🇲🇿Palladium Rate in Matola Today
The palladium rate in Matola today is MZN 2,528 per gram for 22K, based on an international spot price of $1,347.00 per troy ounce. That is down MZN 54.99 from the previous close. This is the international spot price converted into MZN for Matola. 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 Mozambique's larger markets, with a population of around 1,198,988. The MZN has weakened 0.425% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Palladium rate in Matola — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MZN 2,758 | MZN 2,528 | MZN 2,413 | MZN 2,068 | MZN 1,609 |
| 1 Troy Ounce (31.1035 g) | MZN 85,775 | MZN 78,627 | MZN 75,053 | MZN 64,331 | MZN 50,035 |
| 1 Kilogram (1,000 g) | MZN 2,757,725 | MZN 2,527,914 | MZN 2,413,009 | MZN 2,068,293 | MZN 1,608,673 |
All figures in MZN (Metical). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Palladium rate in Matola — questions
What is the palladium rate in Matola today?
The palladium rate in Matola today is MZN 2,528 per gram for 22K, and MZN 2,758 per gram for 24K. These are live figures converted from international spot at the current MZN exchange rate.
What is the price of 1 gram of gold in Matola?
One gram of 24K palladium costs MZN 2,758 in Matola, and 22K costs MZN 2,528 per gram. 18K works out at MZN 2,068.
Why is 22K cheaper than 24K in Matola?
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 MZN 229.81 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Matola different from other cities?
The underlying metal price is identical everywhere in Mozambique — 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.