🇮🇩Platinum Rate in Timika Today
The platinum rate in Timika today is Rp32,886,295 per troy ounce for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down Rp299,773 from the previous close. This is the international spot price converted into IDR for Timika. 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 Indonesia's larger markets, with a population of around 142,909. The IDR has weakened 0.308% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Timika — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | Rp1,057,319 | Rp969,209 | Rp925,154 | Rp792,989 | Rp616,769 |
| 1 Troy Ounce (31.1035 g) | Rp32,886,295 | Rp30,145,771 | Rp28,775,508 | Rp24,664,721 | Rp19,183,672 |
| 1 Kilogram (1,000 g) | Rp1,057,318,946 | Rp969,209,034 | Rp925,154,078 | Rp792,989,210 | Rp616,769,385 |
All figures in IDR (Rupiah). 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 Timika — questions
What is the platinum rate in Timika today?
The platinum rate in Timika today is Rp32,886,295 per troy ounce for 24K, and Rp32,886,295 per troy ounce for 24K. These are live figures converted from international spot at the current IDR exchange rate.
What is the price of 1 gram of gold in Timika?
One gram of 24K platinum costs Rp1,057,319 in Timika, and 22K costs Rp969,209 per gram. 18K works out at Rp792,989.
Why is 22K cheaper than 24K in Timika?
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 Rp88,110 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Timika different from other cities?
The underlying metal price is identical everywhere in Indonesia — 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.