24K gold price in Nigeria today
On November 5, 2026, 24K gold in Nigeria costs 178,550 NGN per gram and 5,553,534 NGN per troy ounce, based on the live international spot price.
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24K gold price in NGN by weight
| Weight | Spot value | Buy (bid) | Sell (ask) |
|---|---|---|---|
| 1 g | 178,550 | 174,979 | 182,121 |
| 5 g | 892,751 | 874,896 | 910,606 |
| 8 g | 1,428,402 | 1,399,834 | 1,456,970 |
| 10 g | 1,785,503 | 1,749,793 | 1,821,213 |
| Troy ounce | 5,553,534 | 5,442,463 | 5,664,605 |
| Tola | 2,082,575 | 2,040,924 | 2,124,227 |
| Kilogram | 178,550,270 | 174,979,265 | 182,121,275 |
What is 24K gold?
24K gold is 99.9% pure (hallmark 999). It is soft and bright yellow, so it is used mainly for bars, coins and some traditional jewelry in Asia.
The 24K price is calculated as the 24K price multiplied by 1. Today that gives 178,550 × 1 = 178,550 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 4,124.50 USD per troy ounce, divide it by 31.1035 to get 132.61 USD per gram of pure gold, and multiply by today’s exchange rate of 1,346.4745 NGN per dollar. That gives 178,550 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