🇿🇲Platinum Rate in Chipata Today
The platinum rate in Chipata today is ZMW 847.30 per gram for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down ZMW 7.72 from the previous close. This is the international spot price converted into ZMW for Chipata. 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 Zambia's larger markets, with a population of around 327,059. The ZMW has weakened 1.493% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Chipata — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ZMW 1,130 | ZMW 1,036 | ZMW 988.52 | ZMW 847.30 | ZMW 659.01 |
| 1 Troy Ounce (31.1035 g) | ZMW 35,139 | ZMW 32,211 | ZMW 30,746 | ZMW 26,354 | ZMW 20,498 |
| 1 Kilogram (1,000 g) | ZMW 1,129,738 | ZMW 1,035,593 | ZMW 988,521 | ZMW 847,304 | ZMW 659,014 |
All figures in ZMW (Kwacha). 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 Chipata — questions
What is the platinum rate in Chipata today?
The platinum rate in Chipata today is ZMW 847.30 per gram for 18K, and ZMW 1,130 per gram for 24K. These are live figures converted from international spot at the current ZMW exchange rate.
What is the price of 1 gram of gold in Chipata?
One gram of 24K platinum costs ZMW 1,130 in Chipata, and 22K costs ZMW 1,036 per gram. 18K works out at ZMW 847.30.
Why is 22K cheaper than 24K in Chipata?
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 ZMW 94.14 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Chipata different from other cities?
The underlying metal price is identical everywhere in Zambia — 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.