🇲🇬Palladium Rate in Mahajanga Today
The palladium rate in Mahajanga today is MGA 139,739 per gram for 18K, based on an international spot price of $1,347.00 per troy ounce. That is down MGA 3,040 from the previous close. This is the international spot price converted into MGA for Mahajanga. 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 Madagascar's larger markets, with a population of around 260,556. The MGA has weakened 1.395% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Palladium rate in Mahajanga — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MGA 186,319 | MGA 170,792 | MGA 163,029 | MGA 139,739 | MGA 108,686 |
| 1 Troy Ounce (31.1035 g) | MGA 5,795,170 | MGA 5,312,239 | MGA 5,070,773 | MGA 4,346,377 | MGA 3,380,516 |
| 1 Kilogram (1,000 g) | MGA 186,319,030 | MGA 170,792,444 | MGA 163,029,151 | MGA 139,739,272 | MGA 108,686,101 |
All figures in MGA (Ariary). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Palladium rate in Mahajanga — questions
What is the palladium rate in Mahajanga today?
The palladium rate in Mahajanga today is MGA 139,739 per gram for 18K, and MGA 186,319 per gram for 24K. These are live figures converted from international spot at the current MGA exchange rate.
What is the price of 1 gram of gold in Mahajanga?
One gram of 24K palladium costs MGA 186,319 in Mahajanga, and 22K costs MGA 170,792 per gram. 18K works out at MGA 139,739.
Why is 22K cheaper than 24K in Mahajanga?
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 MGA 15,527 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Mahajanga different from other cities?
The underlying metal price is identical everywhere in Madagascar — 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.