20k Gold Price in Ethiopia (ETB)
Enter a weight to value 20k gold by the troy ounce for buyers and sellers in Ethiopia, priced from the live gold market. 20 carat (833) is 83.33% gold, and every figure below is priced at that fineness. Priced in Ethiopian Birr directly by the rates API — gold is quoting ETB 623,759.03 per troy ounce.
Value of 1 ozt of 20k Gold
ETB 519,799.20
ETB 519,799.20 per troy ounce · ETB 16,711.93 per gram
623,759.03 ÷ 31.1034768 × 0.8333 × 31.1035 = ETB 519,799.20
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 16,711.93 |
| 10 grams | 10 g | ETB 167,119.32 |
| Kilo | 1,000 g | ETB 16,711,932.19 |
| Troy ounce | 31.1034768 g | ETB 519,799.20 |
| Tola | 11.6638038 g | ETB 194,924.70 |
| Pennyweight | 1.5551738 g | ETB 25,989.96 |
| Baht (gold bar) | 15.244 g | ETB 254,756.69 |
| Bhori | 11.6638038 g | ETB 194,924.70 |
| Masha | 0.9719837 g | ETB 16,243.72 |
| Ratti | 0.121498 g | ETB 2,030.47 |
| Grain | 0.0647989 g | ETB 1,082.91 |
| Sovereign (fine gold) | 7.32238 g | ETB 122,371.12 |
| Tael (Hong Kong) | 37.7994 g | ETB 631,701.01 |
| Tael (Taiwan) | 37.5 g | ETB 626,697.46 |
| Tael / liang (mainland) | 50 g | ETB 835,596.61 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | ETB 623,696.66 |
| 22 carat (916) | 91.67% pure | ETB 571,779.11 |
| 21 carat (875) | 87.50% pure | ETB 545,789.15 |
| 20 carat (833) | 83.33% pure | ETB 519,799.20 |
| 18 carat (750) | 75.00% pure | ETB 467,819.28 |
| 16 carat (667) | 66.67% pure | ETB 415,839.36 |
| 14 carat (585) | 58.33% pure | ETB 363,859.44 |
| 12 carat (500) | 50.00% pure | ETB 311,879.52 |
| 10 carat (417) | 41.67% pure | ETB 259,899.60 |
| 9 carat (375) | 37.50% pure | ETB 233,909.64 |
| 8 carat (333) | 33.33% pure | ETB 207,919.68 |
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 20k gold worth today?
1 troy ounce is worth about ETB 519,799.20, from a spot price of ETB 623,759.03 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 20k mean?
20 carat is 83.3% gold, seen in some Middle Eastern and East Asian pieces. At today's market that works out to ETB 16,711.93 per gram.
Is this the same as the 20k 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.