How gold is priced in Morocco
In Morocco gold jewellery is sold per gram of 18-carat gold — the only karat authorised for sale — with a workmanship charge (façon) on top. The figures here are the international spot price converted at today's USD/MAD rate: the metal value before the hallmarking fee, VAT and the jeweller's margin.
18 carats and the poinçon
Only 18-carat (750) gold jewellery may be sold in Morocco. Pieces are assayed and stamped with the official hallmark (poinçon) at the customs administration's guarantee offices (bureaux de garantie); since January 2024 the D19 declaration for hallmarking is filed online through the customs BADR system. Customs have stepped up checks on fake hallmarks, on pieces sold as 21K, and on gold alloyed to pass as a higher karat.
Why Moroccan prices differ from world prices
Moroccan jewellers set their own 18K gram price. Trade sources report that local prices have often sat above converted world prices, with gaps of 80–120 dirhams a gram between operators in 2025. Supply is tight: domestic mines export most of their output, recycled jewellery supplies only 10–15% of the market, and importers face exchange-control rules. The jeweller's federation also cites a hallmarking (guarantee) fee of about 6 dirhams a gram.
Tax and buying tips
Morocco's standard VAT (TVA) rate is 20%, but much of the jewellery trade is informal and invoices are not always issued. Ask for an invoice showing the weight, the gram price and the façon separately, check the hallmark, and compare the gram price with the 18K figure on this page.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.