Gold Prices in Ethiopia

Gold prices on the website are updated every 30 seconds.
Prices are displayed in the local currency and USD.

KaratOunceGram
24
ETB: 446,673.86
USD: 3,327.87
ETB: 14,360.89
USD: 106.99
22
ETB: 409,451.04
USD: 3,050.55
ETB: 13,164.15
USD: 98.08
21
ETB: 390,839.63
USD: 2,911.89
ETB: 12,565.78
USD: 93.62
18
ETB: 335,005.40
USD: 2,495.90
ETB: 10,770.67
USD: 80.25
14
ETB: 260,559.75
USD: 1,941.26
ETB: 8,377.18
USD: 62.41
The website retrieves gold prices through Almurakib, a specialist in evaluating the best trading companies.

Gold Price Analysis

Here is a comprehensive analysis of gold prices, featuring detailed and up-to-date daily, weekly, and monthly changes.
  • Price increased by 1.18% (5,259.05 ETB) compared to yesterday.
  • Price decreased by 0.03% (132.51 ETB) compared to last week.
  • Price increased by 5.05% (21,760.72 ETB) compared to last month.

Gold Purchase Calculator

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Gram/Ounce Converter

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Gold Price Chart

Track gold price fluctuations over the past 365 days for both grams and ounces, in local currency and USD.

FAQ

Published daily based on LBMA London rates and the ETB/USD parallel rate. 

The National Bank of Ethiopia issues a daily gold price notice. 

In Merkato’s gold district and licensed jewelry malls. 

Post‑harvest cash reserves often flow into gold as an inflation hedge. 

Yes—it is a traditional store of value in rural and urban areas alike. 

Popular Gold Bullion Prices Worldwide

Gold bullion is one of the most trusted forms of safe investment, typically made of 24K pure gold (999.9). The table below presents estimated prices for the most commonly traded bullion weights around the world, based on real-time international gold rates.
WeightPrice in USDPrice in ETB
Ounce$3,327.87ETB: 446,673.86
Gram$106.99ETB: 14,360.89
2.5 Gram$267.48ETB: 35,902.22
5 Gram$534.97ETB: 71,804.44
10 Gram$1,069.93ETB: 143,608.87
50 Gram$5,349.67ETB: 718,044.37
100 Gram$10,699.34ETB: 1,436,088.75
Half Kilogram$53,496.70ETB: 7,180,443.73
Kilogram$106,993.39ETB: 14,360,887.46

Gold in Ethiopia

Gold in Ethiopia is a radiant symbol of national heritage, deep spirituality, and rapidly evolving economic savvy. In cities like Addis Ababa and the historic town of Gondar, gold jewelry is crafted by master artisans who utilize techniques that have been passed down through countless generations. These pieces, marked by intricate filigree and symbolic motifs often inspired by Ethiopia’s rich religious and cultural traditions, are indispensable during community celebrations, weddings, and religious ceremonies—acting as heirlooms that carry forward legacies of pride and continuity. Alongside its aesthetic and cultural significance, gold also functions as a reliable form of wealth preservation—a safeguard against economic uncertainties in a dynamic market. Modern digital platforms now provide real-time updates on international gold prices, enhancing the transparency and efficiency of local transactions. Government quality controls further validate that every piece meets strict purity standards. By fusing ancient artistry with modern financial innovation, Ethiopia’s gold market not only celebrates the nation’s illustrious past but also paves the path for a secure, prosperous future. Every glimmering artifact thus encapsulates both a treasured heritage and a steadfast economic promise.

Gold Rates in the Africa