🇪🇹Platinum Rate in Mek'ele Today
The platinum rate in Mek'ele today is ETB 9,741 per gram for 24K, based on an international spot price of $1,887.00 per troy ounce. That is up ETB 334.00 from the previous close. This is the international spot price converted into ETB for Mek'ele, Tigray. 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. The ETB has strengthened 0.606% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Mek'ele — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ETB 9,741 | ETB 8,930 | ETB 8,524 | ETB 7,306 | ETB 5,682 |
| 1 Troy Ounce (31.1035 g) | ETB 302,990 | ETB 277,740 | ETB 265,116 | ETB 227,242 | ETB 176,744 |
| 1 Kilogram (1,000 g) | ETB 9,741,340 | ETB 8,929,561 | ETB 8,523,672 | ETB 7,306,005 | ETB 5,682,448 |
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 · 24K 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 | 24K / gram | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | ETB 9,786 | +ETB 334.00 | 3.53% |
| Thu, 20 Aug 2026 | ETB 9,452 | +ETB 146.61 | 1.58% |
| Wed, 19 Aug 2026 | ETB 9,306 | +ETB 393.37 | 4.41% |
| Tue, 18 Aug 2026 | ETB 8,912 | -ETB 284.44 | -3.09% |
| Mon, 17 Aug 2026 | ETB 9,197 | +ETB 162.61 | 1.80% |
| Fri, 14 Aug 2026 | ETB 9,034 | +ETB 128.03 | 1.44% |
| Thu, 13 Aug 2026 | ETB 8,906 | -ETB 185.33 | -2.04% |
| Wed, 12 Aug 2026 | ETB 9,091 | +ETB 78.98 | 0.88% |
| Tue, 11 Aug 2026 | ETB 9,012 | +ETB 6.71 | 0.07% |
| Mon, 10 Aug 2026 | ETB 9,006 | — | — |
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Platinum rate in Mek'ele — questions
What is the platinum rate in Mek'ele today?
The platinum rate in Mek'ele today is ETB 9,741 per gram for 24K, and ETB 9,741 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 platinum costs ETB 9,741 in Mek'ele, and 22K costs ETB 8,930 per gram. 18K works out at ETB 7,306.
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 811.78 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 2 hours ago. Exchange rates refresh alongside it.