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Rohingya Khobor > Myanmar > Gold Prices Fall in Myanmar Following Decline in Global Market
Myanmar

Gold Prices Fall in Myanmar Following Decline in Global Market

Last updated: June 15, 2026 4:36 PM
RK News Desk
Published: June 15, 2026
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by Hafizur Rahman

Myanmar | June 15, 2026

Gold prices in Myanmar fell on June 15 following a decline in international gold markets, according to local traders and market data.

Market figures showed that the global gold price stood at US$4,316 per ounce, while the exchange rate was around 4,220 Myanmar Kyats per US dollar.

In Myanmar’s domestic market, the price of 24K gold (16.329 grams per tical) recorded a notable decline. The selling price fell from 9,970,000 MMK to 9,800,000 MMK, a decrease of 170,000 MMK. The buying price dropped from 9,900,000 MMK to 9,720,000 MMK, down by 180,000 MMK.

The price of 23K gold also declined. The selling price per tical fell from 9,380,000 MMK to 9,220,000 MMK, marking a decrease of 160,000 MMK.

Meanwhile, the reference gold price set by the Yangon Region Gold Entrepreneurs Association (YGEA) stood at 6,950,000 MMK per tical.

Gold traders said Myanmar’s gold market remains closely linked to international price movements. Fluctuations in global gold prices continue to influence local buying and selling rates, affecting traders, investors, and consumers.

Market observers said future price trends will likely depend on developments in global financial markets, currency movements, and investor demand for gold in the coming weeks.

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