Gold Price Analysis: May 16, 2026
Verified historical closing rates in Kuwaiti Dinar (KWD)
24K Gold / Gram
KD45.02
Market Tola Rate
KD525.07
Trading Day
Saturday
The historical gold market data for Saturday, May 16, 2026 indicates that 24K gold (99.9% pure bullion) in Kuwaiti Dinar closed at KD45.02 per gram. This reflects the core spot market value before any local retail premiums or making charges were applied.
For jewelry consumers and retail investors, the 22K gold price—which is the standard purity for traditional ornaments—was recorded at KD41.27 per gram. If you are calculating the value in local trade units, the gold rate per tola on this date was approximately KD525.07.
Tracking these historical KWD gold rates is crucial for auditing long-term portfolio performance, settling insurance valuations, or analyzing the price appreciation of gold assets held since May 2026.
| Purity Grade | Gram | Tola | Ounce | Kilogram |
|---|---|---|---|---|
| 24K Gold | KD45.02 | KD525.07 | KD1,400.19 | KD45,017 |
| 22K Gold | KD41.27 | KD481.33 | KD1,283.50 | KD41,267 |
| 21K Gold | KD39.39 | KD459.44 | KD1,225.16 | KD39,390 |
| 18K Gold | KD33.76 | KD393.80 | KD1,050.14 | KD33,763 |
Historical Price Insights
What was the 22k gold price per tola on May 16, 2026?
The 22k gold rate was approximately KD481.33 per tola in KWD on this date.
How much was 1 gram of 24k gold?
On May 16, 2026, 1 gram of 24k gold was priced at KD45.02.
What was the price per troy ounce?
The international market price for a troy ounce on this date was KD1,400.19.
Why check historical rates from 2026?
Historical data helps in auditing portfolios, insurance claims, and understanding long-term price volatility.
Are these retail jewelry prices?
These are market spot rates. Final jewelry prices usually include making charges and local taxes applicable on that date.
Free Gold Calculators
Calculate the melt value of your jewelry or track your investment return at today's live prices.