🇵🇦Platinum Rate in Panama Today
The platinum rate in Panama today is PAB 59,607 per kilogram for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down PAB 543.35 from the previous close.
Platinum rate in Panama — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | PAB 59.61 | PAB 54.64 | PAB 52.16 | PAB 44.71 | PAB 34.77 |
| 1 Troy Ounce (31.1035 g) | PAB 1,854 | PAB 1,700 | PAB 1,622 | PAB 1,391 | PAB 1,082 |
| 1 Kilogram (1,000 g) | PAB 59,607 | PAB 54,640 | PAB 52,157 | PAB 44,706 | PAB 34,771 |
All figures in PAB (Balboa). 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 Panama — questions
What is the platinum rate in Panama today?
The platinum rate in Panama today is PAB 59,607 per kilogram for 24K, and PAB 59,607 per kilogram for 24K. These are live figures converted from international spot at the current PAB exchange rate.
What is the price of 1 gram of gold in Panama?
One gram of 24K platinum costs PAB 59.61 in Panama, and 22K costs PAB 54.64 per gram. 18K works out at PAB 44.71.
Why is 22K cheaper than 24K in Panama?
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 PAB 4.97 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.