22k Gold Price in Eritrea (ERN)
Enter a weight to value 22k gold by the troy ounce for buyers and sellers in Eritrea, priced from the live gold market. 22 carat (916) is 91.67% gold, and every figure below is priced at that fineness. Priced in Eritrean Nakfa directly by the rates API — gold is quoting ERN 60,568.65 per troy ounce.
Value of 1 ozt of 22k Gold
ERN 55,521.26
ERN 55,521.26 per troy ounce · ERN 1,785.05 per gram
60,568.65 ÷ 31.1034768 × 0.9167 × 31.1035 = ERN 55,521.26
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Gold value by unit
One of each measure, at the current gold price.
| Measure | Detail | Value |
|---|---|---|
| Gram | 1 g | ERN 1,785.05 |
| 10 grams | 10 g | ERN 17,850.50 |
| Kilo | 1,000 g | ERN 1,785,050.04 |
| Troy ounce | 31.1034768 g | ERN 55,521.26 |
| Tola | 11.6638038 g | ERN 20,820.47 |
| Pennyweight | 1.5551738 g | ERN 2,776.06 |
| Baht (gold bar) | 15.244 g | ERN 27,211.30 |
| Bhori | 11.6638038 g | ERN 20,820.47 |
| Masha | 0.9719837 g | ERN 1,735.04 |
| Ratti | 0.121498 g | ERN 216.88 |
| Grain | 0.0647989 g | ERN 115.67 |
| Sovereign (fine gold) | 7.32238 g | ERN 13,070.81 |
| Tael (Hong Kong) | 37.7994 g | ERN 67,473.82 |
| Tael (Taiwan) | 37.5 g | ERN 66,939.38 |
| Tael / liang (mainland) | 50 g | ERN 89,252.50 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | ERN 60,562.59 |
| 22 carat (916) | 91.67% pure | ERN 55,521.26 |
| 21 carat (875) | 87.50% pure | ERN 52,997.57 |
| 20 carat (833) | 83.33% pure | ERN 50,473.88 |
| 18 carat (750) | 75.00% pure | ERN 45,426.49 |
| 16 carat (667) | 66.67% pure | ERN 40,379.10 |
| 14 carat (585) | 58.33% pure | ERN 35,331.71 |
| 12 carat (500) | 50.00% pure | ERN 30,284.33 |
| 10 carat (417) | 41.67% pure | ERN 25,236.94 |
| 9 carat (375) | 37.50% pure | ERN 22,713.24 |
| 8 carat (333) | 33.33% pure | ERN 20,189.55 |
The same figure in other currencies
Every currency the rates API supports is available in the calculator above — pick it from the list and the figure is re-quoted in that currency without leaving this page.
How this is calculated
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied. Gold trades per troy ounce, so every figure here starts from that quote and is converted with the factor shown next to the result.
This is the spot-derived value, not the shop counter price in Eritrea. Local retail rates are set by the jewellers' association and usually sit above this figure once making charges and duty are added.
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Every unit — gram, ounce, tola, masha, tael, sovereign — is available in the calculator above without leaving the page.
Common questions
How much is 1 troy ounce of 22k gold worth today?
1 troy ounce is worth about ERN 55,521.26, from a spot price of ERN 60,568.65 per troy ounce.
How many grams are in 1 troy ounce?
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied.
What does 22k mean?
22 carat is 91.67% gold, stamped 916. The standard for jewellery across India, Pakistan and the Gulf. At today's market that works out to ERN 1,785.05 per gram.
Is this the same as the 22k gold rate quoted in Eritrea?
Not exactly. This converts the international spot price into Eritrean Nakfa at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Eritrea is normally higher.
How often does this price update?
Every 15 minutes. The figure on this page is a cached quote and can be up to 15 minutes behind the market, and the timestamp above it always states when the price was actually taken. For real-time rates, request the same data from the CommodityPriceAPI directly.