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🇳🇴 Gold Price Today in Norway | kr44,290
Live gold price in Norwegian Krone (NOK) — updated every 5 minutes
Last updated: Jun 19, 2026, 12:40 AM ET
Per Gram (NOK)
kr1,423.95
Per Troy Oz (NOK)
kr44,290
Per Kg (NOK)
kr1,423,948
USD/Gold Spot
$4,139.23/oz
USD/NOK Rate
1 USD = 10.7 NOK
NOK per gram
kr1,423.95
Gold Market in Norway
Norway holds unique financial status globally through its Government Pension Fund Global (GPFG) — the world's largest sovereign wealth fund at over $1.7 trillion. Interestingly, this fund does NOT invest in gold, preferring equities, fixed income, and real estate. Norges Bank holds approximately 33 tonnes of gold as official reserves.
Why do people in Norway buy gold?
Norwegian retail investors have historically favoured the oil-correlated krone and domestic equities, but gold has gained interest as diversification against oil price cycles. Norway's massive sovereign wealth fund creates a unique context where gold can fill a gap — the fund avoids gold, so private citizens seeking non-correlated assets must access it independently.
Frequently Asked Questions — Gold in Norway
What is the gold price in Norway today in krone?
Norwegian gold prices in NOK are published by Tavex (with Norwegian operations) and international dealers. USD gold spot converted at the USD/NOK rate gives the krone price.
Why doesn't the Norwegian sovereign wealth fund invest in gold?
The Government Pension Fund Global (GPFG) has a mandate focused on listed equities, bonds, and real estate. Gold was historically considered too volatile and non-income-generating for the fund's long-term objectives. This is a deliberate policy choice, not a legal restriction.
Is there VAT on gold in Norway?
Norway is not in the EU but follows similar rules. Investment gold (qualifying purity bars and coins) is VAT-exempt in Norway. Gold jewellery is subject to 25% Norwegian MVA (VAT).
Where can I buy gold in Norway?
Tavex has offices in Oslo. International dealers shipping to Norway include BullionByPost and European bullion platforms. Oslo Gullbørs (Oslo Gold Exchange) and local numismatic dealers also serve Norwegian buyers.