Gold Price Analysis: May 02, 2026
Verified historical closing rates in Omani Rial (OMR)
24K Gold / Gram
OMR56.98
Market Tola Rate
OMR664.65
Trading Day
Saturday
The historical gold market data for Saturday, May 2, 2026 indicates that 24K gold (99.9% pure bullion) in Omani Rial closed at OMR56.98 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 OMR52.24 per gram. If you are calculating the value in local trade units, the gold rate per tola on this date was approximately OMR664.65.
Tracking these historical OMR 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 | OMR56.98 | OMR664.65 | OMR1,772.39 | OMR56,984 |
| 22K Gold | OMR52.24 | OMR609.28 | OMR1,624.69 | OMR52,237 |
| 21K Gold | OMR49.86 | OMR581.57 | OMR1,550.84 | OMR49,861 |
| 18K Gold | OMR42.74 | OMR498.48 | OMR1,329.29 | OMR42,738 |
Historical Price Insights
What was the 22k gold price per tola on May 02, 2026?
The 22k gold rate was approximately OMR609.28 per tola in OMR on this date.
How much was 1 gram of 24k gold?
On May 2, 2026, 1 gram of 24k gold was priced at OMR56.98.
What was the price per troy ounce?
The international market price for a troy ounce on this date was OMR1,772.39.
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.
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