Police say a 35-year-old man stabbed during an argument in the Goldfields has died in a Perth hospital.

Police say he was stabbed during an argument with another man in President Street, Kalgoorlie on Friday night.

He was airlifted to Royal Perth Hospital but has since died.

A 32 year-old man has been charged with causing grievous bodily harm.

Police say the charge may be upgraded once a post mortem examination has been carried out on the victim.