Gold price per gram in Nigeria
On November 6, 2026, one gram of 24K gold in Nigeria is worth 176,294 NGN; 22K is 161,485 NGN and 18K is 132,220 NGN.
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Price per gram in NGN by karat
| Karat | Per gram | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 176,294 | 172,768 | 179,820 |
| 22K916 | 161,485 | 158,256 | 164,715 |
| 21K875 | 154,257 | 151,172 | 157,342 |
| 18K750 | 132,220 | 129,576 | 134,865 |
| 14K585 | 103,132 | 101,069 | 105,195 |
| 10K417 | 73,514.58 | 72,044.29 | 74,984.87 |
| 9K375 | 66,110.23 | 64,788.03 | 67,432.44 |
About this unit
The gram is the standard retail unit for jewelry in most of the world, including Europe, Latin America, the Middle East and Asia.
Other units: troy ouncetolakilogram
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 4,067.70 USD per troy ounce, divide it by 31.1035 to get 130.78 USD per gram of pure gold, and multiply by today’s exchange rate of 1,348.0234 NGN per dollar. That gives 176,294 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