Gold Price in Nigeria
Live gold price in Nigeria, shown in NGN and US dollars. Gold is traded by the gram, with 22K and 18K widely sold. In Nigeria gold is increasingly held as a hedge, bought by the gram in 18K and 22K. The table below covers gram, ounce, kilo and tola in NGN and USD, plus 24K–14K rates and a calculator — all updated in real time.
Gold calculator
Gold price per unit
| Unit | USD | NGN |
|---|---|---|
| Gram (1 g) | 139.73 | 189,915.63 |
| Troy ounce (31.1035 g) | 4,346.13 | 5,907,036.38 |
| Tola (11.6638 g) | 1,629.80 | 2,215,138.64 |
| Kilogram (1,000 g) | 139,731.18 | 189,915,629.53 |
Gold price by karat — Price per gram (NGN)
Purity: 24K = 100% · 22K = 91.7% · 21K = 87.5% · 18K = 75% · 14K = 58.3%
Silver Price in Nigeria
| Unit | USD | NGN |
|---|---|---|
| Gram · .999 | 2.29 | 3,111.09 |
| Ounce | 71.20 | 96,765.79 |
| Kilo | 2,289.00 | 3,111,090.00 |
| Sterling .925 · gram | 2.12 | 2,877.76 |
Frequently asked questions
What is the price of gold in Nigeria today?
The live gold price in Nigeria is shown above in NGN and US dollars, updated in real time. Gold trades at one global price per troy ounce; the value in NGN and per gram is derived from that and the NGN/USD rate.
How much is one gram of gold in Nigeria?
The gram row above shows the live 24K gram price in NGN. One gram equals the troy-ounce price divided by 31.1035; the karat table also gives 22K, 21K, 18K and 14K, and the calculator prices any weight.
What karat of gold is common in Nigeria?
In Nigeria, 22K and 18K are common, with 24K for investment bars.