Live ยท Gold ยท gold-api.com
Gold Price in Nigeria Today
Live 24K gold rate in NGN, per gram. Every purity, every weight.
Last updated Aug 1, 2026, 12:59 PM
At a glance
Nigeria market summary
- Region
- Africa
- ISO code
- NG ยท NGA
- Currency
- NGN โ Nigerian Naira
- Preferred weight
- Gram (g)
Live prices
By purity ยท per g
Gold Price by Purity
Live prices in NGN for every common purity.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 Karat (999) | NGNย 177,321 | NGNย 5,515,298 | NGNย 2,068,237 | NGNย 177,320,943 |
| 22 Karat (916) | NGNย 162,566 | NGNย 5,056,379 | NGNย 1,896,142 | NGNย 162,566,365 |
| 21 Karat (875) | NGNย 155,171 | NGNย 4,826,368 | NGNย 1,809,888 | NGNย 155,171,342 |
| 18 Karat (750) | NGNย 133,004 | NGNย 4,136,887 | NGNย 1,551,333 | NGNย 133,004,008 |
| 14 Karat (585) | NGNย 103,442 | NGNย 3,217,395 | NGNย 1,206,523 | NGNย 103,441,650 |
| 10 Karat (417) | NGNย 73,897 | NGNย 2,298,454 | NGNย 861,920 | NGNย 73,897,027 |
Gold Calculator
Calculate the value of any amount of gold in any purity and currency.
Estimated value
NGNย 177,321
NGNย 177,321 per gram at selected purity
30-day trend
Not enough samples yet for NGN.
Currency
About the Nigerian Naira (NGN)
Gold in Nigeria is quoted in Nigerian Naira (NGN, โฆ). Our engine converts the international spot price using the live USD/NGN exchange rate.
- 1 USD in NGN
- 1,364.06
- 1 NGN in USD
- 0.000733
- Decimals
- 2
Gold Price in Nigeria โ FAQs
How is the gold price in Nigeria calculated?
The international spot price (XAU/USD) is converted into NGN using the live exchange rate, then adjusted for purity (24K, 22K, 18Kโฆ) and the local weight unit.
Which purity is most popular in Nigeria?
Jewelry markets typically trade 22K (91.6% pure), while investment bars and coins are 24K (99.9%). The right purity depends on whether you buy for wear, value or resale.
Are gold prices in Nigeria the same as international rates?
Local retail prices closely follow the international spot rate but may include a small dealer premium, tax and making charges. KmalServico shows the pure spot value.
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Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18Kโฆ) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges โ the number here is the underlying benchmark.