🇲🇲Platinum Rate in Mandalay Today
The platinum rate in Mandalay today is MMK 93,731 per gram for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down MMK 854.40 from the previous close. This is the international spot price converted into MMK for Mandalay. 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 Myanmar's larger markets, with a population of around 1,208,099. The MMK has weakened 0.805% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Mandalay — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MMK 124,975 | MMK 114,561 | MMK 109,353 | MMK 93,731 | MMK 72,902 |
| 1 Troy Ounce (31.1035 g) | MMK 3,887,162 | MMK 3,563,232 | MMK 3,401,267 | MMK 2,915,372 | MMK 2,267,511 |
| 1 Kilogram (1,000 g) | MMK 124,975,170 | MMK 114,560,573 | MMK 109,353,274 | MMK 93,731,378 | MMK 72,902,183 |
All figures in MMK (Kyat). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Mandalay — questions
What is the platinum rate in Mandalay today?
The platinum rate in Mandalay today is MMK 93,731 per gram for 18K, and MMK 124,975 per gram for 24K. These are live figures converted from international spot at the current MMK exchange rate.
What is the price of 1 gram of gold in Mandalay?
One gram of 24K platinum costs MMK 124,975 in Mandalay, and 22K costs MMK 114,561 per gram. 18K works out at MMK 93,731.
Why is 22K cheaper than 24K in Mandalay?
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 MMK 10,415 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Mandalay different from other cities?
The underlying metal price is identical everywhere in Myanmar — 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.