Gold rate today in Tel Aviv

Gold rate in Tel Aviv today

At the last update, one gram of 24k gold in Tel Aviv works out to about 411.02 ILS, and a gram of 22k to about 376.79 ILS. Per 10 grams, a common size for small bars and rate boards, that is about 4,110.24 ILS for 24k. These are spot-based figures, before any tax, premium or making charge.

Israel's assay office in Tel Aviv

Israel's authorised assay office is the Precious Metals Section of the Standards Institution of Israel, in Tel Aviv. It is the office listed for Israel under the international Hallmarking Convention.

The government body in charge, the Jewellery Division of the Ministry of Economy and Industry, sits next door in Ramat Gan. Between them, the testing and the rules for gold marks are both handled in the Tel Aviv area.

What moves the gold price in Tel Aviv

Two numbers set the gold price in Tel Aviv: the international price in US dollars, about $4,042.7 per ounce at the last update, and the USD/ILS exchange rate, now 3.1623. The shekel floats and reacts to technology-sector flows, interest-rate gaps with the US and periods of regional tension; a weaker shekel lifts the local gold price.

The dollar price itself responds to US interest-rate expectations, the strength of the dollar, inflation data, central-bank buying and geopolitical risk. Our guide to what moves gold prices covers each in turn.

Premiums, making charges and tax in Tel Aviv

The shelf price in Tel Aviv is higher than the converted figure above. A shop adds 18% VAT (since January 2025), workmanship and the jeweller's margin. On jewellery, making charges are built into the retail price of jewellery, so two pieces of the same weight and purity can carry very different prices. Israel's legal gold finenesses are 999, 916, 875, 750, 585 and 375, and gold is assayed by the Standards Institution of Israel.

Gold market hours in Tel Aviv

The international gold market trades almost around the clock on weekdays. In Tel Aviv the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 15:00–19:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 12:30 and 17:00 in Tel Aviv, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 15:30 local time. The week's trading closes at 00:00 on Saturday and reopens at 01:00 on Monday, Tel Aviv time; over the weekend the price on this page is the last close. Israel is an international centre of the diamond trade, centred on the diamond exchange in Ramat Gan. Our gold market hours tool shows the sessions in any time zone.

Tel Aviv compared with Istanbul

A common question is whether gold is cheaper in Istanbul. On the converted spot price neither city is cheaper: Istanbul quotes about 6,525 TRY per gram of 24k, which is the same $129.98 per gram as Tel Aviv's 411.02 ILS. What differs is what each market adds. In Tel Aviv that is 18% VAT (since January 2025), workmanship and the jeweller's margin; in Istanbul it is VAT on the part of the price above the gold value (bullion is VAT-exempt), workmanship (iscilik) on jewellery and the jeweller's margin. Buying abroad also means paying an exchange margin and checking the customs allowance at home.

How this ILS gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 3.1623 ILS. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in ILS = $129.98 × 3.1623 = 411.02 ILS (24k, pure gold).
3. Price per 10 grams = 411.02 × 10 = 4,110.24 ILS.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.75.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Tel Aviv, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions