🇪🇹Platinum Rate in Somali Today
The platinum rate in Somali today is ETB 9,593 per gram for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down ETB 87.44 from the previous close. Rates across Somali follow the national Ethiopia market, since gold is priced internationally and converted at the same exchange rate. The ETB has weakened 0.231% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Somali — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ETB 9,593 | ETB 8,794 | ETB 8,394 | ETB 7,195 | ETB 5,596 |
| 1 Troy Ounce (31.1035 g) | ETB 298,378 | ETB 273,513 | ETB 261,081 | ETB 223,784 | ETB 174,054 |
| 1 Kilogram (1,000 g) | ETB 9,593,086 | ETB 8,793,662 | ETB 8,393,950 | ETB 7,194,814 | ETB 5,595,967 |
All figures in ETB (Birr). 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 Somali — questions
What is the platinum rate in Somali today?
The platinum rate in Somali today is ETB 9,593 per gram for 24K, and ETB 9,593 per gram for 24K. These are live figures converted from international spot at the current ETB exchange rate.
What is the price of 1 gram of gold in Somali?
One gram of 24K platinum costs ETB 9,593 in Somali, and 22K costs ETB 8,794 per gram. 18K works out at ETB 7,195.
Why is 22K cheaper than 24K in Somali?
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 ETB 799.42 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.