🇲🇻Platinum Rate in Male Today
The platinum rate in Male today is MVR 804.82 per gram for 21K, based on an international spot price of $1,854.00 per troy ounce. That is down MVR 7.34 from the previous close. This is the international spot price converted into MVR for Male. 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 Maldives's larger markets, with a population of around 103,693. The MVR has weakened 0.688% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Male — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MVR 919.79 | MVR 843.15 | MVR 804.82 | MVR 689.85 | MVR 536.55 |
| 1 Troy Ounce (31.1035 g) | MVR 28,609 | MVR 26,225 | MVR 25,033 | MVR 21,457 | MVR 16,688 |
| 1 Kilogram (1,000 g) | MVR 919,795 | MVR 843,145 | MVR 804,820 | MVR 689,846 | MVR 536,547 |
All figures in MVR (Rufiyaa). 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 Male — questions
What is the platinum rate in Male today?
The platinum rate in Male today is MVR 804.82 per gram for 21K, and MVR 919.79 per gram for 24K. These are live figures converted from international spot at the current MVR exchange rate.
What is the price of 1 gram of gold in Male?
One gram of 24K platinum costs MVR 919.79 in Male, and 22K costs MVR 843.15 per gram. 18K works out at MVR 689.85.
Why is 22K cheaper than 24K in Male?
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 MVR 76.65 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Male different from other cities?
The underlying metal price is identical everywhere in Maldives — 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.