🇲🇬Gold Rate in Madagascar Today
The gold rate in Madagascar today is MGA 641,991,444 per kilogram for 24K, based on an international spot price of $4,641.30 per troy ounce. That is up MGA 8,285,512 from the previous close. The MGA has weakened 1.395% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Gold rate in Madagascar — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MGA 641,991 | MGA 588,492 | MGA 561,743 | MGA 481,494 | MGA 374,495 |
| 1 Troy Ounce (31.1035 g) | MGA 19,968,166 | MGA 18,304,152 | MGA 17,472,145 | MGA 14,976,124 | MGA 11,648,097 |
| 1 Kilogram (1,000 g) | MGA 641,991,444 | MGA 588,492,157 | MGA 561,742,514 | MGA 481,493,583 | MGA 374,495,009 |
All figures in MGA (Ariary). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Gold rate in Madagascar — questions
What is the gold rate in Madagascar today?
The gold rate in Madagascar today is MGA 641,991,444 per kilogram for 24K, and MGA 641,991,444 per kilogram for 24K. These are live figures converted from international spot at the current MGA exchange rate.
What is the price of 1 gram of gold in Madagascar?
One gram of 24K gold costs MGA 641,991 in Madagascar, and 22K costs MGA 588,492 per gram. 18K works out at MGA 481,494.
Why is 22K cheaper than 24K in Madagascar?
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 MGA 53,499 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.