🇪🇹Platinum Rate in Ethiopia Today
The platinum rate in Ethiopia today is ETB 8,794 per gram for 22K, based on an international spot price of $1,854.00 per troy ounce. That is down ETB 80.16 from the previous close. The ETB has weakened 0.231% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Ethiopia — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ETB 9,593 | ETB 8,794 | ETB 8,394 | ETB 7,195 | ETB 5,596 |
| 1 Troy Ounce (31.1035 g) | ETB 298,378 | ETB 273,513 | ETB 261,081 | ETB 223,784 | ETB 174,054 |
| 1 Kilogram (1,000 g) | ETB 9,593,086 | ETB 8,793,662 | ETB 8,393,950 | ETB 7,194,814 | ETB 5,595,967 |
All figures in ETB (Birr). 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 Ethiopia — questions
What is the platinum rate in Ethiopia today?
The platinum rate in Ethiopia today is ETB 8,794 per gram for 22K, and ETB 9,593 per gram for 24K. These are live figures converted from international spot at the current ETB exchange rate.
What is the price of 1 gram of gold in Ethiopia?
One gram of 24K platinum costs ETB 9,593 in Ethiopia, and 22K costs ETB 8,794 per gram. 18K works out at ETB 7,195.
Why is 22K cheaper than 24K in Ethiopia?
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 ETB 799.42 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
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.