Gold Price in Nigeria
Live Gold rate in Nigeria in Nigerian Naira (NGN) — October 16, 2026
- Previous close
- —
- Open
- NGN 179,370
- Day range
- NGN 179,370 – NGN 178,060
- Gold Silver Ratio
- 72.55
Gold Rate in Nigeria by Karat (NGN)
| Karat | Purity | per Gram | per Ounce | per Kilogram |
|---|---|---|---|---|
| 24K Gold | 99.9% | NGN 177,882 | NGN 5,532,743 | NGN 177,881,813 |
| 22K Gold | 91.7% | NGN 163,222 | NGN 5,076,758 | NGN 163,221,550 |
| 18K Gold | 75.0% | NGN 133,545 | NGN 4,153,711 | NGN 133,544,905 |
Gold Price in Nigeria per Unit (NGN)
| Unit | Price (NGN) | 24h change | % |
|---|---|---|---|
| Gold Price per Gram | NGN 178,060 | — | — |
| Gold Price per Ounce | NGN 5,538,281 | — | — |
| Gold Price per Kilogram | NGN 178,059,873 | — | — |
The gold price in Nigeria today, October 16, 2026, is NGN 178,060 per Gram for 24 karat gold, while 22K gold costs about NGN 163,222 per Gram. One gram of 24K gold is worth NGN 177,882; the karat table above lists every purity commonly used in Nigeria (24K, 22K, 18K).
These rates are calculated from the international spot price of gold ($4,160.40 per ounce) and the current Nigerian Naira exchange rate. Local jewellers and banks add making charges, margins and taxes, so retail prices in Nigeria are usually higher than the spot rate shown here.
Gold rate in Nigeria today by unit
Prices are shown per gram, per ounce and in the units commonly used in Nigeria. Switch the unit or currency in the price box to compare, and use the chart to see how the gold rate in Nigeria has changed over the past year.
Gold Price by Weight (Gram)
| Weight | Price (NGN) |
|---|---|
| 1 × Gram | NGN 178,060 |
| 2 × Gram | NGN 356,120 |
| 5 × Gram | NGN 890,299 |
| 10 × Gram | NGN 1,780,599 |
| 20 × Gram | NGN 3,561,197 |
| 50 × Gram | NGN 8,902,994 |
| 100 × Gram | NGN 17,805,987 |
Gold price history in NGN
Frequently Asked Questions
Gold Price in Other Countries
Gold in US dollars
- per Ounce$4,160.40
- per Gram$133.76
- 1 USDNGN 1,331.1896