Gold Price in Nigeria Today
24K gold is ₦177,003 per gram in Nigeria, based on the international spot price.
Updated 2026-10-04NGN
Gold price per gram, ounce
| Karat | 1 gram | 10 grams | 1 ounce |
|---|---|---|---|
| 24K | ₦177,003.21 | ₦1,770,032 | ₦5,505,415 |
| 22K | ₦162,252.94 | ₦1,622,529 | ₦5,046,631 |
| 18K | ₦132,752.41 | ₦1,327,524 | ₦4,129,061 |
Spot-based reference prices. Jewellers and bullion dealers in Nigeria add their own premium, local taxes and making charges, so shop prices are usually higher.
24K gold price per gram in Nigeria: last 30 days
Change (30 days)-5.98%
High₦188,611
Low₦176,053
How the gold price is calculated
- We take today's international spot price per troy ounce (31.1035 grams) in US dollars.
- It is converted to NGN at today's exchange rate and divided into grams.
- Lower karats contain less pure gold: 22K is 91.67%, 21K is 87.5% and 18K is 75% gold.
Need the value of your jewellery? Use the gold value calculator, or check silver prices in Nigeria.
Frequently asked questions
Is the gold price going up in Nigeria?
Over the last 30 days the gold price in NGN has fallen by 5.98%.
Why is the gold price at shops in Nigeria higher?
Shops add a dealer premium, local taxes and making charges for jewellery on top of the international spot price shown here.
What is the difference between 24K and 22K gold?
24K is 99.9% pure gold. 22K is 91.67% gold mixed with other metals for strength, which is why most jewellery is 22K or 21K.
How often is this price updated?
Every day. The page also loads the latest price when you open it.
