Gold 4,127.80 $/oz ▼ (-0.28%) Gold 24K 132.71 $/g Silver 53.03 $/oz ▼ (-0.48%) Platinum 1,537 $/oz EUR/USD 1.1237

Gold price in Nigeria today

On November 5, 2026, 24K gold in Nigeria costs 178,693 NGN per gram and 5,557,977 NGN per troy ounce, based on the live international spot price.

24K · per gram 178,693 NGN ▼ (-0.28%)

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Gold rate in Nigeria by karat (NGN)

KaratPer gramPer troy ouncePer tolaBuy (bid) / gramSell (ask) / gram
24K999178,6935,557,9772,084,241175,119182,267
22K916163,6835,091,1071,909,165160,409166,957
21K875156,3564,863,2301,823,711153,229159,484
18K750134,0204,168,4831,563,181131,339136,700
14K585104,5353,251,4171,219,281102,445106,626
10K41774,515.032,317,677869,12973,024.7376,005.33
9K37567,009.922,084,241781,59165,669.7268,350.12

Spot prices exclude dealer margins and taxes. Adjust these to estimate what a shop will pay (buy) or charge (sell).

24K gold price by weight

Unit24K22K18K
Gram 1 g 178,693163,683134,020
10 grams 10 g 1,786,9311,636,8291,340,198
Troy ounce 31.1035 g 5,557,9775,091,1074,168,483
Tola 11.6638 g 2,084,2411,909,1651,563,181
Kilogram 1,000 g 178,693,119163,682,897134,019,839

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NGN exchange rate

1 USD1,346.4745 NGN
1 EUR1,513.0423 NGN
1 GBP1,813.8832 NGN

All NGN exchange rates · Silver price in Nigeria

Gold spot price trend (USD/oz)

Full gold price history and long-term chart

How the gold price in Nigeria is calculated

We take the live spot price of 4,127.80 USD per troy ounce, divide it by 31.1035 to get 132.71 USD per gram of pure gold, and multiply by today’s exchange rate of 1,346.4745 NGN per dollar. That gives 178,693 NGN per gram for 24K. Lower karats are priced by their gold content.

In Nigeria, the naira’s exchange rate is the main driver of local gold prices, so prices can change daily even when the spot price is flat.

Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.

More gold prices in Nigeria

24K gold22K gold21K gold18K gold14K gold10K gold9K gold Per gramPer troy ouncePer tolaPer kilogram

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Frequently asked questions

What is the 24K gold price in Nigeria today?
Today 24K gold in Nigeria costs about 178,693 NGN per gram, 2,084,241 NGN per tola and 5,557,977 NGN per troy ounce, before dealer margins and taxes.
How much is 22K gold per gram in Nigeria?
22K gold is 91.6% pure, so one gram is worth about 163,683 NGN at today’s spot price. A jeweler will usually pay a little less when buying and charge more when selling.
Which currency is gold priced in for Nigeria?
Local prices are shown in NGN. They are converted from the international US-dollar spot price at the current NGN/USD exchange rate.
Does this price include tax or making charges?
No. The figures are the value of the gold content only. Use the spread and making-charge fields above to estimate a retail price.