Gold Market Report
Mexico Gold Market Report
Independently researched coverage of the Mexico gold market, last verified Aug 31, 2026. 24K gold is currently MX$2,371.55 per gram.
See the live gold price page for Mexico →Research coverage
4 of 4 research sections published for Mexico.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in MXN.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | MX$2,371.55 | MX$73,763.54 | MX$27,661.33 | MX$2,371,552.83 |
| 22 karat (916.7) | MX$2,174.22 | MX$67,625.80 | MX$25,359.67 | MX$2,174,219.90 |
| 21 karat (875) | MX$2,075.32 | MX$64,549.55 | MX$24,206.08 | MX$2,075,316.25 |
| 18 karat (750) | MX$1,778.84 | MX$55,328.19 | MX$20,748.07 | MX$1,778,842.50 |
| 14 karat (583.3) | MX$1,383.47 | MX$43,030.57 | MX$16,136.47 | MX$1,383,465.11 |
| 10 karat (416.7) | MX$988.32 | MX$30,740.34 | MX$11,527.63 | MX$988,324.90 |
Trend
Last 3 months
Per gram · MXN
- Change
- +6.59%
- Low
- MX$2,199.32
- High
- MX$2,551.89
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Mexico gold market
Mexico's gold market is shaped by a distinctive local convention: 10K gold (41.7% fine) is a common purity in everyday Mexican jewellery, alongside the higher 14K and 18K pieces also sold.
Read the full section on the live price page →Market notes
Mexico's national gold bullion coin is the Libertad, minted in 99.9%-fine gold by the government's Casa de Moneda de México across five weights from 1/20 troy ounce up to a full ounce -- a different reference point from the country's common 10K/14K/18K jewellery purities described in this page's market notes.
Read the full section on the live price page →Buying gold in Mexico
Mexican tax law (Article 2-A, section I(h) of the Ley del Impuesto al Valor Agregado) sets a 0% VAT rate on gold -- including jewellery, ingots, and silverware -- with at least 80% gold content, but that 0% rate specifically applies when the sale is not an ordinary retail sale to the general public.
Read the full section on the live price page →Tax & duty notes
Article 2-A, section I(h) of Mexico's VAT law (Ley del Impuesto al Valor Agregado), in place since 1994, sets a 0% VAT rate for gold sales -- jewellery, ingots, silverware and ornamental pieces -- with a minimum gold content of 80%, provided the sale isn't conducted as an ordinary retail sale to the general public.
Read the full section on the live price page →Sources
What the Mexico research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- vLex México — ¿Por qué el oro no paga IVA en México?
Supports: Article 2-A section I(h) LIVA 0% VAT rate on gold with 80%+ content, its 1994 origin, its non-retail-to-public condition, and the price-competitiveness rationale
Checked Aug 31, 2026
Related markets
More gold markets in Americas
Mexico's immediate sub-region doesn't list enough markets on its own, so this also includes other Americas 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.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
- investment
Gold vs Silver as an Investment
Which precious metal is right for your portfolio?
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.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.