Gold Market Report
Israel Gold Market Report
Independently researched coverage of the Israel gold market, last verified Sep 1, 2026. 24K gold is currently ₪428.77 per gram.
See the live gold price page for Israel →Research coverage
4 of 4 research sections published for Israel.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in ILS.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ₪428.77 | ₪13,336.28 | ₪5,001.10 | ₪428,771.28 |
| 22 karat (916.7) | ₪393.09 | ₪12,226.59 | ₪4,584.97 | ₪393,093.94 |
| 21 karat (875) | ₪375.21 | ₪11,670.41 | ₪4,376.40 | ₪375,212.39 |
| 18 karat (750) | ₪321.61 | ₪10,003.21 | ₪3,751.20 | ₪321,610.62 |
| 14 karat (583.3) | ₪250.13 | ₪7,779.83 | ₪2,917.44 | ₪250,127.30 |
| 10 karat (416.7) | ₪178.69 | ₪5,557.78 | ₪2,084.17 | ₪178,686.86 |
Trend
Last 3 months
Per gram · ILS
- Change
- +8.59%
- Low
- ₪390.33
- High
- ₪452.90
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Israel gold market
KmalServico's Israel page is built around grams and Israeli shekels (ILS). Gold is legally classified as a commodity rather than a financial asset in Israel, a distinction that shapes how it's taxed and why the local precious-metals investment market has stayed comparatively underdeveloped next to markets where investment gold is VAT-exempt.
Read the full section on the live price page →Market notes
Gold is legally classified as a commodity in Israel rather than a financial asset -- a different treatment from markets that classify investment-grade bullion as a financial instrument and exempt it from tax accordingly. That classification is the main structural reason precious-metals investing hasn't grown into as large a retail market in Israel as it has in comparable economies.
Read the full section on the live price page →Buying gold in Israel
Even a single gold coin has to be declared at Israeli customs, and that requirement applies whether it's a new resident's first import or a returning citizen bringing gold back from abroad. Anyone planning to bring physical gold into Israel should budget for that declaration and the VAT it triggers rather than assuming a foreign purchase arrives tax-free.
Read the full section on the live price page →Tax & duty notes
Imported gold and silver are subject to Israel's standard 18% VAT rate at the border. That applies to both new residents and returning citizens bringing gold into the country, not just commercial importers -- there's no personal-use or investment-grade exemption carved out the way there is in some other markets.
Read the full section on the live price page →Sources
What the Israel research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- comGateway — Israel Customs Duties and Import Tax Cheat Sheet 2026
Supports: Israel's 18% VAT on imported gold and silver, applying equally to new immigrants and returning residents at the border
Checked Sep 1, 2026
Related markets
More gold markets in Middle East
Israel's immediate sub-region doesn't list enough markets on its own, so this also includes other Middle East countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.
