🇪🇷Platinum Rate in Maekel Today
The platinum rate in Maekel today is ERN 894.11 per gram for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down ERN 8.15 from the previous close. Rates across Maekel follow the national Eritrea market, since gold is priced internationally and converted at the same exchange rate.
Platinum rate in Maekel — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ERN 894.11 | ERN 819.60 | ERN 782.35 | ERN 670.58 | ERN 521.57 |
| 1 Troy Ounce (31.1035 g) | ERN 27,810 | ERN 25,493 | ERN 24,334 | ERN 20,858 | ERN 16,223 |
| 1 Kilogram (1,000 g) | ERN 894,112 | ERN 819,603 | ERN 782,348 | ERN 670,584 | ERN 521,565 |
All figures in ERN (Nakfa). 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 Maekel — questions
What is the platinum rate in Maekel today?
The platinum rate in Maekel today is ERN 894.11 per gram for 24K, and ERN 894.11 per gram for 24K. These are live figures converted from international spot at the current ERN exchange rate.
What is the price of 1 gram of gold in Maekel?
One gram of 24K platinum costs ERN 894.11 in Maekel, and 22K costs ERN 819.60 per gram. 18K works out at ERN 670.58.
Why is 22K cheaper than 24K in Maekel?
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 ERN 74.51 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.