🇵🇬Platinum Rate in Papua New Guinea Today
The platinum rate in Papua New Guinea today is PGK 8,278 per troy ounce for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down PGK 75.46 from the previous close. The PGK has weakened 1.612% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Papua New Guinea — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | PGK 266.14 | PGK 243.96 | PGK 232.87 | PGK 199.60 | PGK 155.25 |
| 1 Troy Ounce (31.1035 g) | PGK 8,278 | PGK 7,588 | PGK 7,243 | PGK 6,208 | PGK 4,829 |
| 1 Kilogram (1,000 g) | PGK 266,139 | PGK 243,960 | PGK 232,871 | PGK 199,604 | PGK 155,247 |
All figures in PGK (Kina). 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 Papua New Guinea — questions
What is the platinum rate in Papua New Guinea today?
The platinum rate in Papua New Guinea today is PGK 8,278 per troy ounce for 24K, and PGK 8,278 per troy ounce for 24K. These are live figures converted from international spot at the current PGK exchange rate.
What is the price of 1 gram of gold in Papua New Guinea?
One gram of 24K platinum costs PGK 266.14 in Papua New Guinea, and 22K costs PGK 243.96 per gram. 18K works out at PGK 199.60.
Why is 22K cheaper than 24K in Papua New Guinea?
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 PGK 22.18 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.