16k Gold Price in Ethiopia (ETB)
Enter a weight to value 16k gold by the troy ounce for buyers and sellers in Ethiopia, priced from the live gold market. 16 carat (667) is 66.67% gold, and every figure below is priced at that fineness. Priced in Ethiopian Birr directly by the rates API — gold is quoting ETB 701,509.21 per troy ounce.
Value of 1 ozt of 16k Gold
ETB 467,672.81
ETB 467,672.81 per troy ounce · ETB 15,036.03 per gram
701,509.21 ÷ 31.1034768 × 0.6667 × 31.1035 = ETB 467,672.81
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 15,036.03 |
| 10 grams | 10 g | ETB 150,360.30 |
| Kilo | 1,000 g | ETB 15,036,029.84 |
| Troy ounce | 31.1034768 g | ETB 467,672.81 |
| Tola | 11.6638038 g | ETB 175,377.30 |
| Pennyweight | 1.5551738 g | ETB 23,383.64 |
| Baht (gold bar) | 15.244 g | ETB 229,209.24 |
| Bhori | 11.6638038 g | ETB 175,377.30 |
| Masha | 0.9719837 g | ETB 14,614.78 |
| Ratti | 0.121498 g | ETB 1,826.85 |
| Grain | 0.0647989 g | ETB 974.32 |
| Sovereign (fine gold) | 7.32238 g | ETB 110,099.52 |
| Tael (Hong Kong) | 37.7994 g | ETB 568,352.91 |
| Tael (Taiwan) | 37.5 g | ETB 563,851.12 |
| Tael / liang (mainland) | 50 g | ETB 751,801.49 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | ETB 701,439.06 |
| 22 carat (916) | 91.67% pure | ETB 643,050.11 |
| 21 carat (875) | 87.50% pure | ETB 613,820.56 |
| 20 carat (833) | 83.33% pure | ETB 584,591.01 |
| 18 carat (750) | 75.00% pure | ETB 526,131.91 |
| 16 carat (667) | 66.67% pure | ETB 467,672.81 |
| 14 carat (585) | 58.33% pure | ETB 409,213.70 |
| 12 carat (500) | 50.00% pure | ETB 350,754.60 |
| 10 carat (417) | 41.67% pure | ETB 292,295.50 |
| 9 carat (375) | 37.50% pure | ETB 263,065.95 |
| 8 carat (333) | 33.33% pure | ETB 233,836.40 |
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 16k gold worth today?
1 troy ounce is worth about ETB 467,672.81, from a spot price of ETB 701,509.21 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 16k mean?
16 carat is 66.7% gold. At today's market that works out to ETB 15,036.03 per gram.
Is this the same as the 16k 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.