🇱🇷Platinum Rate in Monrovia Today
The platinum rate in Monrovia today is LRD 10,804,635 per kilogram for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down LRD 98,489 from the previous close. This is the international spot price converted into LRD for Monrovia. 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 Liberia's larger markets, with a population of around 1,542,549. The LRD has weakened 1.016% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Monrovia — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | LRD 10,805 | LRD 9,904 | LRD 9,454 | LRD 8,103 | LRD 6,303 |
| 1 Troy Ounce (31.1035 g) | LRD 336,062 | LRD 308,057 | LRD 294,054 | LRD 252,046 | LRD 196,036 |
| 1 Kilogram (1,000 g) | LRD 10,804,635 | LRD 9,904,249 | LRD 9,454,055 | LRD 8,103,476 | LRD 6,302,704 |
All figures in LRD (Dollar). 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 Monrovia — questions
What is the platinum rate in Monrovia today?
The platinum rate in Monrovia today is LRD 10,804,635 per kilogram for 24K, and LRD 10,804,635 per kilogram for 24K. These are live figures converted from international spot at the current LRD exchange rate.
What is the price of 1 gram of gold in Monrovia?
One gram of 24K platinum costs LRD 10,805 in Monrovia, and 22K costs LRD 9,904 per gram. 18K works out at LRD 8,103.
Why is 22K cheaper than 24K in Monrovia?
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 LRD 900.39 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Monrovia different from other cities?
The underlying metal price is identical everywhere in Liberia — 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.