Gold Price in Nigeria
Live gold rates — all karats and weight units. Change currency with the switcher above.
| Karat / Purity | 1g | 10g | Tola | Troy Oz | Kg |
|---|---|---|---|---|---|
| $ USD · Local Market (+5%) | 1 USD = 1 USD | ||||
999 24K 100.00% pure | $137.15 | $1,371 | $1,600 | $4,266 | $137,146 |
917 22K 91.67% pure | $125.72 | $1,257 | $1,466 | $3,910 | $125,718 |
875 21K 87.50% pure | $120.00 | $1,200 | $1,400 | $3,733 | $120,003 |
833 20K 83.33% pure | $114.29 | $1,143 | $1,333 | $3,555 | $114,288 |
750 18K 75.00% pure | $102.86 | $1,029 | $1,200 | $3,199 | $102,860 |
583 14K 58.33% pure | $80.00 | $800.02 | $933.12 | $2,488 | $80,002 |
417 10K 41.67% pure | $57.14 | $571.45 | $666.52 | $1,777 | $57,145 |
| Local market rate = international spot × USD/USD rate × (1 + local tax/duty). 1 Tola = 11.6638 g · 1 Troy Oz = 31.1035 g | |||||
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International Comparison
Nigeria gold prices compared to major world currencies (24K)
| Currency | 1g | Tola | Troy Oz |
|---|---|---|---|
| NGNLocal | NGN 180,259 | NGN 2,102,501 | NGN 5,606,675 |
| USD | $130.62 | $1,523.5 | $4,062.6 |
| EUR | €114.60 | €1,336.7 | €3,564.5 |
| GBP | £97.74 | £1,140.0 | £3,040.0 |
| AED | AED 479.69 | AED 5,595.0 | AED 14,920 |
| SAR | SAR 489.81 | SAR 5,713.0 | SAR 15,235 |
Gold Price in Nigeria — Everything You Need to Know
The gold price in Nigeria is calculated from the international XAU/USD spot price and converted into NGN using real-time exchange rates. The table above shows all major karat purities (24K, 22K, 21K, 20K, 18K, 14K, 10K) across all common weight units.
In Nigeria, gold is commonly traded in grams and troy ounces. The troy ounce (31.1035g) is the international standard for gold trading.
Use the currency switcher in the top-right corner to view all prices in USD, EUR, GBP or any other currency. The gold calculator above lets you find the exact value of any quantity of gold.