๐Ÿ‡ช๐Ÿ‡น Ethiopia

Platinum Price in Ethiopia Today (ETB)

Live platinum spot rate in Ethiopia, quoted in ETB. Updated every minute.

Platinum per Gram

Br9,427.05

ETB ยท Ethiopia ยท updated live

Platinum / Gram

Br9,427.05

Platinum / Troy Ounce

Br293,213.91

Platinum / Tola

Br109,955.18

Platinum / Kilogram

Br9,427,046.19

Platinum price in Ethiopia by unit

Global platinum per unit

About platinum in Ethiopia

Platinum market in Ethiopia

The platinum market in Ethiopia tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into ETB using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.

Taxes and import duties

Import duty and value-added tax in Ethiopia vary by platinum form. Investment-grade bullion (platinum of 99.95% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.

Popular purities

Investment platinum in Ethiopia is typically sold as 99.95%-pure bars and coins from LBMA-accredited refiners. Always request an assay certificate.

Where to buy platinum in Ethiopia

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Ethiopia. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.

Buying tip

Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's ETB rate. A premium over spot of 3โ€“7% for coins and 1โ€“4% for bars is normal โ€” anything higher is usually the making charge.