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Gold $4,604.40 Silver $69.11 Platinum $1,887.00 Palladium $1,371.00 per troy ounce · live spot
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🇲🇼Platinum Rate in Malawi Today

The platinum rate in Malawi today is MWK 40,866 per gram for 14K, based on an international spot price of $1,887.00 per troy ounce. That is up MWK 1,219 from the previous close.

14K Platinum · per gram
MWK 40,866
MWK per gram · 1 g
▲ MWK 1,219 (3.07%) vs previous close (COMEX futures)
Spot $1,887.00/oz · 1 USD = 1,154.75 MWK
Last 12 months · 14K per gram
▲ 39.24%
Aug 2025 Aug 2026
COMEX futures closes Low MWK 28,838 High MWK 61,774 255 sessions

Platinum rate in Malawi — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) MWK 70,057 MWK 64,219 MWK 61,300 MWK 52,542 MWK 40,866
1 Troy Ounce (31.1035 g) MWK 2,179,006 MWK 1,997,422 MWK 1,906,630 MWK 1,634,254 MWK 1,271,087
1 Kilogram (1,000 g) MWK 70,056,666 MWK 64,218,611 MWK 61,299,583 MWK 52,542,500 MWK 40,866,389

All figures in MWK (Kwacha). 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 Malawi

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 MWK exchange rate.

Date14K / gramChange%
Fri, 21 Aug 2026 MWK 40,873 +MWK 1,219 3.07%
Thu, 20 Aug 2026 MWK 39,654 +MWK 615.06 1.58%
Wed, 19 Aug 2026 MWK 39,039 +MWK 1,650 4.41%
Tue, 18 Aug 2026 MWK 37,388 -MWK 1,193 -3.09%
Mon, 17 Aug 2026 MWK 38,582 +MWK 682.19 1.80%
Fri, 14 Aug 2026 MWK 37,899 +MWK 537.09 1.44%
Thu, 13 Aug 2026 MWK 37,362 -MWK 777.48 -2.04%
Wed, 12 Aug 2026 MWK 38,140 +MWK 331.35 0.88%
Tue, 11 Aug 2026 MWK 37,808 +MWK 28.16 0.07%
Mon, 10 Aug 2026 MWK 37,780

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Platinum rate in Malawi — questions

What is the platinum rate in Malawi today?

The platinum rate in Malawi today is MWK 40,866 per gram for 14K, and MWK 70,057 per gram for 24K. These are live figures converted from international spot at the current MWK exchange rate.

What is the price of 1 gram of gold in Malawi?

One gram of 24K platinum costs MWK 70,057 in Malawi, and 22K costs MWK 64,219 per gram. 18K works out at MWK 52,542.

Why is 22K cheaper than 24K in Malawi?

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 MWK 5,838 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 7 minutes ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Malawi price above is that spot price converted into MWK at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the MWK moved.