Gold Price in Ethiopia (ETB)
Enter a weight to value gold by the troy ounce for buyers and sellers in Ethiopia, at any purity, priced from the live gold market. Priced in Ethiopian Birr directly by the rates API — gold is quoting ETB 652,486.91 per troy ounce.
Value of 1 ozt of Gold
ETB 652,421.66
ETB 652,421.66 per troy ounce · ETB 20,975.84 per gram
652,486.91 ÷ 31.1034768 × 0.9999 × 31.1035 = ETB 652,421.66
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 | ETB 20,977.94 |
| 10 grams | 10 g | ETB 209,779.41 |
| Kilo | 1,000 g | ETB 20,977,941.22 |
| Troy ounce | 31.1034768 g | ETB 652,486.91 |
| Tola | 11.6638038 g | ETB 244,682.59 |
| Pennyweight | 1.5551738 g | ETB 32,624.35 |
| Baht (gold bar) | 15.244 g | ETB 319,787.74 |
| Bhori | 11.6638038 g | ETB 244,682.59 |
| Masha | 0.9719837 g | ETB 20,390.22 |
| Ratti | 0.121498 g | ETB 2,548.78 |
| Grain | 0.0647989 g | ETB 1,359.35 |
| Sovereign (fine gold) | 7.32238 g | ETB 153,608.46 |
| Tael (Hong Kong) | 37.7994 g | ETB 792,953.59 |
| Tael (Taiwan) | 37.5 g | ETB 786,672.80 |
| Tael / liang (mainland) | 50 g | ETB 1,048,897.06 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | ETB 652,421.66 |
| 22 carat (916) | 91.67% pure | ETB 598,113.00 |
| 21 carat (875) | 87.50% pure | ETB 570,926.04 |
| 20 carat (833) | 83.33% pure | ETB 543,739.09 |
| 18 carat (750) | 75.00% pure | ETB 489,365.18 |
| 16 carat (667) | 66.67% pure | ETB 434,991.27 |
| 14 carat (585) | 58.33% pure | ETB 380,617.36 |
| 12 carat (500) | 50.00% pure | ETB 326,243.45 |
| 10 carat (417) | 41.67% pure | ETB 271,869.55 |
| 9 carat (375) | 37.50% pure | ETB 244,682.59 |
| 8 carat (333) | 33.33% pure | ETB 217,495.64 |
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 Ethiopia. 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 gold worth today?
1 troy ounce is worth about ETB 652,486.91, from a spot price of ETB 652,486.91 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.
How do I price gold at a lower purity?
Pick the purity in the calculator above, or open that grade's own page. Pure gold is ETB 20,977.94 per gram right now, and every other grade is that figure times its fineness — the table on this page prices each one.
Is this the same as the gold rate quoted in Ethiopia?
Not exactly. This converts the international spot price into Ethiopian Birr at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Ethiopia 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.