Gold prices reach K10 million per tical in Arakan State

By Admin 15 Jan 2026

DMG Newsroom

15 January 2026, Kyauktaw

The price of 24-carat gold has reached around K10 million per tical in Arakan State, while it stands at about K9.9 million per tical in Myanmar's mainland markets, according to gold shop owners.

In December, the price of 24-carat gold was around K9.3 million per tical, but it has now risen to about K10 million per tical.

Currently, 24-carat gold is priced at around K10 million per tical in Arakan State, while 22-carat gold is selling for about K9.4 million per tical in areas under the control of the Arakan Army (AA).

"I sell gold based on its quality. The market is not stable. If there are more buyers, the price goes up, and if there are fewer buyers, the price goes down," said a Kyauktaw resident who works in the gold business.

As of the morning of January 15, the price of 24-carat gold in mainland Myanmar was around K9.9 million per tical, while 22-carat gold stood at about K9.3 million per tical. Prices have also been rising in Arakan State's gold market.

"Yesterday, the price of 24-carat gold was around K9.7 million per tical. Today, depending on the Yangon price, it is around K9.8 million per tical. We are mainly trying to make a profit here, so we cannot always keep up with the Yangon price," said another gold trader, Ko U Tin Tun.

He said the gold market in Arakan State is a private market, unlike the Yangon market.

Another gold trader said sales have declined as prices continue to rise. "People who buy gold are just buying and keeping it. Our shop does not buy much jewellery. There are people who buy and hoard 24-carat gold," he said.

On January 15, global gold prices were close to US$4,600 per ounce, with ongoing international military and political tensions contributing to the upward trend.

In areas controlled by the Arakan Army, where the military regime has blocked transportation routes, residents are also feeling the impact of soaring commodity prices, including gold.