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Gold $4,641.30 ▲0.80% Silver $68.20 ▼1.32% Platinum $1,854.00 ▼1.75% Palladium $1,347.00 ▼1.75% per troy ounce · live spot
Live · updated 1 month ago

🇬🇲Platinum Rate in Serekunda Today

The platinum rate in Serekunda today is GMD 138,426 per troy ounce for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down GMD 1,262 from the previous close. This is the international spot price converted into GMD for Serekunda. 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 Gambia's larger markets, with a population of around 340,000. The GMD has weakened 0.708% against the US dollar since the previous session, which moves the local price independently of the metal itself.

24K Platinum · per troy ounce
GMD 138,426
GMD per troy ounce · 31.1035 g
▼ GMD 1,262 (0.90%) vs previous close (COMEX futures)
Spot $1,854.00/oz · 1 USD = 74.6634 GMD
Last 12 months · 24K per troy ounce
▲ 16.28%
Oct 2025 Aug 2026
COMEX futures closes Low GMD 112,294 High GMD 212,970 217 sessions

Platinum rate in Serekunda — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) GMD 4,450 GMD 4,080 GMD 3,894 GMD 3,338 GMD 2,596
1 Troy Ounce (31.1035 g) GMD 138,426 GMD 126,890 GMD 121,123 GMD 103,819 GMD 80,748
1 Kilogram (1,000 g) GMD 4,450,495 GMD 4,079,621 GMD 3,894,183 GMD 3,337,872 GMD 2,596,122

All figures in GMD (Dalasi). 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 Serekunda — questions

What is the platinum rate in Serekunda today?

The platinum rate in Serekunda today is GMD 138,426 per troy ounce for 24K, and GMD 138,426 per troy ounce for 24K. These are live figures converted from international spot at the current GMD exchange rate.

What is the price of 1 gram of gold in Serekunda?

One gram of 24K platinum costs GMD 4,450 in Serekunda, and 22K costs GMD 4,080 per gram. 18K works out at GMD 3,338.

Why is 22K cheaper than 24K in Serekunda?

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 GMD 370.87 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

Is the gold rate in Serekunda different from other cities?

The underlying metal price is identical everywhere in Gambia — 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.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Serekunda price above is that spot price converted into GMD at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the GMD moved.