🇲🇬Platinum Rate in Toamasina Today
The platinum rate in Toamasina today is MGA 7,791,985 per troy ounce for 24K, based on an international spot price of $1,887.00 per troy ounce. That is up MGA 232,479 from the previous close. This is the international spot price converted into MGA for Toamasina. 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 Madagascar's larger markets, with a population of around 345,107.
Platinum rate in Toamasina — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MGA 250,518 | MGA 229,642 | MGA 219,203 | MGA 187,889 | MGA 146,136 |
| 1 Troy Ounce (31.1035 g) | MGA 7,791,985 | MGA 7,142,653 | MGA 6,817,987 | MGA 5,843,988 | MGA 4,545,324 |
| 1 Kilogram (1,000 g) | MGA 250,518,122 | MGA 229,641,612 | MGA 219,203,357 | MGA 187,888,592 | MGA 146,135,571 |
All figures in MGA (Ariary). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Last 10 days · 24K per troy ounce in Toamasina
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 MGA exchange rate.
| Date | 24K / troy ounce | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | MGA 7,793,223 | +MGA 232,479 | 3.07% |
| Thu, 20 Aug 2026 | MGA 7,560,744 | +MGA 117,272 | 1.58% |
| Wed, 19 Aug 2026 | MGA 7,443,472 | +MGA 314,652 | 4.41% |
| Tue, 18 Aug 2026 | MGA 7,128,819 | -MGA 227,524 | -3.09% |
| Mon, 17 Aug 2026 | MGA 7,356,344 | +MGA 130,073 | 1.80% |
| Fri, 14 Aug 2026 | MGA 7,226,271 | +MGA 102,407 | 1.44% |
| Thu, 13 Aug 2026 | MGA 7,123,864 | -MGA 148,242 | -2.04% |
| Wed, 12 Aug 2026 | MGA 7,272,106 | +MGA 63,178 | 0.88% |
| Tue, 11 Aug 2026 | MGA 7,208,928 | +MGA 5,368 | 0.07% |
| Mon, 10 Aug 2026 | MGA 7,203,560 | — | — |
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Platinum rate in Toamasina — questions
What is the platinum rate in Toamasina today?
The platinum rate in Toamasina today is MGA 7,791,985 per troy ounce for 24K, and MGA 7,791,985 per troy ounce for 24K. These are live figures converted from international spot at the current MGA exchange rate.
What is the price of 1 gram of gold in Toamasina?
One gram of 24K platinum costs MGA 250,518 in Toamasina, and 22K costs MGA 229,642 per gram. 18K works out at MGA 187,889.
Why is 22K cheaper than 24K in Toamasina?
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 MGA 20,877 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Toamasina different from other cities?
The underlying metal price is identical everywhere in Madagascar — 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 minute ago. Exchange rates refresh alongside it.