Gold Rate in Malawi

Malawi Gold Rate Today

24Ct Gold Rate in Malawi

MWK 54,897.01 | INR 5,197.05

22Ct Gold Rate in Malawi

MWK 50,322.30 | INR 4,763.97

21Ct Gold Rate in Malawi

MWK 48,034.90 | INR 4,547.42

18Ct Gold Rate in Malawi

MWK 41,172.80 | INR 3,897.79

Gold Rate in Malawi in Malawian Kwacha

Last updated on May 28, 2024

Quantity 24K Gold Rate 22K Gold Rate 21K Gold Rate 18K Gold Rate
1 Gram MWK 54,897.01 MWK 50,322.30 MWK 48,034.90 MWK 41,172.80
1 Tola MWK 640,307.98 MWK 586,949.43 MWK 560,269.65 MWK 480,231.46
10 Grams MWK 548,970.12 MWK 503,223.00 MWK 480,349.00 MWK 411,728.00
1 Sovereign MWK 439,176.10 MWK 402,578.40 MWK 384,279.20 MWK 329,382.40
10 Tolas MWK 6,403,079.81 MWK 5,869,494.34 MWK 5,602,696.49 MWK 4,802,314.61
1 Ounce MWK 1,707,487.95 MWK 1,565,198.49 MWK 1,494,052.40 MWK 1,280,617.23
1 Kilogram MWK 54,897,012.29 MWK 50,322,300.00 MWK 48,034,900.00 MWK 41,172,800.00

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Gold Price in Malawi

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Check today's gold rate in Malawi per gram, gold rate per tola today in Malawi, todays gold rate per 10 grams in Malawi and today gold price per kilogram in Malawi. Also find gold rate history in Malawi, historical gold rate chart in Malawi.

Today's Gold Rate in Malawi in Indian Rupees

Weight 24K Gold Price 22K Gold Price 21K Gold Price 18K Gold Price
Per Gram INR 5,197.05 INR 4,763.97 INR 4,547.42 INR 3,897.79
Per Tola INR 60,617.37 INR 55,565.96 INR 53,040.21 INR 45,463.07
Per Sovereign INR 41,576.40 INR 38,111.73 INR 36,379.36 INR 31,182.33
Per 10 Grams INR 51,970.50 INR 47,639.66 INR 45,474.20 INR 38,977.91
Per Ounce INR 161,646.32 INR 148,175.91 INR 141,440.57 INR 121,234.86
Per 10 Tola INR 606,173.69 INR 555,659.65 INR 530,402.14 INR 454,630.72
Per Kilogram INR 5,197,049.81 INR 4,763,965.99 INR 4,547,419.93 INR 3,897,791.21

Todays Gold Rate in Malawi in US Dollars

Qty 24Ct Gold Rate 22Ct Gold Rate 21Ct Gold Rate 18Ct Gold Rate
1 Gram USD 75.58 USD 69.28 USD 66.13 USD 56.68
1 Tola USD 881.49 USD 808.04 USD 771.31 USD 661.12
8 Grams USD 604.60 USD 554.22 USD 529.03 USD 453.45
10 Grams USD 755.75 USD 692.77 USD 661.28 USD 566.81
1 Ounce USD 2,350.65 USD 2,154.76 USD 2,056.82 USD 1,762.99
10 Tolas USD 8,814.94 USD 8,080.37 USD 7,713.07 USD 6,611.21
1 Kg USD 75,575.15 USD 69,277.28 USD 66,128.28 USD 56,681.42

Malawi Gold Rate History per Gram

Date 24K Gold Price 22K Gold Price 21K Gold Price 18K Gold Price
May 28, 2024 PM MWK 54,897.01 MWK 50,322.26 MWK 48,034.89 MWK 41,172.76
May 28, 2024 AM MWK 54,758.06 MWK 50,194.88 MWK 47,913.30 MWK 41,068.54
May 27, 2024 PM MWK 54,711.35 MWK 50,152.07 MWK 47,872.43 MWK 41,033.51
May 27, 2024 AM MWK 54,642.45 MWK 50,088.92 MWK 47,812.15 MWK 40,981.84
May 23, 2024 PM MWK 55,053.48 MWK 50,465.69 MWK 48,171.80 MWK 41,290.11
May 23, 2024 AM MWK 56,382.32 MWK 51,683.80 MWK 49,334.53 MWK 42,286.74
May 22, 2024 PM MWK 56,234.03 MWK 51,547.86 MWK 49,204.77 MWK 42,175.52
May 22, 2024 AM MWK 56,382.32 MWK 51,683.80 MWK 49,334.53 MWK 42,286.74
May 21, 2024 PM MWK 56,687.09 MWK 51,963.17 MWK 49,601.21 MWK 42,515.32
May 21, 2024 AM MWK 56,447.72 MWK 51,743.74 MWK 49,391.75 MWK 42,335.79
May 20, 2024 PM MWK 56,523.62 MWK 51,813.32 MWK 49,458.16 MWK 42,392.71
May 20, 2024 AM MWK 57,085.28 MWK 52,328.17 MWK 49,949.62 MWK 42,813.96
May 19, 2024 PM MWK 56,110.25 MWK 51,434.40 MWK 49,096.47 MWK 42,082.69
May 19, 2024 AM MWK 56,110.25 MWK 51,434.40 MWK 49,096.47 MWK 42,082.69
May 18, 2024 PM MWK 56,110.25 MWK 51,434.40 MWK 49,096.47 MWK 42,082.69
May 18, 2024 AM MWK 56,110.25 MWK 51,434.40 MWK 49,096.47 MWK 42,082.69
May 17, 2024 PM MWK 56,110.25 MWK 51,434.40 MWK 49,096.47 MWK 42,082.69
May 17, 2024 AM MWK 55,623.32 MWK 50,988.04 MWK 48,670.41 MWK 41,717.49
May 16, 2024 PM MWK 55,521.73 MWK 50,894.92 MWK 48,581.51 MWK 41,641.30
May 16, 2024 AM MWK 55,667.69 MWK 51,028.72 MWK 48,709.23 MWK 41,750.77
May 15, 2024 PM MWK 55,056.99 MWK 50,468.90 MWK 48,174.86 MWK 41,292.74
May 15, 2024 AM MWK 55,390.95 MWK 50,775.04 MWK 48,467.08 MWK 41,543.21
May 14, 2024 PM MWK 54,995.10 MWK 50,412.17 MWK 48,120.71 MWK 41,246.32
May 14, 2024 AM MWK 54,821.11 MWK 50,252.69 MWK 47,968.47 MWK 41,115.83
May 13, 2024 PM MWK 54,737.04 MWK 50,175.62 MWK 47,894.91 MWK 41,052.78
May 13, 2024 AM MWK 54,655.30 MWK 50,100.69 MWK 47,823.39 MWK 40,991.47
May 12, 2024 PM MWK 55,406.13 MWK 50,788.95 MWK 48,480.36 MWK 41,554.60
May 12, 2024 AM MWK 55,406.13 MWK 50,788.95 MWK 48,480.36 MWK 41,554.60

Frequently Asked Questions

What is the price of gold in Malawi today?

Today, the 999 gold price per gram in Malawi is MWK 54,897.01, today's 916 gold price per gram in Malawi is MWK 50,322.30, 875 gold price per gram today in Malawi is MWK 48,034.90, today's 750 gold price per gram in Malawi is MWK 41,172.80. Today, the 24kt gold price per 10 grams in Malawi is MWK 548,970.12, today's 22kt gold price per 10 grams in Malawi is MWK 503,223.00, 21kt gold price per 10 grams today in Malawi is MWK 480,349.00 and today's 18kt gold price per 10 grams in Malawi is MWK 411,728.00.

What was the price of gold in Malawi yesterday?

Yesterday, the 24 karat gold price per gram in Malawi was MWK 54,711.35, yesterday's 22 karat gold price per gram in Malawi was MWK 50,152.10, 21 karat gold price per gram yesterday in Malawi was MWK 47,872.40, yesterday's 18 karat gold price per gram in Malawi was MWK 41,033.50. Yesterday, the 999 gold price per 10 grams in Malawi was MWK 547,113.48, yesterday's 916 gold price per 10 grams in Malawi was MWK 501,521.00, 875 gold price per 10 grams yesterday in Malawi was MWK 478,724.00 and yesterday's 750 gold price per 10 grams in Malawi was MWK 410,335.00.

What is the gold rate in Malawi in Indian Rupees?

24 karat gold rate per gram in Malawi in Indian Rupees is INR 5,197.05 and 24 karat gold price per ounce in Malawi in Indian Rupees is INR 161,646.32. Standard 22 carat gold rate in Malawi per gram is 4,763.97 Indian Rupees and the 22 carat gold price per tola in Malawi is 55,565.96 Indian Rupees.

What is the current price of gold bars, biscuits and coins in Malawi?

1 kg pure gold bar price in Malawi is 54,897,012.29 Malawian Kwacha and 10 tola pure gold biscuit rate in Malawi is 6,403,079.81 Malawian Kwacha. 1 oz 24k gold bar price in Malawi is 1,707,487.95 Malawian Kwacha and 1 sovereign 24k gold coin rate in Malawi is 439,176.10 Malawian Kwacha. 916 gold bars per kilo in Malawi is MWK 50,322,300.00 and 916 gold biscuits per ounce in Malawi is MWK 1,565,198.49. 22k gold coins per sovereign in Malawi is MWK 402,578.40.

What was the highest and lowest gold rate in Malawi?

In last 1 year, the highest 24ct gold rate was recorded on 20-May-2024, which was as high as MWK 57,085.28 per gram and the lowest 24ct gold rate was recorded on 04-Oct-2023, which was as low as MWK 42,479.71 per gram. 22 carat gold price in last one year fell as low as MWK 38,939.73 on 04-Oct-2023 per gram and the 22 carat gold rose as high as MWK 52,328.17 on 20-May-2024 per gram.

What are the different gold hallmarks in Malawi?

List of Malawi gold hallmarks are 375 hallmark gold (9 karat gold), 585 hallmark gold (14 karat gold), 750 hallmark gold (18 karat gold), 875 hallmark gold (21 karat gold), 916 hallmark gold (22 karat gold), 958 hallmark gold (23 karat gold) and 999 hallmark gold (24 karat gold).

What are the different carats in gold across Malawi?

Gold Carat (CT) or Karat (KT or K) is used to represent fineness of gold present in jewellery. The different carats of gold jewellery sold in Malawi are 24 carat gold (pure gold), 23 carat gold, 22 carat gold (standard gold), 21 carat gold, 20 carat gold, 19 carat gold, 18 carat gold, 17 carat gold, 16 carat gold, 15 carat gold, 14 carat gold, 13 carat gold, 12 carat gold, 11 carat gold, 10 carat gold, 9 carat gold and 8 carat gold.

How is gold measured in Malawi?

Jewellery shops across Malawi buy and sell gold in grams, tolas, sovereigns, pavans, ounces and kilograms. 1 gram of gold is equal to 1000 milligrams. 1 tola of gold is equal to 11.6638038 grams, 1 sovereign of gold is equal to 8 grams, 1 pavan of gold is equal to 8 grams, 1 ounce of gold is equal to 31.1034768 grams, 1 kg of gold is equal to 1000 grams. Gold bars are sold in kilos. Gold biscuits are sold in ounces. Gold coins are sold in grams, tolas, sovereigns or pavans.

What are the different gold colours in Malawi?

Gold jewellery in Malawi is available in different colours. Yellow Gold colour is the most popular colour used in jewelry showrooms across Malawi. White Gold color is also commonly used in Malawi jewellery stores. Rose Gold colour is also used in jewellery and Green Gold colour is also available in jewellery shops in Malawi.

How to invest in gold in Malawi?

Since your Malawian Kwacha is going to fall in value, Gold is the best place to preserve value. The best forms for gold ownership are through minted coins: one-ounce South African Krugerrands, Canadian Maple Leafs, or American Eagles. The recent explosion in Exchange Traded Funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, Gold Mutual Funds provide a helpful alternative.

For the more sophisticated and experienced investor, Options allow you to speculate in gold prices. But in the options market, you can speculate on price movements in either direction. If you buy a call, you are hoping prices will rise. A call fixes the purchase price so the higher that price goes, the greater the margin between your fixed option price and current market price. When you buy a put, you expect the price to fall. Buying options is risky, and more people lose than win. In fact, about three-fourths of all options bought expire worthless. The options market is complex and requires experience and understanding. To generalize, options possess two key traits-one bad and one good. The good trait is that they enable an investor to control a large investment with a small and limited amount of money. The bad trait is that options expire within a fixed period of time. Thus, for the buyer time is the enemy because as the expiration date gets closer, an option’s “time value” disappears. Anyone investing in options needs to understand all of the risks before they spend money. The Futures market is far too complex for the vast majority of investors. Even experienced options investors recognize the high risk nature of the futures market. Considering the range of ways to get into the gold market, futures trading is the most complex and, while big fortunes could be made, they can also be lost in an instant.


Highest Last 30 Days

Purity Date Cost
24K Gold / 1g 20-May-2024 MWK 57,085.28
22K Gold / 1g 20-May-2024 MWK 52,328.17
21K Gold / 1g 20-May-2024 MWK 49,949.62
18K Gold / 1g 20-May-2024 MWK 42,813.96

Lowest Last 30 Days

Purity Date Cost
24K Gold / 1g 01-May-2024 MWK 53,445.56
22K Gold / 1g 01-May-2024 MWK 48,991.77
21K Gold / 1g 01-May-2024 MWK 46,764.87
18K Gold / 1g 01-May-2024 MWK 40,084.17

Disclaimer

Golden Chennai provides gold price in Malawi obtained from sources believed to be reliable, but we do not guarantee their accuracy. Our gold rate data are provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. References made to third parties are based on information obtained from sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment.