Muscat · Sultanate of Oman

Precious
Metals,
Trusted

Two decades of expertise in physical gold and silver bullion. Authenticated, hallmarked bars at transparent premiums — serving investors, collectors, and institutions across Oman.

20+
Years in Business
4,800+
Clients Served
LBMA
Accredited Supply Chain
999.9‰
Maximum Purity
Why Al Masbaah

Where transparency
meets integrity

We price fairly, authenticate rigorously, and hold your interests above all else. No hidden fees. No inflated spreads. Just honest bullion trading.

🔍 Authenticated Stock

Every bar carries LBMA-recognised mint certification. We source exclusively from Swiss, Austrian, and UAE refineries with full chain-of-custody documentation.

📊 Transparent Pricing

Our prices are calculated in real time from London spot. Our premiums are publicly listed — you always know exactly what you're paying above spot.

🤝 Buyback Guaranteed

We buy back all bullion we have ever sold at the current buy rate. No questions asked, no time limits — provided the item remains in original condition.

At a Glance

Today's Spot Rates

Live indicative rates in Omani Rial. Refreshed every 10 seconds from live market data.

Au
Gold
999.9‰ Fine
Sell — 1 Gram
OMR
Buy — 1 Gram
OMR
Connecting…
Ag
Silver
999‰ Fine
Sell — 1 Gram
OMR
Buy — 1 Gram
OMR
Connecting…
ℹ️ Prices not listed — contact us via WhatsApp or visit our showroom for current pricing.
📌 What is a premium?

The cost above the raw metal spot price. It reflects refining, assaying, minting, packaging, and shipping to Oman, plus our dealer margin.

⚖️ Why do premiums vary?

Larger bars have lower per-gram premiums because minting costs are spread over more metal. Silver carries higher premiums than gold proportionally.

💡 Buyback premiums

When we buy back, we pay near the buy spot price with no premium charged — you receive competitive rates for your metal.

🥇 Gold Premiums

WeightRefineryPremium (OMR)Premium %Sell (OMR)Buy Back (OMR)

🥈 Silver Premiums

WeightRefineryPremium (OMR)Premium %Sell (OMR)Buy Back (OMR)
Note: Premiums reviewed each morning at 08:00 GST. Bulk discounts on 10+ bars — please enquire. Final price confirmed at point of sale.
Connecting to live feed…
Au
Gold
999.9‰ Fine · XAU
Sell
1 Gram Bar
OMR / gram
Buy
1 Gram Bar
OMR / gram
Sell
1 Kilogram Bar
OMR / kg bar
Buy
1 Kilogram Bar
OMR / kg bar
Loading…
Ag
Silver
999‰ Fine · XAG
Sell
1 Gram Bar
OMR / gram
Buy
1 Gram Bar
OMR / gram
Sell
1 Kilogram Bar
OMR / kg bar
Buy
1 Kilogram Bar
OMR / kg bar
Loading…
Gold Spot (USD/oz)
Silver Spot (USD/oz)
Gold Spread (OMR/g)
Silver Spread (OMR/g)
Disclaimer: Rates indicative only. Final transaction prices confirmed at point of sale. USD/OMR based on Central Bank of Oman rate (0.38504). For transactions above OMR 10,000 please call for a bespoke quote.
01
📈
Check Live Rates

Visit our Live Rates page before you arrive. Rates change with the market — checking in advance helps you decide on timing and budget. Market hours are Sunday–Thursday, 09:00–17:00 GST.

02
📦
Browse Stock

Our Stock page shows all currently available bars — gold and silver across a range of weights. Items marked "In Stock" are physically in store. Low stock items sell quickly; call ahead to reserve.

03
📞
Reserve or Visit

Reserve a bar by calling or messaging us on WhatsApp during business hours. We hold reservations for up to 2 hours at the quoted price. Walk-ins are always welcome.

04
🪪
Bring Valid ID

In compliance with Oman's Anti-Money Laundering regulations, we require a valid Omani Civil ID or passport for all purchases. Transactions above OMR 1,000 require additional KYC documentation.

05
💳
Choose Payment

We accept cash (OMR), bank transfer, and credit/debit cards for purchases up to OMR 2,000. For larger amounts, bank transfer is preferred. Payment must clear before we release bullion.

06
🏅
Receive & Verify

Your bar is examined and verified in front of you using our XRF analyser. You receive a receipt confirming weight, purity, serial number, and price paid — keep this for any future buyback.

Gold vs Silver — Which to Buy?

🥇 Gold

  • ✓ Store of value — historically stable long-term
  • ✓ High value-to-weight ratio — easy to store
  • ✓ Lower premium % over spot vs silver
  • ✓ Highly liquid — easy to sell globally
  • ✓ Recognised as currency reserve by central banks
  • — High entry price per gram

🥈 Silver

  • ✓ Lower cost per bar — accessible entry point
  • ✓ Industrial demand provides price floor
  • ✓ Higher upside potential in bull markets
  • ✓ Ideal for small monthly savings strategies
  • — Higher premium % over spot
  • — Bulkier to store for equivalent value

Frequently Asked Questions

Our Story

Al Masbaah was established with a single conviction: Omani investors deserved access to authenticated precious metals at internationally competitive prices, without having to travel overseas or rely on unverified traders.

Over two decades, we have grown from a small office in Muttrah to a dedicated bullion showroom in the heart of Muscat. We supply individual investors, HNW clients, corporate treasury departments, and Waqf institutions across the Sultanate.

Our bars are sourced exclusively from LBMA Good Delivery refineries — including PAMP Suisse, Argor-Heraeus, Emirates Gold, and the Perth Mint.

📍
Location
Building 42, Al Khuwair Street, Muscat, Oman
📞
Telephone
+968 2449 0000
📧
Email
info@almasbaah-bullion.om
🕐
Business Hours
Sun–Thu 09:00–17:00 · Sat 09:00–13:00 (GST)
📱
WhatsApp
+968 9400 0000
📍
Al Masbaah Bullion
Al Khuwair, Muscat · Sultanate of Oman
Nearest Landmark

We are located 400m from the Bank Muscat headquarters on Al Khuwair Street, directly opposite the Ministry of Finance building. Ample parking available in the basement of the adjacent commercial tower.

The Team

Experienced professionals dedicated to serving your bullion needs.

A
Ahmed Al Harthy
Founder & Director
S
Sara Al Balushi
Head of Operations
K
Khalid Al Rashdi
Senior Dealer
N
Nadia Al Habsi
Client Relations
O
Omar Al Lawati
Compliance & KYC
F
Fatima Al Ghafri
Market Analyst