Balearic Islands

Gold price today in Palma de Mallorca

In Palma, gold buying and selling happens both in the city centre and along Paseo Marítimo, with a strong international clientele.

Pure gold (24k)
€122.61/g

Updated

Fine silver (999)
€1.86/g

€1,855 / kg

Updated

Offer comparison benchmark

18k gold in Palma de Mallorca

Calculated from the international spot price; this is not a guaranteed local shop rate.

Metal value per gram
€91.96
70% benchmark
€64.37
85% benchmark
€78.16

Gold price by karat in Palma de Mallorca

The metal's price is the same across Spain: what changes from one city to another is the percentage each shop pays. These are today's values per gram.

Gold karatValue per gram
999.9 · 24 carat122,60 €
916 · 22 carat112,31 €
750 · 18 carat91,96 €
585 · 14 carat71,73 €
375 · 9 carat45,98 €

How much would you get paid in Palma de Mallorca?

Market value of the metal

€919.56

€91.96 /g of 18k gold

Typical shop offerYou'd be paid
60% of the metal's value551,74 €
70% of the metal's value643,69 €
80% of the metal's value735,65 €
85% of the metal's value781,63 €

The gold market in Palma de Mallorca

Tourist season affects demand: in summer there's more activity, and some shops improve their rates to attract business.

Being an island, logistics costs can slightly reduce the percentage paid compared with mainland Spain.

No shop in Palma de Mallorca sets the market quote: the international gold price is the same for everyone. The only thing you can negotiate is the percentage applied to that value, which is why it pays to know what your piece is really worth.

Selling foreign-hallmarked gold in Spain

Spanish buyers commonly recognise 750, 585 and 375 fineness marks as 18k, 14k and 9k. Ask for each purity to be weighed separately, especially when a mixed lot includes UK or northern European pieces, and compare the final offer with the metal value above.

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Historical gold price

See the full chart →

Chart

Gold price trend

Gold price per gram in euros over recent months.

Period change
-1.97%
Start
€125.07
Low
€111.84
16 Jul 2026
High
€132.64
01 Apr 2026

Source: MetalFlow API

See full history →