🇿🇦Platinum Rate in Western Cape Today
The platinum rate in Western Cape today is R954.74 per gram for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down R8.70 from the previous close. Rates across Western Cape follow the national South Africa market, since gold is priced internationally and converted at the same exchange rate.
Platinum rate in Western Cape — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | R954.74 | R875.18 | R835.40 | R716.06 | R556.93 |
| 1 Troy Ounce (31.1035 g) | R29,696 | R27,221 | R25,984 | R22,272 | R17,323 |
| 1 Kilogram (1,000 g) | R954,743 | R875,181 | R835,400 | R716,057 | R556,933 |
All figures in ZAR (Rand). 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 Western Cape — questions
What is the platinum rate in Western Cape today?
The platinum rate in Western Cape today is R954.74 per gram for 24K, and R954.74 per gram for 24K. These are live figures converted from international spot at the current ZAR exchange rate.
What is the price of 1 gram of gold in Western Cape?
One gram of 24K platinum costs R954.74 in Western Cape, and 22K costs R875.18 per gram. 18K works out at R716.06.
Why is 22K cheaper than 24K in Western Cape?
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 R79.56 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.