Karat | Ounce | Gram |
---|---|---|
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 |
Gold Price Analysis
- ▲ 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.
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FAQ
What is today’s gold price per gram in Ethiopia?
Published daily based on LBMA London rates and the ETB/USD parallel rate.
Who publishes the official gold rates in Ethiopia?
The National Bank of Ethiopia issues a daily gold price notice.
Where can investors trade gold in Addis Ababa?
In Merkato’s gold district and licensed jewelry malls.
How does harvest season influence gold purchases?
Post‑harvest cash reserves often flow into gold as an inflation hedge.
Is gold considered a safe investment in Ethiopia?
Yes—it is a traditional store of value in rural and urban areas alike.
Popular Gold Bullion Prices Worldwide
Weight | Price in USD | Price in ETB |
---|---|---|
Ounce | $3,327.87 | ETB: 446,673.86 |
Gram | $106.99 | ETB: 14,360.89 |
2.5 Gram | $267.48 | ETB: 35,902.22 |
5 Gram | $534.97 | ETB: 71,804.44 |
10 Gram | $1,069.93 | ETB: 143,608.87 |
50 Gram | $5,349.67 | ETB: 718,044.37 |
100 Gram | $10,699.34 | ETB: 1,436,088.75 |
Half Kilogram | $53,496.70 | ETB: 7,180,443.73 |
Kilogram | $106,993.39 | ETB: 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.