”
Gold Trading Hours and Market Updates
In Eswatini, gold prices change often. This keeps traders and investors in the loop. The last update was on November 30, 2024, at 10:14:01 AM (Mbabane time).
Trading hours can change. But you can get live updates all day. This helps you keep up with Eswatini’s gold market timing and prices.
It’s key to know the latest when buying, selling, or watching the market. Gold trading hours and updates give you important info. They help you make smart choices and grab new chances.
Staying current with Eswatini’s gold market gives you an edge. It helps you move smoothly through the world of precious metals. Always check for updates to get the most accurate and timely info.