🇹🇿Platinum Rate in Sumbawanga Today
The platinum rate in Sumbawanga today is TZS 136,530 per gram for 21K, based on an international spot price of $1,854.00 per troy ounce. That is down TZS 1,245 from the previous close. This is the international spot price converted into TZS for Sumbawanga. 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 Tanzania's larger markets, with a population of around 303,986.
Platinum rate in Sumbawanga — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | TZS 156,034 | TZS 143,031 | TZS 136,530 | TZS 117,025 | TZS 91,020 |
| 1 Troy Ounce (31.1035 g) | TZS 4,853,195 | TZS 4,448,762 | TZS 4,246,546 | TZS 3,639,896 | TZS 2,831,031 |
| 1 Kilogram (1,000 g) | TZS 156,033,848 | TZS 143,031,027 | TZS 136,529,617 | TZS 117,025,386 | TZS 91,019,744 |
All figures in TZS (Shilling). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Browse Platinum rates in Tanzania
By karat
By weight
Cities in Tanzania
Analysis
Other metals in Sumbawanga
Platinum rate in Sumbawanga — questions
What is the platinum rate in Sumbawanga today?
The platinum rate in Sumbawanga today is TZS 136,530 per gram for 21K, and TZS 156,034 per gram for 24K. These are live figures converted from international spot at the current TZS exchange rate.
What is the price of 1 gram of gold in Sumbawanga?
One gram of 24K platinum costs TZS 156,034 in Sumbawanga, and 22K costs TZS 143,031 per gram. 18K works out at TZS 117,025.
Why is 22K cheaper than 24K in Sumbawanga?
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 TZS 13,003 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Sumbawanga different from other cities?
The underlying metal price is identical everywhere in Tanzania — 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.