Live Today Gold Price in Nigeria in NGN | 2024
For buy or selling gold the most important thing you need to know is the live gold price in Nigeria. In this article we provide you current gold rate in gram, ounce, tola, kg.
Not OKGold prices contiguously change due to various factors. Their change affect both international and local market equally. So, always keep yourself updated with the current gold rate. In this article we provide you the live gold price in Nigeria NGN and USD dollar.
Importance of gold can not be neglected. It became a part of our life as jewelry. We also gift gold ornaments on different occasion to the people we love. For all these purpose knowing the current gold rate is essential.
Here are the Table of Content to easily navigate through this article:
24K gold prices in Nigeria
Different qualities of gold are now available in the market. 24K gold is the highest quality gold. It contains 99.999% pure gold. In the table below you will find the gold price for gram, ounce, and kilogram. Kilo gram is larger unit which is largely used by the gold traders that deals with big quantity.
| Unit (Selling Gold) |
Price (NGN) |
|---|---|
| 1 Ounce 24K | 887,236.9 NGN |
| 1 Tola 24K | 332,713.8 NGN |
| 1 Gram 24K | 28,480.3 NGN |
| 10 Grams 24K | 284,803.0 NGN |
| 1 Kilo 24K | 28,480,303.1 NGN |
gold Price Surveillance in Nigeria
It is recommended that you always keep tract of the gold price. It changes in few minutes. By keeping track you will know exactly when will the price change and what to do at that time.
Team Jewellsmark provide you the verified gold rate with international market. These rates can be verified form any jewelry store in the country. However, there could be a small difrence based upon their design, variety, quality.
Prices for Various Gold Units
This article provide you gold price for different units including vori, ounce and anna. All these units are important as they are used as standard units all over the world.
| Carats | Per Gram Price (NGN) |
10 Grams Price (NGN) |
Vori (Tola) Price (NGN) |
1 Aana Price (NGN) |
1 Ounce Price (NGN) |
|---|---|---|---|---|---|
| 24K Gold | 28480.3 | 284803 | 332080.298 | 20755.018625 | 807402.26485 |
| 23K Gold | 27293.6 | 272936 | 318243.376 | 19890.211 | 773759.9132 |
| 22K Gold | 26106.9 | 261069 | 304406.454 | 19025.403375 | 740117.56155 |
| 21K Gold | 24920.3 | 249203 | 290570.698 | 18160.668625 | 706478.04485 |
| 18K Gold | 21360.2 | 213602 | 249059.932 | 15566.24575 | 605550.9899 |
| 16K Gold | 18986.9 | 189869 | 221387.254 | 13836.703375 | 538269.12155 |
| 14K Gold | 16613.5 | 166135 | 193713.41 | 12107.088125 | 470984.41825 |
| 10K Gold | 11866.8 | 118668 | 138366.888 | 8647.9305 | 336417.8466 |
| 9K Gold | 10680.1 | 106801 | 124529.966 | 7783.122875 | 302775.49495 |
Various units For Gold Measurements
What are the measuring units of Gold?
They are different units used all over the world as mentioned above. However, gram is the standard unit. If you have gold in vori, and anna or any other unit you can easily convert in gram to compare it with international unit.
- Tola
- Gram
- Kilo
- Tael ( 37.6 grams)
- Ounce (28.3495 grams)
Below are the tools to convert one unit of gold weight into another:-
Vori To Grams Converter
Type a value in the Vori field to convert the value to Grams:
Grams:
Grams To Vori Converter
Type a value in the Grams field to convert the value to Vori:
Vori:
Vori To Aana Converter
Type a value in the Vori field to convert the value to Aana:
Aana:
Gram To Aana Converter
Type a value in the Grams field to convert the value to Aana:
Aana:
setting the gold price in Nigeria
The gold price in Nigeria is provided by the Central Bank of Nigeria(CBN). These rate are adjusted daily, to avoid any conflicts with the international market which in return provide the financial stability to the country.
Gold Carats System
Gold carat system is a system that is design to measure the quality of gold. In this system, total weight of gold is divided into 24 equal parts. From these 24 parts how many parts are gold gives you the carat number. 24K gold contains 24 out of 24 parts. Therefore it is the purest form of gold i.e. 99.999% pure. Whereas in 22K gold, 22 parts are gold and the remaining two parts are impurity.
Past week prices for All Gold Carats
In the table below Jewellsmark provide you the price for previous week to make a guess about the behavior. This is good major thing in gold trading market.
Gold Price in Other Countries
Check out the gold prices in other featured countries from the list below
Gold investments in Nigeria :
There is no doubt that gold is a safe investment. We recommend the following:
- Investing in gold ETFs
- Investing in gold company shares
- Investing in physical gold
gold market in Nigeria :
Always trade gold with some credible store. It may be prove costly but it will be secure. These stores are available all over the country.
It is possible to purchase and sell gold at many well-known outlets on the gold market. At the Nigeria gold market, you can visit several shops, including:
Azarai Ikeja
Jewelry store in Nigeria
Service options: In-store shopping · In-store pick-up · Delivery
Address: 13B Methodist Church Street, Off Opebi Rd, Ikeja, Nigeria
Phone: +234 818 761 7955
Auwal Gombe Gold Jewellry
Jewelry store in Abuja, Nigeria
Service options: In-store shopping · Delivery
Address: Block 5, Shop 49, Modern Market, Zone 5, Wuse, Abuja, FCT, Nigeria
Phone: +234 803 314 5258
Ingoliment Gold
Clothing store in Onitsha, Nigeria
Service options: In-store shopping · Delivery
Address: 5Q4W+C3X, GRA 434106, Onitsha, Nigeria
Phone: +234 907 870 0315
Disclaimer:
Gold prices on the Nigeria local market may differ from those above depending on fluctuations in the international market. Prices for gold are updated every 10 or 15 minutes according to precise sources. Prices may change in different cities as well.
For any transactions done on the basis of the above-mentioned information, JewellsMark is not responsible as gold rates are taken from the international market.