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Gold $4,604.40 Silver $69.11 Platinum $1,887.00 Palladium $1,371.00 per troy ounce · live spot
Live · updated 9 minutes ago

🇮🇸Gold Rate in Reykjavík Today

The gold rate in Reykjavík today is ISK 17,936,101 per kilogram for 24K, based on an international spot price of $4,604.40 per troy ounce. That is up ISK 419,928 from the previous close. This is the international spot price converted into ISK for Reykjavík. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Iceland's larger markets, with a population of around 118,918.

24K Gold · per kilogram
ISK 17,936,101
ISK per kilogram · 1,000 g
▲ ISK 419,928 (2.39%) vs previous close (COMEX futures)
Spot $4,604.40/oz · 1 USD = 121.16 ISK
Last 12 months · 24K per kilogram
▲ 37.03%
Aug 2025 Aug 2026
COMEX futures closes Low ISK 13,142,390 High ISK 20,717,436 255 sessions

Gold rate in Reykjavík — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) ISK 17,936 ISK 16,441 ISK 15,694 ISK 13,452 ISK 10,463
1 Troy Ounce (31.1035 g) ISK 557,875 ISK 511,386 ISK 488,141 ISK 418,406 ISK 325,427
1 Kilogram (1,000 g) ISK 17,936,101 ISK 16,441,426 ISK 15,694,089 ISK 13,452,076 ISK 10,462,726

All figures in ISK (Krona). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.

Last 10 days · 24K per kilogram in Reykjavík

Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current ISK exchange rate.

Date24K / kilogramChange%
Fri, 21 Aug 2026 ISK 18,012,842 +ISK 419,928 2.39%
Thu, 20 Aug 2026 ISK 17,592,914 +ISK 104,787 0.60%
Wed, 19 Aug 2026 ISK 17,488,127 +ISK 480,695 2.83%
Tue, 18 Aug 2026 ISK 17,007,432 -ISK 201,782 -1.17%
Mon, 17 Aug 2026 ISK 17,209,214 +ISK 145,689 0.85%
Fri, 14 Aug 2026 ISK 17,063,526 +ISK 65,442 0.38%
Thu, 13 Aug 2026 ISK 16,998,084 -ISK 176,462 -1.03%
Wed, 12 Aug 2026 ISK 17,174,546 +ISK 100,891 0.59%
Tue, 11 Aug 2026 ISK 17,073,654 +ISK 82,584 0.49%
Mon, 10 Aug 2026 ISK 16,991,071

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Gold rate in Reykjavík — questions

What is the gold rate in Reykjavík today?

The gold rate in Reykjavík today is ISK 17,936,101 per kilogram for 24K, and ISK 17,936,101 per kilogram for 24K. These are live figures converted from international spot at the current ISK exchange rate.

What is the price of 1 gram of gold in Reykjavík?

One gram of 24K gold costs ISK 17,936 in Reykjavík, and 22K costs ISK 16,441 per gram. 18K works out at ISK 13,452.

Why is 22K cheaper than 24K in Reykjavík?

22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ISK 1,495 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

Is the gold rate in Reykjavík different from other cities?

The underlying metal price is identical everywhere in Iceland — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.

How often does this rate update?

The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 9 minutes ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Reykjavík price above is that spot price converted into ISK at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the ISK moved.