🇲🇦Platinum Rate in Mohammedia Today
The platinum rate in Mohammedia today is MAD413.75 per gram for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down MAD3.77 from the previous close. This is the international spot price converted into MAD for Mohammedia, Casablanca-Settat. 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 Morocco's larger markets, with a population of around 227,799. The MAD has weakened 0.497% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Mohammedia — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MAD551.66 | MAD505.69 | MAD482.71 | MAD413.75 | MAD321.80 |
| 1 Troy Ounce (31.1035 g) | MAD17,159 | MAD15,729 | MAD15,014 | MAD12,869 | MAD10,009 |
| 1 Kilogram (1,000 g) | MAD551,663 | MAD505,691 | MAD482,705 | MAD413,747 | MAD321,803 |
All figures in MAD (Dirham). 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 Mohammedia — questions
What is the platinum rate in Mohammedia today?
The platinum rate in Mohammedia today is MAD413.75 per gram for 18K, and MAD551.66 per gram for 24K. These are live figures converted from international spot at the current MAD exchange rate.
What is the price of 1 gram of gold in Mohammedia?
One gram of 24K platinum costs MAD551.66 in Mohammedia, and 22K costs MAD505.69 per gram. 18K works out at MAD413.75.
Why is 22K cheaper than 24K in Mohammedia?
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 MAD45.97 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Mohammedia different from other cities?
The underlying metal price is identical everywhere in Morocco — 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.