Gold price per troy ounce in Ethiopia
On November 5, 2026, one troy ounce of 24K gold in Ethiopia is worth 665,568 ETB; 22K is 609,661 ETB and 18K is 499,176 ETB.
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Price per troy ounce in ETB by karat
| Karat | Per troy ounce | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 665,568 | 20,970.55 | 21,826.49 |
| 22K916 | 609,661 | 19,209.02 | 19,993.06 |
| 21K875 | 582,372 | 18,349.23 | 19,098.18 |
| 18K750 | 499,176 | 15,727.91 | 16,369.86 |
| 14K585 | 389,357 | 12,267.77 | 12,768.49 |
| 10K417 | 277,542 | 8,744.72 | 9,101.64 |
| 9K375 | 249,588 | 7,863.95 | 8,184.93 |
About this unit
Gold is priced internationally per troy ounce, which equals 31.1035 grams — about 10% heavier than the ordinary (avoirdupois) ounce of 28.35 g.
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ETB exchange rate
| 1 USD | 162.0491 ETB |
|---|---|
| 1 EUR | 182.0957 ETB |
| 1 GBP | 218.3021 ETB |
Gold spot price trend (USD/oz)
How the gold price in Ethiopia is calculated
We take the live spot price of 4,107.20 USD per troy ounce, divide it by 31.1035 to get 132.05 USD per gram of pure gold, and multiply by today’s exchange rate of 162.0491 ETB per dollar. That gives 21,398.52 ETB per gram for 24K. Lower karats are priced by their gold content.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in Ethiopia
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