🇪🇹Gold Rate in Mek'ele Today
The gold rate in Mek'ele today is ETB 13,950 per gram for 14K, based on an international spot price of $4,604.40 per troy ounce. That is up ETB 326.61 from the previous close. This is the international spot price converted into ETB for Mek'ele. 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 Ethiopia's larger markets, with a population of around 457,900.
Gold rate in Mek'ele — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ETB 23,914 | ETB 21,921 | ETB 20,925 | ETB 17,936 | ETB 13,950 |
| 1 Troy Ounce (31.1035 g) | ETB 743,819 | ETB 681,834 | ETB 650,841 | ETB 557,864 | ETB 433,894 |
| 1 Kilogram (1,000 g) | ETB 23,914,325 | ETB 21,921,464 | ETB 20,925,034 | ETB 17,935,743 | ETB 13,950,023 |
All figures in ETB (Birr). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Last 10 days · 14K per gram in Mek'ele
Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current ETB exchange rate.
| Date | 14K / gram | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | ETB 14,010 | +ETB 326.61 | 2.39% |
| Thu, 20 Aug 2026 | ETB 13,683 | +ETB 81.49 | 0.60% |
| Wed, 19 Aug 2026 | ETB 13,602 | +ETB 373.87 | 2.83% |
| Tue, 18 Aug 2026 | ETB 13,228 | -ETB 156.94 | -1.17% |
| Mon, 17 Aug 2026 | ETB 13,385 | +ETB 113.31 | 0.85% |
| Fri, 14 Aug 2026 | ETB 13,271 | +ETB 50.90 | 0.39% |
| Thu, 13 Aug 2026 | ETB 13,220 | -ETB 137.24 | -1.03% |
| Wed, 12 Aug 2026 | ETB 13,358 | +ETB 78.47 | 0.59% |
| Tue, 11 Aug 2026 | ETB 13,279 | +ETB 64.23 | 0.49% |
| Mon, 10 Aug 2026 | ETB 13,215 | — | — |
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Gold rate in Mek'ele — questions
What is the gold rate in Mek'ele today?
The gold rate in Mek'ele today is ETB 13,950 per gram for 14K, and ETB 23,914 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 Mek'ele?
One gram of 24K gold costs ETB 23,914 in Mek'ele, and 22K costs ETB 21,921 per gram. 18K works out at ETB 17,936.
Why is 22K cheaper than 24K in Mek'ele?
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 1,993 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Mek'ele different from other cities?
The underlying metal price is identical everywhere in Ethiopia — 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 51 seconds ago. Exchange rates refresh alongside it.