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Gold Price in Nigeria in NGN | Live | 2023

Today Gold Rate In Nigeria:
28,746.61 (NGN) Per Gram For 24 Carat

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.

Unit
(Buying Gold)
Price (NGN) Price (USD)
Gold Ounce894,019.421,941.75
Gold Gram Carat 2428,746.6162.44
Gold Gram Carat 2226,351.0557.23
Gold Gram Carat 2125,153.2854.63
Gold Gram Carat 1821,559.9546.83
Gold Gram Carat 1416,768.8536.42
Gold Gram Carat 1214,373.3031.22
Gold Gram Carat 1011,977.7526.01

Gold 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:

Table Of Contents
  1. 24K gold prices in Nigeria
    • gold Price Surveillance in Nigeria
    • Prices for Various Gold Units
    • Various units For Gold Measurements
      • Vori To Grams Converter
      • Grams To Vori Converter
      • Vori To Aana Converter
      • Gram To Aana Converter
    • Gold Price Calculator
    • setting the gold price in Nigeria
    • Gold Carats System
    • Past week prices for All Gold Carats
  2. Gold Price in Other Countries
    • Gold investments in Nigeria :
    • gold market in Nigeria :
    • Disclaimer:

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 24K887,236.9 NGN
1 Tola 24K332,713.8 NGN
1 Gram 24K28,480.3 NGN
10 Grams 24K284,803.0 NGN
1 Kilo 24K28,480,303.1 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.

1-tola-22-carat-gold-price-in-Nigeria
1-tola-22-carat-gold-price-in-Nigeria

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 Gold28480.3284803332080.29820755.018625807402.26485
23K Gold27293.6272936318243.37619890.211773759.9132
22K Gold26106.9261069304406.45419025.403375740117.56155
21K Gold24920.3249203290570.69818160.668625706478.04485
18K Gold21360.2213602249059.93215566.24575605550.9899
16K Gold18986.9189869221387.25413836.703375538269.12155
14K Gold16613.5166135193713.4112107.088125470984.41825
10K Gold11866.8118668138366.8888647.9305336417.8466
9K Gold10680.1106801124529.9667783.122875302775.49495

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.  

  1. Tola
  2. Gram
  3. Kilo
  4. Tael ( 37.6 grams)
  5. 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:

Gold Price Calculator

If you need to calculate the gold price for your own custom weight here is a calculator. You only need to put the require value in the given section and it will tell you the exact price for the corresponding weight.

Quantity
(Select the No.
by pressing Up/Down key)
Gold Unit Price
(NGN)
Price
(USD)
Vori / Tola335185.4726728.0504
Ounce814952.0201951770.14278
Kilo Grams2874661062440
Gram 24 Carat28746.6162.44
Gram 22 Carat26331.8947657.19504
Gram 21 Carat25153.2837554.635
Gram 20 Carat23974.6727452.07496
Gram 18 Carat21559.957546.83
Gram 14 Carat16759.2736336.40252
Gram 10 Carat11958.5897625.97504
Aana 20949.092037545.50315
Ratti157818.8889342.7956
Masha29609.008364.3132

   


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.

DATE 24k Price (NGN) 22k Price (NGN) 21k Price (NGN) 18k Price (NGN) 14k Price (NGN)
21 March 202329,313.9426,868.9525,644.5421,978.3817,104.38
20 March 202329,259.1826,818.7625,596.6421,937.3317,072.43
19 March 202329,433.6926,978.7125,749.3022,068.1717,174.25
18 March 202329,433.6926,978.7125,749.3022,068.1717,174.25
17 March 202328,581.3626,197.4825,003.6721,429.1316,676.93
16 March 202328,314.2625,952.6624,770.0021,228.8716,521.08
15 March 202328,152.1725,804.0824,628.2021,107.3416,426.50
14 March 202328,205.1825,852.6724,674.5721,147.0816,457.43
13 March 202327,834.0625,512.5024,349.9020,868.8316,240.88
12 March 202327,677.9825,369.4424,213.3620,751.8116,149.81
11 March 202327,677.9825,369.4424,213.3620,751.8116,149.81
10 March 202327,120.3624,858.3323,725.5520,333.7315,824.45
9 March 202326,872.5124,631.1523,508.7220,147.9015,679.83
8 March 202326,822.0824,584.9323,464.6020,110.0915,650.41
7 March 202327,367.4525,084.8123,941.7020,518.9915,968.62
6 March 202327,468.9925,177.8924,030.5420,595.1216,027.88
5 March 202327,468.9925,177.8924,030.5420,595.1216,027.88
4 March 202327,468.9925,177.8924,030.5420,595.1216,027.88
3 March 202327,217.1124,947.0123,810.1920,406.2715,880.90
2 March 202327,167.1724,901.2423,766.5020,368.8315,851.76
1 March 202327,117.4224,855.6323,722.9720,331.5215,822.73
28 February 202326,870.1224,628.9623,506.6320,146.1115,678.44
27 February 202326,772.4124,539.4123,421.1520,072.8615,621.43
26 February 202326,820.9124,583.8623,463.5820,109.2215,649.73
25 February 202326,820.9124,583.8623,463.5820,109.2215,649.73
24 February 202327,016.6924,763.3123,634.8520,256.0015,763.96
23 February 202327,067.8424,810.1923,679.6020,294.3615,793.81
22 February 202327,217.1124,947.0123,810.1920,406.2715,880.90
21 February 202327,221.8424,951.3523,814.3220,409.8215,883.66
20 February 202327,271.3824,996.7623,857.6620,446.9615,912.57

Gold Price in Other Countries

Check out the gold prices in other featured countries from the list below

  • Gold Price In Afghanistan
  • Gold Price In Australia
  • Gold Price In Belgium
  • Gold Price In Brazil
  • Gold Price In Cambodia
  • Gold Price In Canada

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.

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  • Gold Price
  • Country
    • Pakistan
    • India
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    • Oman
    • Saudi Arabia
    • Nepal
    • Tanzania
    • Sri Lanka
    • Malaysia
    • Kenya
    • Egypt
    • Iraq
    • Afghanistan
    • Iran
    • Cambodia
    • Uganda
    • Lebanon
    • Morocco
    • Ukrain
    • Taiwan
  • Blogs
    • Types Of Gold | Well Researched Guide
    • 999 gold | Guide About 24k Gold
    • 14k Gold | A Complete Guide
    • How to Measure Gold Weight?
    • All About 18k, Is it Good to Buy 18K Gold?
  • Privacy Policy
  • Contact Us