22K gold price in Nigeria today
On November 6, 2026, 22K gold in Nigeria costs 161,279 NGN per gram and 5,016,332 NGN per troy ounce, based on the live international spot price.
Live · Updated
22K gold price in NGN by weight
| Weight | Spot value | Buy (bid) | Sell (ask) |
|---|---|---|---|
| 1 g | 161,279 | 158,053 | 164,504 |
| 5 g | 806,394 | 790,266 | 822,522 |
| 8 g | 1,290,231 | 1,264,426 | 1,316,035 |
| 10 g | 1,612,788 | 1,580,533 | 1,645,044 |
| Troy ounce | 5,016,332 | 4,916,006 | 5,116,659 |
| Tola | 1,881,125 | 1,843,502 | 1,918,747 |
| Kilogram | 161,278,827 | 158,053,250 | 164,504,403 |
What is 22K gold?
22K gold contains 91.6% gold (hallmark 916) and is the standard for wedding jewelry in India, the Gulf and much of South-East Asia.
The 22K price is calculated as the 24K price multiplied by 0.916. Today that gives 176,069 × 0.916 = 161,279 NGN per gram.
Quick calculator
NGN exchange rate
| 1 USD | 1,348.0234 NGN |
|---|---|
| 1 EUR | 1,513.8166 NGN |
| 1 GBP | 1,814.5056 NGN |
Gold spot price trend (USD/oz)
How the gold price in Nigeria is calculated
We take the live spot price of 4,062.50 USD per troy ounce, divide it by 31.1035 to get 130.61 USD per gram of pure gold, and multiply by today’s exchange rate of 1,348.0234 NGN per dollar. That gives 176,069 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
South Africa ZAR
Angola AOA
Botswana BWP
Burkina Faso XOF
Cameroon XAF
Chad XAF
Comoros KMF
Côte d’Ivoire XOF
DR Congo CDF
Djibouti DJF
Equatorial Guinea XAF
Eritrea ERN