🇪🇷Silver Rate in Asmara Today
The silver rate in Asmara today is ERN 19.18 per gram for 14K, based on an international spot price of $68.20 per troy ounce. That is down ERN 0.1000 from the previous close. This is the international spot price converted into ERN for Asmara. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Eritrea's larger markets, with a population of around 563,930.
Silver rate in Asmara — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ERN 32.89 | ERN 30.15 | ERN 28.78 | ERN 24.67 | ERN 19.18 |
| 1 Troy Ounce (31.1035 g) | ERN 1,023 | ERN 937.68 | ERN 895.06 | ERN 767.19 | ERN 596.71 |
| 1 Kilogram (1,000 g) | ERN 32,888 | ERN 30,147 | ERN 28,777 | ERN 24,666 | ERN 19,185 |
All figures in ERN (Nakfa). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Silver rate in Asmara — questions
What is the silver rate in Asmara today?
The silver rate in Asmara today is ERN 19.18 per gram for 14K, and ERN 32.89 per gram for 24K. These are live figures converted from international spot at the current ERN exchange rate.
What is the price of 1 gram of gold in Asmara?
One gram of 24K silver costs ERN 32.89 in Asmara, and 22K costs ERN 30.15 per gram. 18K works out at ERN 24.67.
Why is 22K cheaper than 24K in Asmara?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ERN 2.74 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Asmara different from other cities?
The underlying metal price is identical everywhere in Eritrea — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.