🇦🇿Platinum Rate in Sumgayit Today
The platinum rate in Sumgayit today is AZN 88.57 per gram for 21K, based on an international spot price of $1,854.00 per troy ounce. That is down AZN 0.8100 from the previous close. This is the international spot price converted into AZN for Sumgayit. 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 Azerbaijan's larger markets, with a population of around 427,000. The AZN has weakened 0.668% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Sumgayit — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | AZN 101.23 | AZN 92.79 | AZN 88.57 | AZN 75.92 | AZN 59.05 |
| 1 Troy Ounce (31.1035 g) | AZN 3,149 | AZN 2,886 | AZN 2,755 | AZN 2,361 | AZN 1,837 |
| 1 Kilogram (1,000 g) | AZN 101,228 | AZN 92,792 | AZN 88,574 | AZN 75,921 | AZN 59,050 |
All figures in AZN (Manat). 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 Sumgayit — questions
What is the platinum rate in Sumgayit today?
The platinum rate in Sumgayit today is AZN 88.57 per gram for 21K, and AZN 101.23 per gram for 24K. These are live figures converted from international spot at the current AZN exchange rate.
What is the price of 1 gram of gold in Sumgayit?
One gram of 24K platinum costs AZN 101.23 in Sumgayit, and 22K costs AZN 92.79 per gram. 18K works out at AZN 75.92.
Why is 22K cheaper than 24K in Sumgayit?
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 AZN 8.44 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Sumgayit different from other cities?
The underlying metal price is identical everywhere in Azerbaijan — 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.