Bearish (3,450 - 3,650 USD)
More forecast info ⬇
Gold Ounce
3,875.07
H:4,018.71 | L:3,869.94
Gram 24
124.60
H:129.22 | L:124.44
Gram 22
114.22
H:118.45 | L:114.07
Gram 21
109.03
H:113.07 | L:108.88
Silver Ounce
49.06
H:52.06 | L:48.84
Silver Kg
1,577.46
H:1,673.79 | L:1,570.29

Gold Price Today in Ethiopia

Gold price in Ethiopia Ounce Gram
24K 23K 22K 21K 18K 14K 12K 10K 9K 8K

Saturday, 31 October 2026, 12:44 PM

Live
624,852.94 Ethiopian Birr/Ounce
15,068.80 Ethiopian Birr/Gram 18K
17,580.27 Ethiopian Birr/Gram 21K
20,091.73 Ethiopian Birr/Gram 24K

Gold ounce price in Ethiopia is 624,852.94 Ethiopian Birr per ounce, Gold gram price is 20,091.73 Ethiopian Birr per gram karat 24, 18,417.42 Ethiopian Birr per gram karat 22, 17,580.27 Ethiopian Birr per gram karat 21, 15,068.80 Ethiopian Birr per gram karat 18.

Today, gold price decreased by -21,402.64 Ethiopian Birr per Ounce (-3.31%) compared to yesterday. In the past year, gold rose by 1.29%. Over five years, gold more than doubled (+641.9%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a Bullish momentum overall, trading at 624,852.94 Ethiopian Birr per Ounce.
Safe-haven demand and inflation hedging continue to support higher prices.

See Also: Silver Price in Ethiopia

Gold Price in Ethiopia in Ethiopian Birr

Gold Unit Ethiopian Birr U.S. Dollar
Gold Ounce 624,852.94 3,875.07
Gold Gram Karat 24K 20,091.73 124.60
Gold Gram Karat 23K 19,388.52 120.24
Gold Gram Karat 22K 18,404.03 114.13
Gold Gram Karat 21K 17,580.27 109.03
Gold Gram Karat 18K 15,068.80 93.45
Gold Gram Karat 14K 11,753.66 72.89
Gold Gram Karat 12K 10,045.87 62.30
Gold Gram Karat 10K 8,378.25 51.96
Gold Gram Karat 9K 7,534.40 46.73
Gold Gram Karat 8K 6,690.55 41.49

Gold Price Forecast in Ethiopia

Bearish (3,450 - 3,650 USD)
  • Date: Saturday, 31 October 2026, 12:00 PM
  • The forecast: Bearish, The gold price in Ethiopia is expected to fall in the next 30 days.
  • The forecasted price: 556310 - 588560 Ethiopian Birr.
  • The forecasted price in USD: 3,450 - 3,650 USD.
  • The analysis: Gold prices are experiencing significant downward pressure despite escalating global tensions. The primary drivers are high real interest rates, amplified expectations for aggressive Federal Reserve rate hikes fueled by inflation concerns stemming from geopolitical events, and a strong US Dollar. For retail investors, this means the opportunity cost of holding non-yielding gold is exceptionally high, making traditional interest-bearing assets more attractive and pushing local gold prices lower in real terms.
  • Key drivers: Sustained High Real Interest Rates, Strengthening US Dollar Index (DXY), Geopolitical-Driven Inflation Fears Fueling Higher Rate Hike Expectations.

Disclaimer: The gold price forecast is based on historical data and market trends. It is not a guarantee of future performance.

Daily Gold Price Indicators in Ethiopia

Today
Bid Price 624,821.70 ETB
Ask Price 624,884.19 ETB
Open Price 646,255.59 ETB
Change -21,402.64 ETB
Change % -3.31%
Previous Year
1 Month High 682,692.25 ETB
1 Month Low 624,852.94 ETB
6 Months High 746,511.63 ETB
6 Months Low 624,852.94 ETB
1 Year High 831,757.61 ETB
1 Year Low 605,413.34 ETB

Gold Price Chart in Ethiopia

Price of Gold Bullion in Ethiopia in Ethiopian Birr

  • The price of gold bullion 1 Gram in Ethiopia: 20,091.73 Ethiopian Birr
  • The price of gold bullion 5 Grams in Ethiopia: 100,458.67 Ethiopian Birr
  • The price of gold bullion 10 Grams in Ethiopia: 200,917.35 Ethiopian Birr
  • The price of gold bullion 20 Grams in Ethiopia: 401,834.69 Ethiopian Birr
  • The price of gold bullion 1 Ounce (31.1 Grams) in Ethiopia: 624,852.94 Ethiopian Birr
  • The price of gold bullion 50 Grams in Ethiopia: 1,004,586.73 Ethiopian Birr
  • The price of gold bullion 100 Grams in Ethiopia: 2,009,173.46 Ethiopian Birr
  • The price of gold bullion 10 Tolas (116.65 Grams) in Ethiopia: 2,343,700.84 Ethiopian Birr
  • The price of gold bullion 250 Grams (1/4 Kilo) in Ethiopia: 5,022,933.64 Ethiopian Birr
  • The price of gold bullion 500 Grams (1/2 Kilo) in Ethiopia: 10,045,867.28 Ethiopian Birr
  • The price of gold bullion 1000 Grams (1 Kilo) in Ethiopia: 20,091,734.56 Ethiopian Birr

Gold price in Ethiopia in October 2026 in Ethiopian Birr

Date Gold Ounce Gold Gram 18K Gold Gram 21K Gold Gram 24K
31 October 2026 624,852.94 15,066.77 17,577.89 20,089.02
30 October 2026 628,255.96 15,148.82 17,673.63 20,198.43
29 October 2026 645,000.00 15,552.56 18,144.66 20,736.75
28 October 2026 663,391.96 15,996.04 18,662.05 21,328.05
27 October 2026 658,228.19 15,871.53 18,516.78 21,162.04
26 October 2026 657,848.01 15,862.36 18,506.09 21,149.81
25 October 2026 650,153.01 15,676.81 18,289.62 20,902.42
24 October 2026 650,153.01 15,676.81 18,289.62 20,902.42
23 October 2026 650,681.40 15,689.56 18,304.48 20,919.41
22 October 2026 663,689.53 16,003.21 18,670.42 21,337.62
21 October 2026 677,152.03 16,327.83 19,049.13 21,770.44
20 October 2026 674,755.78 16,270.05 18,981.72 21,693.40
19 October 2026 677,204.23 16,329.09 19,050.60 21,772.12
18 October 2026 681,608.30 16,435.28 19,174.49 21,913.71
17 October 2026 681,608.30 16,435.28 19,174.49 21,913.71
16 October 2026 680,576.10 16,410.39 19,145.46 21,880.52
15 October 2026 677,466.46 16,335.41 19,057.98 21,780.55
14 October 2026 666,506.16 16,071.13 18,749.65 21,428.17
13 October 2026 677,612.89 16,338.94 19,062.10 21,785.25
12 October 2026 680,875.94 16,417.62 19,153.89 21,890.16
11 October 2026 682,692.25 16,461.42 19,204.99 21,948.56
10 October 2026 682,692.25 16,461.42 19,204.99 21,948.56
9 October 2026 682,603.78 16,459.28 19,202.50 21,945.71
8 October 2026 675,262.08 16,282.26 18,995.97 21,709.68
7 October 2026 662,551.44 15,975.77 18,638.40 21,301.03
6 October 2026 673,017.36 16,228.13 18,932.82 21,637.51
5 October 2026 674,847.11 16,272.25 18,984.29 21,696.33
4 October 2026 673,453.72 16,238.65 18,945.09 21,651.54
3 October 2026 673,453.72 16,238.65 18,945.09 21,651.54
2 October 2026 674,808.02 16,271.31 18,983.19 21,695.08

Gold Performance in Ethiopian Birr

Period Date Rate ETB/Ounce Change Change %
1 Day 2026-10-30 624,852.94 -21,402.64 -3.31%
1 Week 2026-10-24 650,153.01 -25,300.07 -3.89%
30 Days 2026-10-01 681,145.67 -56,292.72 -8.26%
6 Months 2026-04-30 723,271.89 -98,418.94 -13.61%
1 Year 2025-10-31 616,868.57 +7,984.37 +1.29%
5 Years 2021-10-31 84,218.04 +540,634.91 +641.95%
10 Years 2016-10-31 28,711.05 +596,141.90 +2,076.35%
Gold Performance (ETB)
Period Change Change %
1 Day -21,402.64 -3.31%
1 Week -25,300.07 -3.89%
30 Days -56,292.72 -8.26%
6 Months -98,418.94 -13.61%
1 Year +7,984.37 +1.29%
5 Years +540,634.91 +641.95%
10 Years +596,141.90 +2,076.35%
Gold Calculator (ETB)
624,852.96

Gold Price Today

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