10K gold price in Nigeria today
On November 5, 2026, 10K gold in Nigeria costs 74,522.26 NGN per gram and 2,317,901 NGN per troy ounce, based on the live international spot price.
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10K gold price in NGN by weight
| Weight | Spot value | Buy (bid) | Sell (ask) |
|---|---|---|---|
| 1 g | 74,522.26 | 73,031.81 | 76,012.70 |
| 5 g | 372,611 | 365,159 | 380,064 |
| 8 g | 596,178 | 584,255 | 608,102 |
| 10 g | 745,223 | 730,318 | 760,127 |
| Troy ounce | 2,317,901 | 2,271,543 | 2,364,259 |
| Tola | 869,213 | 851,829 | 886,597 |
| Kilogram | 74,522,258 | 73,031,813 | 76,012,704 |
What is 10K gold?
10K gold is 41.7% pure (hallmark 417), the minimum that can legally be sold as "gold" in the United States. It is durable and affordable.
The 10K price is calculated as the 24K price multiplied by 0.417. Today that gives 178,710 × 0.417 = 74,522.26 NGN per gram.
Quick calculator
NGN exchange rate
| 1 USD | 1,346.4745 NGN |
|---|---|
| 1 EUR | 1,513.0423 NGN |
| 1 GBP | 1,813.8832 NGN |
Gold spot price trend (USD/oz)
How the gold price in Nigeria is calculated
We take the live spot price of 4,128.20 USD per troy ounce, divide it by 31.1035 to get 132.72 USD per gram of pure gold, and multiply by today’s exchange rate of 1,346.4745 NGN per dollar. That gives 178,710 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