The best time to buy gold depends on several factors such as the global economic situation, interest rates, and the strength of the US Dollar. Generally, it's advised to buy when prices are low and avoid buying during peak times. Continuous price monitoring and making informed decisions is recommended.

Gold zakat is calculated when reaching the nisab which is 85 grams of pure gold (24 karat) and owning it for one full lunar year. The zakat rate is 2.5% of the amount above nisab. You can use our zakat calculator for accurate calculation.

Gold karat refers to the purity of gold in the piece. 24 karat is 100% pure gold, 22 karat contains 91.7% gold, 21 karat contains 87.5% gold, and 18 karat contains 75% gold. The higher the karat, the higher the value and softness, but lower hardness.

Gold is considered a safe long-term investment and a safe haven during inflation and economic crises. However, its returns may be lower than stocks during economic growth periods. It's recommended to diversify your investment portfolio and not rely solely on gold.

You can verify gold prices accuracy by comparing prices from multiple reliable sources, following international gold prices, and checking current exchange rates. Our website provides prices updated every minute from trusted sources.

Gold prices are affected by several factors including: interest rates, US Dollar strength, inflation, geopolitical situations, supply and demand, central bank monetary policies, and performance of other financial markets.

There is scholarly disagreement on this matter. Some scholars believe zakat is due on all types of gold, while others believe no zakat is due on jewelry worn for adornment if it doesn't exceed the customary amount. It's recommended to consult a religious scholar for an accurate ruling.

Gold prices on our website are updated every 30 seconds during trading hours. We source data from multiple reliable sources to ensure price accuracy. We also display the last update time at the top of the page.