Live gold spot prices in Icelandic króna (ISK).
Gold prices in Iceland edged lower today (Wednesday, 28 October 2026, 6:50 PM), with the live spot price per troy ounce retreating by -798.88 ISK (-0.16%) from the previous session’s close of 498,558.29 ISK to trade at 497,759.41 ISK (equivalent to $4,056.19 USD internationally). On a per-gram basis, pure 24K gold declined by -25.68 ISK today to stand at 16,003.34 ISK ($130.41 USD) in Icelandic króna (ISK).
Across local jewelry and bullion counters in Iceland today, 22K gold is priced at 14,659.06 ISK per gram, 21K gold stands at 14,002.92 ISK per gram, and 18K gold trades at 12,002.50 ISK per gram (excluding local jeweler workmanship fees), with 18K serving as the primary retail jewelry standard. For physical bullion and coin buyers, 1 Tola (11.66g) of 24K gold is valued at 186,659.78 ISK, an 8-gram Gold Pound (21K) is valued at 112,023.36 ISK, and a 1-kilogram 24K investment bar is valued at 16,003,336.71 ISK.
From a broader technical perspective, today’s ounce price of 497,759.41 ISK sits within a 30-day trading corridor between a monthly low of 486,276.61 ISK and a monthly high of 513,277.31 ISK, compared with a 52-week average of 551,062.50 ISK. Over recent horizons, gold in ISK has recorded a -0.67% change over the past 7 days, +0.02% over 30 days, and +2.02% over the past year, while the local exchange rate stands at 1 USD = 122.72 ISK and the live Gold-to-Silver Ratio tracks at 1 oz Gold ≈ 75.6 oz Silver.
| Purity | Fineness / Hallmark | Price per gram (ISK) | Price per gram (USD) |
|---|---|---|---|
| 24K Popular in Iceland | 999 (100%) | 16,003.34 ISK | $130.41 USD |
| 23K | 965 (96.5%) | 15,443.22 ISK | $125.85 USD |
| 22K | 916 (91.6%) | 14,659.06 ISK | $119.46 USD |
| 21K | 875 (87.5%) | 14,002.92 ISK | $114.11 USD |
| 18K Popular in Iceland | 750 (75%) | 12,002.50 ISK | $97.81 USD |
| 14K Popular in Iceland | 585 (58.5%) | 9,361.95 ISK | $76.29 USD |
| 12K | 500 (50%) | 8,001.67 ISK | $65.20 USD |
| 10K | 417 (41.7%) | 6,673.39 ISK | $54.38 USD |
| 9K | 375 (37.5%) | 6,001.25 ISK | $48.90 USD |
| 8K | 333 (33.3%) | 5,329.11 ISK | $43.43 USD |
These are indicative spot-equivalent prices. Local retail prices may include taxes, dealer premiums and jewelry making charges.
Compare live gold prices in Icelandic króna across standard international and regional weight measurements—including grams, troy ounces, tolas, and kilograms—for the most traded gold purities.
| Weight Unit | Metric Weight | 24K (ISK) | 22K (ISK) | 21K (ISK) | 18K (ISK) | 24K (USD) |
|---|---|---|---|---|---|---|
| 1 Gram | 1.00 g | 16,003.34 ISK | 14,659.06 ISK | 14,002.92 ISK | 12,002.50 ISK | $130.41 USD |
| 1 Tola | 11.66 g | 186,659.78 ISK | 170,980.36 ISK | 163,327.31 ISK | 139,994.83 ISK | $1,521.07 USD |
| 1 Troy Ounce | 31.10 g | 497,759.41 ISK | 455,947.62 ISK | 435,539.49 ISK | 373,319.56 ISK | $4,056.19 USD |
| 100 Grams | 100.00 g | 1,600,333.67 ISK | 1,465,905.64 ISK | 1,400,291.96 ISK | 1,200,250.25 ISK | $13,040.95 USD |
| 1 Kilogram (1,000 g) | 1,000.00 g | 16,003,336.71 ISK | 14,659,056.43 ISK | 14,002,919.62 ISK | 12,002,502.53 ISK | $130,409.54 USD |
Live spot-equivalent valuations for 24K (.9999 fine) investment gold bars, ingots, and bullion weights in Icelandic króna (ISK) and US Dollars.
| Bar / Bullion Weight | Purity / Fineness | Bullion Price (ISK) | Bullion Price (USD) |
|---|---|---|---|
| 1 Gram | 24K (999.9 Fine) | 16,003.34 ISK | $130.41 USD |
| 5 Grams | 24K (999.9 Fine) | 80,016.68 ISK | $652.05 USD |
| 10 Grams | 24K (999.9 Fine) | 160,033.37 ISK | $1,304.10 USD |
| 20 Grams | 24K (999.9 Fine) | 320,066.73 ISK | $2,608.19 USD |
| 1 Ounce (31.1 Grams) | 24K (999.9 Fine) | 497,759.41 ISK | $4,056.19 USD |
| 50 Grams | 24K (999.9 Fine) | 800,166.84 ISK | $6,520.48 USD |
| 100 Grams | 24K (999.9 Fine) | 1,600,333.67 ISK | $13,040.95 USD |
| 10 Tolas (116.65 Grams) | 24K (999.9 Fine) | 1,866,789.23 ISK | $15,212.27 USD |
| 250 Grams (1/4 Kilo) | 24K (999.9 Fine) | 4,000,834.18 ISK | $32,602.38 USD |
| 500 Grams (1/2 Kilo) | 24K (999.9 Fine) | 8,001,668.35 ISK | $65,204.77 USD |
| 1000 Grams (1 Kilo) | 24K (999.9 Fine) | 16,003,336.71 ISK | $130,409.54 USD |
Investment gold bars and coins typically carry a small minting and dealer premium of 1% to 3% above the intrinsic spot value shown above.
Live intrinsic gold valuations for popular regional and international gold coins—including the 8g Gold Pound (21K), British Sovereign (22K), and fractional 24K bullion coins—in Icelandic króna (ISK) and US Dollars.
| Coin / Sovereign Type | Gross Weight & Purity | Pure Gold (24K) | Coin Value (ISK) | Coin Value (USD) |
|---|---|---|---|---|
| Gold Pound (8g • 21K) | 8.00 g • 21K | 7.00 g | 112,023.36 ISK | $912.87 USD |
| British Gold Sovereign (7.99g • 22K) | 7.99 g • 22K | 7.32 g | 117,182.50 ISK | $954.91 USD |
| Half Gold Pound (4g • 21K) | 4.00 g • 21K | 3.50 g | 56,011.68 ISK | $456.43 USD |
| Quarter Gold Pound (2g • 21K) | 2.00 g • 21K | 1.75 g | 28,005.84 ISK | $228.22 USD |
| 1 oz Bullion Coin (Krugerrand / Eagle / Maple) | 31.10 g • 24K | 31.10 g | 497,759.41 ISK | $4,056.19 USD |
| 1/2 oz Bullion Coin | 15.55 g • 24K | 15.55 g | 248,879.71 ISK | $2,028.09 USD |
| 1/4 oz Bullion Coin | 7.78 g • 24K | 7.78 g | 124,439.85 ISK | $1,014.05 USD |
| 1/10 oz Bullion Coin | 3.11 g • 24K | 3.11 g | 49,775.94 ISK | $405.62 USD |
Gold coins typically carry a minting and dealer premium of 1.5% to 4% above their raw gold melt value.
Calculate the exact spot value of any gold or silver weight and karat purity in Icelandic króna (ISK) or switch between 150+ world currencies in real time.
Track historical spot gold price movements in Icelandic króna (ISK) per troy ounce across 1-month, 3-month, 6-month, 1-year, and multi-year timeframes.
Intraday trading benchmarks, bid/ask spread, and 52-week high/low performance for gold (XAU/ISK) per troy ounce.
| Bid Price (Spot) | 497,734.52 ISK |
|---|---|
| Ask Price (Spot) | 497,784.30 ISK |
| Day’s High | 499,547.38 ISK |
| Day’s Low | 493,914.72 ISK |
| Today’s Open | 498,558.29 ISK |
| Previous Close | 497,760.64 ISK |
| 24h Change | -798.88 ISK |
| 24h Change (%) | -0.16% |
| 1-Month High | 513,277.31 ISK |
|---|---|
| 1-Month Low | 486,276.61 ISK |
| 6-Month High | 577,358.49 ISK |
| 6-Month Low | 486,276.61 ISK |
| 1-Year High (52W) | 655,026.18 ISK |
| 1-Year Low (52W) | 486,276.61 ISK |
| 1-Year Average | 551,062.50 ISK |
| Time Horizon | Reference Date | Historical Spot (ISK/oz) | Net Change (ISK) | Percentage Change |
|---|---|---|---|---|
| 1 Day | 2026-10-28 | 497,771.68 ISK | -786.61 ISK | -0.16% |
| 1 Week | 2026-10-21 | 501,115.70 ISK | -3,356.29 ISK | -0.67% |
| 30 Days | 2026-09-28 | 497,644.63 ISK | +114.78 ISK | +0.02% |
| 6 Months | 2026-04-28 | 560,779.82 ISK | -63,020.40 ISK | -11.24% |
| 1 Year | 2025-10-28 | 487,896.83 ISK | +9,862.59 ISK | +2.02% |
| 5 Years | 2021-10-28 | 230,629.50 ISK | +267,129.92 ISK | +115.83% |
| 10 Years | 2016-10-28 | 146,592.50 ISK | +351,166.92 ISK | +239.55% |
Day-by-day closing spot gold prices in Icelandic króna (ISK) per gram (24K, 22K, 21K, 18K) and per troy ounce over the past two weeks.
| Date | 24K Gram (ISK) | 22K Gram (ISK) | 21K Gram (ISK) | 18K Gram (ISK) | Ounce (ISK) | Daily Change |
|---|---|---|---|---|---|---|
| 2026-10-28 | 16,003.34 ISK | 14,659.06 ISK | 14,002.92 ISK | 12,002.50 ISK | 497,759.41 ISK | +0.39% |
| 2026-10-27 | 15,941.30 ISK | 14,602.23 ISK | 13,948.64 ISK | 11,955.98 ISK | 495,829.96 ISK | +1.30% |
| 2026-10-26 | 15,737.08 ISK | 14,415.17 ISK | 13,769.95 ISK | 11,802.81 ISK | 489,477.91 ISK | +0.66% |
| 2026-10-25 | 15,634.16 ISK | 14,320.89 ISK | 13,679.89 ISK | 11,725.62 ISK | 486,276.61 ISK | -0.17% |
| 2026-10-24 | 15,661.27 ISK | 14,345.72 ISK | 13,703.61 ISK | 11,745.95 ISK | 487,120.00 ISK | -0.07% |
| 2026-10-23 | 15,671.56 ISK | 14,355.15 ISK | 13,712.61 ISK | 11,753.67 ISK | 487,440.00 ISK | -0.78% |
| 2026-10-22 | 15,794.22 ISK | 14,467.50 ISK | 13,819.94 ISK | 11,845.66 ISK | 491,255.06 ISK | -1.97% |
| 2026-10-21 | 16,111.24 ISK | 14,757.90 ISK | 14,097.34 ISK | 12,083.43 ISK | 501,115.70 ISK | +0.02% |
| 2026-10-20 | 16,107.26 ISK | 14,754.25 ISK | 14,093.85 ISK | 12,080.44 ISK | 500,991.74 ISK | -0.59% |
| 2026-10-19 | 16,202.11 ISK | 14,841.13 ISK | 14,176.85 ISK | 12,151.58 ISK | 503,941.91 ISK | -0.07% |
| 2026-10-18 | 16,212.66 ISK | 14,850.79 ISK | 14,186.07 ISK | 12,159.49 ISK | 504,269.98 ISK | -0.13% |
| 2026-10-17 | 16,233.45 ISK | 14,869.84 ISK | 14,204.27 ISK | 12,175.09 ISK | 504,916.67 ISK | -0.12% |
| 2026-10-16 | 16,253.54 ISK | 14,888.24 ISK | 14,221.85 ISK | 12,190.16 ISK | 505,541.67 ISK | +0.33% |
| 2026-10-15 | 16,199.44 ISK | 14,838.69 ISK | 14,174.51 ISK | 12,149.58 ISK | 503,858.92 ISK | +0.81% |
Local gold prices in Iceland are determined by two live markets: international spot gold (XAU/USD) and the Icelandic króna (ISK) exchange rate. Even when global gold is flat, a weaker ISK raises local gold prices.
| 1 US Dollar (USD/ISK) | 1 USD = 122.72 ISK |
|---|---|
| 1 Euro (EUR/ISK) | 1 EUR = 136.41 ISK |
| Global Spot Gold (XAU/USD) | $4,056.19 USD |
| Local Spot Gold (XAU/ISK) | 497,759.41 ISK |
| ±1%% Currency Move (24K Gram) | ±160.03 ISK |
| ±1%% Currency Move (1 Ounce) | ±4,977.59 ISK |
| Official Currency | Icelandic króna (ISK) |
|---|---|
| Symbol & Subunit | kr • eyrir |
| Central Bank / Authority | Sedlabanki Islands (Central Bank of Iceland) |
| Capital & Region | Reykjavik • Europe |
When buying gold jewelry or bullion in Iceland, the retail price you pay at local goldsmiths and dealers combines the live international spot value in Icelandic króna (ISK) with workmanship fees (making charges) and applicable local taxes.
Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia.
Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe.
Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia.
| Category / Item Type | Typical Markup | Est. Making Charge / g (ISK) | Est. Retail Price / g (18K ISK) |
|---|---|---|---|
| Investment Gold Bars & Coins (24K) | 1% – 3% | 160.03 – 480.10 ISK | 16,163.37 – 16,483.44 ISK (24K) |
| Standard / Machine-Made Jewelry | 6% – 12% | 720.15 – 1,440.30 ISK | 12,722.65 – 13,442.80 ISK (18K) |
| Handcrafted / Bridal & Designer Jewelry | 12% – 22% | 1,440.30 – 2,640.55 ISK | 13,442.80 – 14,643.05 ISK (18K) |
Compare live silver spot prices per gram, troy ounce, and kilogram in Icelandic króna (ISK) alongside the real-time Gold-to-Silver Ratio.
| Silver Grade / Fineness | Fineness / Hallmark | 1 Gram (ISK) | 1 Troy Ounce (ISK) | 1 Kilogram (ISK) | 1 Gram (USD) |
|---|---|---|---|---|---|
| 999 | 99.9% | 211.59 ISK | 6,581.18 ISK | 211,589.70 ISK | $1.72 USD |
| 958 | 95.8% | 202.91 ISK | 6,311.08 ISK | 202,905.84 ISK | $1.65 USD |
| 925 | 92.5% | 195.92 ISK | 6,093.68 ISK | 195,916.39 ISK | $1.60 USD |
| 900 | 90% | 190.62 ISK | 5,928.99 ISK | 190,621.35 ISK | $1.55 USD |
| 800 | 80% | 169.44 ISK | 5,270.21 ISK | 169,441.20 ISK | $1.38 USD |
Silver Price Today & Gold-to-Silver Ratio in Iceland (ISK) →
Compare today’s live 24K and 21K gold gram prices and troy ounce rates across countries in Europe in their respective local currencies.
| Country | Currency | 24K Gram | 21K Gram | 1 Troy Ounce |
|---|---|---|---|---|
| Albania | Albanian Lek (ALL) | 10,609.17 ALL | 9,283.02 ALL | 329,982.09 ALL |
| Andorra | Euro (EUR) | 116.96 EUR | 102.34 EUR | 3,637.73 EUR |
| Austria | Euro (EUR) | 116.96 EUR | 102.34 EUR | 3,637.73 EUR |
| Belarus | Belarusian ruble (BYN) | 382.99 BYN | 335.11 BYN | 11,912.19 BYN |
| Belgium | Euro (EUR) | 116.96 EUR | 102.34 EUR | 3,637.73 EUR |
| Bosnia And Herzegovina | Bosnia and Herzegovina convertible Mark (BAM) | 228.59 BAM | 200.02 BAM | 7,110.02 BAM |
| Croatia | Euro (EUR) | 116.96 EUR | 102.34 EUR | 3,637.73 EUR |
| Cyprus | Euro (EUR) | 116.96 EUR | 102.34 EUR | 3,637.73 EUR |