Gold Price Today in Mexico in Mexican Peso (MXN)

Monday, 3 March 2025, 10:41 PM

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59,732.00 Mexican Peso/Ounce
2,892.34 U.S. Dollar/Ounce
1,440.48 Mexican Peso/Gram 18K
69.75 U.S. Dollar/Gram 18K
1,123.58 Mexican Peso/Gram 14K
54.41 U.S. Dollar/Gram 14K
Gold ounce price in Mexico is 59,732.00 Mexican Peso per ounce, Gold gram price is 1,920.64 Mexican Peso per gram karat 24, 1,760.59 Mexican Peso per gram karat 22, 1,680.56 Mexican Peso per gram karat 21, 1,440.48 Mexican Peso per gram karat 18.

Gold Price in Mexico in Mexican Peso

Gold Unit Mexican Peso U.S. Dollar
Gold Ounce 59,732.00 2,892.34
Gold Gram Karat 24k 1,920.64 93.00
Gold Gram Karat 22k 1,759.31 85.19
Gold Gram Karat 21k 1,680.56 81.38
Gold Gram Karat 18k 1,440.48 69.75
Gold Gram Karat 14k 1,123.58 54.41
Gold Gram Karat 12k 960.32 46.50
Gold Gram Karat 10k 800.91 38.78
Gold Gram Karat 9k 720.24 34.88
Gold Gram Karat 8k 639.57 30.97

Gold Karats Commonly Used in Mexico

In Mexico, gold is primarily measured in karats, with the most commonly used types being 10K, 14K, and 18K gold. 10K gold is the least pure, consisting of 41.7% gold, and is favored for its durability and affordability. It is often used in budget-friendly jewelry pieces.

Next, 14K gold is widely popular, containing 58.3% gold. This karat strikes a balance between purity, durability, and cost, making it a preferred choice for various jewelry, including engagement rings and daily wear items. Its warm hue and resistance to scratching make it ideal for everyday use.

The highest purity commonly found in the Mexican market is 18K gold, which has 75% gold content. It offers a richer golden color and is highly sought after for luxury jewelry. However, it is also more expensive and less durable than lower karats.

While 22K and 24K gold are available, they are less common for everyday jewelry due to their softness and high cost. Overall, the karats used in Mexico reflect a blend of aesthetic preferences and practical considerations.

Gold Price Chart in Mexico

How Gold Price is Determined in Mexico

The price of gold in Mexico is influenced by several key factors that reflect both domestic and international markets. Global Market Prices play a crucial role, as gold is traded on world markets, particularly in the United States and Europe. The prevailing international gold price is the primary determinant of local prices in Mexico.

In addition to global prices, exchange rates also impact gold prices. As the value of the Mexican peso fluctuates against other currencies, it affects the buying power for gold. A weaker peso typically results in higher gold prices in pesos.

Local Demand and Supply conditions are vital as well. In periods of economic uncertainty, demand for gold can rise as investors seek a safe haven for their wealth, pushing prices higher. Conversely, if there is a surplus of gold available for sale, prices may decline.

Finally, government policies, including regulations on gold trade and taxes, can affect the final consumer price. These elements combined create a dynamic market where gold prices in Mexico are constantly changing based on local and global influences.

Price of Gold Bullion in Mexico in Mexican Peso

  • The price of gold bullion 5 grams 24K in Mexico: 9,603.21 Mexican Peso
  • The price of gold bullion 10 grams 24K in Mexico: 19,206.43 Mexican Peso
  • The price of gold bullion 20 grams 24K in Mexico: 38,412.86 Mexican Peso
  • The price of gold bullion 50 grams 24K in Mexico: 96,032.15 Mexican Peso
  • The price of gold bullion 100 grams 24K in Mexico: 192,064.30 Mexican Peso
  • The price of gold bullion 250 grams 24K in Mexico: 480,160.74 Mexican Peso
  • The price of gold bullion 500 grams 24K in Mexico: 960,321.48 Mexican Peso
  • The price of gold bullion 1000 grams 24K in Mexico: 1,920,642.96 Mexican Peso

Predictions for Gold Prices in Mexico

The global economic landscape, alongside local market dynamics, is continuously influencing gold prices in Mexico. Analysts predict that gold prices may experience fluctuations in the coming months, driven by factors such as inflation rates, currency valuation, and geopolitical tensions. As uncertainty prevails in the global economy, investors are likely to view gold as a safe haven, which could sustain or even elevate its prices.

Furthermore, the Mexican peso's performance against the US dollar will play a crucial role in gold pricing. A weaker peso may lead to higher gold prices in local currency, making it essential for both investors and consumers to monitor foreign exchange trends. In addition, the demand for gold in jewelry and investment sectors within Mexico remains significant, which could further impact price trajectories.

As experts evaluate the interplay between global supply chains and regional demand, some forecasts suggest that gold could see a modest increase in value by the end of the year. However, potential corrections and adjustments are also anticipated, making it imperative for stakeholders to stay informed regarding market developments.

Gold price in Mexico in March 2025 in Mexican Peso

Date Gold Ounce Gold Gram Karat 24 Gold Gram Karat 22 Gold Gram Karat 21 Gold Gram Karat 18 Gold Gram Karat 14
3 March 2025 58,729.71 1,888.42 1,730.91 1,652.03 1,415.86 1,101.87
2 March 2025 58,689.94 1,887.14 1,729.74 1,650.91 1,414.90 1,101.12
1 March 2025 58,689.94 1,887.14 1,729.74 1,650.91 1,414.90 1,101.12
28 February 2025 58,678.45 1,886.77 1,729.40 1,650.59 1,414.62 1,100.91
27 February 2025 59,174.76 1,902.73 1,744.02 1,664.55 1,426.59 1,110.22
26 February 2025 59,786.99 1,922.41 1,762.07 1,681.77 1,441.35 1,121.71
25 February 2025 60,067.12 1,931.42 1,770.32 1,689.65 1,448.10 1,126.96
24 February 2025 59,878.16 1,925.34 1,764.76 1,684.34 1,443.54 1,123.42
23 February 2025 59,924.55 1,926.83 1,766.12 1,685.64 1,444.66 1,124.29
22 February 2025 59,959.05 1,927.94 1,767.14 1,686.61 1,445.49 1,124.94
21 February 2025 59,470.84 1,912.25 1,752.75 1,672.88 1,433.72 1,115.78
20 February 2025 60,186.89 1,935.27 1,773.85 1,693.02 1,450.99 1,129.21
19 February 2025 59,359.16 1,908.65 1,749.46 1,669.74 1,431.03 1,113.68
18 February 2025 59,192.47 1,903.29 1,744.55 1,665.05 1,427.01 1,110.55
17 February 2025 58,857.53 1,892.53 1,734.68 1,655.63 1,418.94 1,104.27
16 February 2025 58,507.54 1,881.27 1,724.36 1,645.78 1,410.50 1,097.70
15 February 2025 58,514.79 1,881.50 1,724.57 1,645.99 1,410.67 1,097.84
14 February 2025 59,824.36 1,923.61 1,763.17 1,682.82 1,442.25 1,122.41
13 February 2025 59,890.67 1,925.75 1,765.12 1,684.69 1,443.84 1,123.65
12 February 2025 59,367.96 1,908.94 1,749.72 1,669.98 1,431.24 1,113.85
11 February 2025 60,173.25 1,934.83 1,773.45 1,692.64 1,450.66 1,128.95
10 February 2025 59,234.06 1,904.63 1,745.77 1,666.22 1,428.02 1,111.33
9 February 2025 58,774.78 1,889.86 1,732.24 1,653.30 1,416.94 1,102.72
8 February 2025 58,787.06 1,890.26 1,732.60 1,653.64 1,417.24 1,102.95
7 February 2025 58,677.00 1,886.72 1,729.35 1,650.55 1,414.59 1,100.88
6 February 2025 59,058.53 1,898.99 1,740.60 1,661.28 1,423.78 1,108.04
5 February 2025 58,511.81 1,881.41 1,724.49 1,645.90 1,410.60 1,097.78
4 February 2025 57,631.66 1,853.11 1,698.55 1,621.14 1,389.38 1,081.27
3 February 2025 59,069.56 1,899.34 1,740.92 1,661.59 1,424.05 1,108.25
2 February 2025 57,843.12 1,859.91 1,704.78 1,627.09 1,394.48 1,085.24

Gold Making Charges in Mexico

In Mexico, the gold making charges are a crucial aspect of the jewelry pricing structure. These charges, which cover the costs associated with the craftsmanship and design of gold jewelry, vary but typically range from 10% to 20% of the gram price of gold. This percentage can fluctuate based on factors such as the complexity of the design, the reputation of the jeweler, and the local market conditions.

To illustrate, if the current market price of gold is approximately 1,200 Mexican Pesos (MXN) per gram, the making charges could thus be around 120 to 240 MXN per gram. This means that for a piece of jewelry weighing 10 grams, the total making charges could add between 1,200 and 2,400 MXN. It’s important for consumers to be aware of these charges, as they can significantly impact the total cost of purchasing gold jewelry.

Ultimately, understanding the gold making charges in Mexico helps buyers make informed decisions and facilitates better budgeting for their jewelry purchases.