| Date | Price (999 Silver) | Change |
|---|---|---|
| Jul 31, 2026 | 305 ETB | -10.05% |
| Aug 01, 2026 | 294 ETB | -3.46% |
| Aug 02, 2026 | 294 ETB | -0.17% |
| Aug 03, 2026 | 293 ETB | -0.26% |
| Aug 04, 2026 | 297 ETB | +1.34% |
| Aug 05, 2026 | 305 ETB | +2.75% |
| Aug 06, 2026 | 318 ETB | +4.21% |
| Aug 07, 2026 | 316 ETB | -0.44% |
| Aug 08, 2026 | 324 ETB | +2.37% |
| Yesterday | 326 ETB | +0.58% |
Gold plays a central role in Ethiopia's precious metals market and is widely used for jewelry, gifts, and personal savings. Silver is also present in traditional jewelry and decorative products but attracts significantly less demand than gold. Platinum products are uncommon in the retail market, while palladium has very limited consumer visibility. As a result, precious metals demand in Ethiopia remains heavily concentrated in gold ownership and jewelry purchases.