Live NGN gold prices — Updated 21 April 2026
| Weight | 24K (NGN) | 22K (NGN) | 21K (NGN) | 18K (NGN) |
|---|---|---|---|---|
| 1 Gram | ₦162,554 | ₦148,900 | ₦142,235 | ₦121,916 |
| 5 Grams | ₦812,771 | ₦744,498 | ₦711,175 | ₦609,578 |
| 10 Grams | ₦1,625,542 | ₦1,488,996 | ₦1,422,349 | ₦1,219,156 |
| 1 Tola | ₦1,895,999 | ₦1,736,735 | ₦1,658,999 | ₦1,422,000 |
| 1 Troy Oz | ₦5,056,000 | ₦4,631,296 | ₦4,424,000 | ₦3,792,000 |
| 100 Grams | ₦16,255,417 | ₦14,889,962 | ₦14,223,490 | ₦12,191,563 |
Gold prices in Nigeria are derived from the international XAU/USD spot price ($3,200.00/oz) converted to NGN at the rate of 1 USD = 1,580.0000 NGN. Prices are then adjusted for karat purity and local weight units.
When buying gold in Nigeria, always check the hallmark stamp for purity, compare rates across dealers, and ask for a proper receipt. For investment, 24K gold bars or coins offer the best value as they carry lower making charges than jewellery.
24K gold (₦162,554/gram) is 99.9% pure and best for investment. 22K gold (₦148,900/gram) contains 91.7% pure gold and is the most popular choice for jewellery. The price difference today is ₦13,654 per gram.
Gold prices change daily because they track the XAU/USD spot price on global commodity exchanges (COMEX, LBMA). Two factors affect local prices: changes in international gold value and fluctuations in the NGN/USD exchange rate.
Today's gold rate in Nigeria is ₦162,554 per gram for 24K gold and ₦148,900 per gram for 22K gold as of 21 April 2026.
The 22K gold price in Nigeria today is ₦148,900 per gram and ₦148,900 per gram.
Gold price in Nigeria = (XAU/USD spot ÷ 31.1034768) × USD/NGN rate × karat purity. Today: ($3,200.00 ÷ 31.1034) × 1,580.00 = ₦162,554 per gram of 24K gold.