Malabar Gold Rate in Oman Today: 22K and 24K Price per Gram in OMR
By Zohaib Noman, Editor of GoldRateUAE. Prices refresh automatically through the trading day. Independent site, not affiliated with Malabar Gold & Diamonds.
Quick answer: At 00:32 UAE time on Monday, 19 October 2026, the world market price of gold in Oman is OMR 47.270 per gram for 22K and OMR 51.570 per gram for 24K. Malabar Gold & Diamonds showrooms in Oman quote their own daily board rate, which usually sits a few percent above this world market price. Your jewellery bill then adds a making charge and 5% VAT.
Gold Price in Oman Today (OMR per gram)
| Karat | Purity | Per Gram (OMR) | Per Tola (OMR) | Per 10g (OMR) | Use |
|---|---|---|---|---|---|
| 24K | 99.9% | 51.57 | 601.50 | 515.70 | Investment / Bars |
| 22K | 91.6% | 47.27 | 551.35 | 472.70 | Jewellery (most popular) |
| 21K | 87.5% | 45.12 | 526.27 | 451.20 | Traditional Jewellery |
| 20K | 83.3% | 42.97 | 501.19 | 429.70 | Jewellery |
| 18K | 75.0% | 38.68 | 451.16 | 386.80 | Designer / Affordable |
GoldRateUAE tracks the Malabar gold rate in Oman against the live world market price, so you can check a quote in Muscat before you pay. The table above shows 24K, 22K, 21K and 18K gold in Omani rials per gram, per tola and per 10 grams.
Malabar Gold & Diamonds was founded in Kozhikode, Kerala in 1993 and now runs showrooms in all six GCC countries. In Oman its branches include Ruwi, the Muttrah Gold Souk, Baushar, Sohar and Salalah.
How Does Malabar Set Its Gold Price in Oman?
Malabar publishes its own gold rate for Oman every day, and the same figure appears on the counter display and on the brand’s website. It is a retail board rate: it starts from the world market price of gold and adds a dealer margin.
That margin is why a Malabar quote in Ruwi will read higher than the live table on this page. Treat the table as your floor price and the Malabar board as the retail price for that day.
For the exact figure before you travel, open the official Malabar gold rate page and choose Oman.
What Will You Pay for 22K Malabar Jewellery in Muscat?
Your bill has three parts: the gold value, the making charge and VAT. Multiply the weight in grams by the day’s 22K rate, add the making charge for that design, then add 5% VAT on the total.
| Cost item | What it covers | What changes it |
|---|---|---|
| Gold value | Weight in grams × daily 22K rate | Karat and market price |
| Making charge | Workmanship on the piece | Design, collection, handmade or machine made |
| Stones | Diamonds or gems, priced separately | Stone type and certificate |
| VAT | 5% on jewellery in Oman | Fixed by Omani law |
A worked example, using illustrative figures: a 10 gram 22K chain at OMR 51 per gram with a making charge of OMR 1.5 per gram comes to OMR 525 before tax. With 5% VAT added, the total is OMR 551.25.
Oman has applied 5% VAT to most goods since April 2021, and gold jewellery is included. Investment bars and coins of at least 99% purity are zero rated, which makes 24K bars the lower cost way to buy gold by weight.
Where Are Malabar Gold Showrooms in Oman?
Malabar’s Omani stores cluster in the capital area, with branches in the main towns along the coast. Opening hours differ by branch, so check the store page before a long drive.
| Area | Location | Good for |
|---|---|---|
| Ruwi, Muscat | Ruwi Street and Lulu Hypermarket Ruwi | Widest choice, Indian and Gulf designs |
| Muttrah | Muttrah Gold Souk | Comparing with independent souk jewellers nearby |
| Baushar, Muscat | Baushar branch | Shoppers near Al Khuwair and Bausher |
| Sohar | Lulu Hypermarket Sohar | Al Batinah residents |
| Salalah | Salalah branch | Dhofar residents |
The Ruwi branch at Lulu was Malabar’s 18th showroom in Oman when it opened in October 2021, and the Sohar store reopened after an expansion in February 2026.
Malabar or the Muttrah Souq: Where Should You Buy?
Buy at Malabar if you want fixed price tags, a branded certificate and after sales service across the GCC. Buy from independent jewellers in the Muttrah Souq if you prefer to bargain on the making charge.
Both start from the same world gold price. The difference in your final bill comes almost entirely from the making charge, so ask every shop for that figure per gram and compare like for like.
Malabar also has a showroom inside the Muttrah Gold Souk, which makes it easy to compare a branded quote with independent shops on the same street.
What Does the Malabar Promise Include?
Malabar advertises a set of customer promises across its showrooms, known as the Malabar Promise. The main points are lifetime maintenance of its jewellery, a buyback guarantee, and full value when you exchange gold jewellery bought from Malabar.
Terms can differ between countries, so ask the Oman branch to confirm what applies before you buy. Keep the original invoice, because every promise depends on it.
Is the Malabar Gold Rate in Oman Higher Than in Dubai?
The two prices usually sit close together, because both follow the same world market price and both countries charge 5% VAT on jewellery. The gap you see on a given day comes from each market’s board margin and from currency rounding between rials and dirhams.
Compare the two on the same day with our Malabar gold rate in Dubai page and the live gold price in Oman table. Making charges often decide which is cheaper for a specific design.
Can You Take Malabar Gold from Oman to India?
Yes. Under India’s Baggage Rules 2026, a woman who has lived abroad for more than one year can bring 40 grams of gold jewellery duty free, and a man 20 grams.
Customs duty applies to any excess, so carry your Malabar invoice and declare anything above the limit. Our guide on how much gold you can carry to India explains the full rules.
Frequently Asked Questions
What is Malabar’s gold rate in Oman today?
Malabar sets its own daily rate for Oman, shown in store and on its website. It usually sits a few percent above the world market price in the live table on this page.
How much is 1 gram of 22K gold at Malabar in Oman?
Take the day’s Malabar 22K board rate for one gram, then add the making charge and 5% VAT. The live table on this page gives the world market price per gram as your reference point.
Does Malabar charge VAT on gold in Oman?
Yes, gold jewellery in Oman carries 5% VAT on the gold value and the making charge. Investment bars and coins of at least 99% purity are zero rated.
Is there a Malabar showroom in the Muttrah Souq?
Yes, Malabar has a branch inside the Muttrah Gold Souk. It lets you compare a branded quote with the independent jewellers in the same souk.
Does Malabar buy back gold in Oman?
Malabar advertises a buyback guarantee and full exchange value on its own jewellery. Confirm the current terms with the branch and keep your original invoice.
Your Checklist for Malabar in Oman
Check the Malabar gold rate in Oman against the live world price on this page, ask for the making charge per gram, and insist on an itemised invoice. That routine works in Ruwi, Muttrah, Sohar or Salalah.
This page gives market information only and is not financial advice. Prices are indicative; always confirm the final price with the retailer. GoldRateUAE is an independent site and is not affiliated with Malabar Gold & Diamonds.
Sources: Oman Observer on the Ruwi showroom and Oman Observer on VAT and gold.