A Guide to Gold Investment in Morocco

This article delves into the significance of investing in gold in Morocco, the optimal timing for purchasing gold in the Moroccan market, the available methods for investing in and buying gold, and the most effective strategies for maximizing gold investment returns in Morocco. 

 A Guide to Gold Investment in Morocco

Additionally, we will explore the current price of gold per gram in Morocco and uncover the compelling reasons that make gold investment in Morocco particularly attractive and profitable.

The Current Price of Gold per Gram in Morocco

On global exchanges, the price of gold stands at $2479 per ounce, which equates to approximately 24,800 Moroccan Dirhams per ounce. In Morocco, the average price of 18-karat gold, commonly found in jewelry stores and gold markets, is around 650 Dirhams per gram.

Why Investing in Gold in Morocco is Currently Superior to Real Estate and Other Assets

If we rewind to 2014, the price of gold per gram in Morocco was approximately 100 Dirhams. Today, the price has soared to over 650 Dirhams, indicating a more than six-fold increase in just ten years. This remarkable growth of over 650% has not been observed in raw gold on global markets. Even though global gold prices have risen, the increase has been more gradual and less pronounced over shorter timeframes.

In contrast, real estate in Morocco has rarely experienced a 100% increase over a decade, making gold a far more lucrative investment. Moreover, the annual price movement of gold in Morocco has consistently been positive, unlike raw gold on global financial markets, which can sometimes remain stagnant or even decline over extended periods.

Historically, the price of gold in Morocco has shown a steady upward trend since independence. Experts anticipate an exceptional and significant surge in gold prices between 2025 and 2030, an opportunity that few will be able to capitalize on.

Purchasing Gold in Morocco: Where and How

There are numerous ways to purchase gold. One option is through stock exchanges, where you can buy electronic or paper gold, often in the form of 24-karat gold bullion. However, this requires a certain level of knowledge and experience to understand trading strategies and timing. While this method offers the potential for high returns, it also carries a higher risk of losses.

Unfortunately, the Moroccan stock exchange does not currently facilitate gold trading. While you could use international online platforms, this involves risks due to the lack of local regulations and potential complications in case of disputes.

A safer and more accessible option in Morocco is to purchase gold from licensed dealers and in jewelry stores. It is advisable to buy gold sold by weight, such as nuggets or 21-karat gold coins, as these are more suitable for investment purposes. Jewelry with intricate designs or heavy craftsmanship, while often more expensive, is primarily for adornment and may not offer the same investment returns.

 A Guide to Gold Investment in Morocco

Why is Gold So Expensive in Morocco?

The limited supply of gold in Morocco coupled with increasing demand has driven prices upward. Additionally, global geopolitical tensions and the ongoing war in Ukraine have created uncertainty and fueled demand for safe-haven assets like gold. Rising inflation worldwide, particularly in Morocco, has also prompted individuals to seek protection for their wealth by investing in gold.

Key Reasons for the Rise in Gold Prices in Morocco

• Limited gold supply in Morocco
• Increasing global demand for gold as a safe-haven asset
• Rising inflation
• Economic growth and increased purchasing power