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XAU/USD4,045.80+0.15%XAG/USD52.19+1.12%EUR/USD1.1166-0.02%USD/JPY158.81+0.05%
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WORLD GOLD PRICE IN NGN

Gold price in Nigeria today (NGN)

gram · 24K (99.99%)

175,579NGN per gram

▲ 0.11% since yesterdayXAU/USD 4,045.80USD/NGN 1,349.82

The world spot price (XAU/USD) converted at today’s exchange rate. It does not include local premiums, taxes or making charges. Gold: XAU/USD spot, Nov 11, 02:38 UTC. Exchange rate: Nov 12, 2026.

Gold price in NGN by weight and purity

Weight24K (99.99%)22K (91.6%)18K (75%)
1 gram1 g175,579 NGN160,830 NGN131,684 NGN
1 troy ounce31.1035 g5,461,112 NGN5,002,379 NGN4,095,834 NGN

Gold value calculator

Value at today’s world price

175,579 NGN≈ 130.08 USD

Last 30 days in NGN

-1.92%
173,613176,130178,647Nov 6Nov 12

Daily close of spot gold multiplied by that day’s exchange rate, so the line shows both gold and the currency moving.

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Why shops in Nigeria charge more

Local dealers and jewellers quote per gram by karat; prices move with both the world gold price and the naira exchange rate.

This page shows what the gold itself is worth at the world price. A shop, bank or mint adds its spread, the cost of making the bar or jewellery, and any import duty or tax, so the price you pay is higher and the price you get when you sell is lower.

FAQ

How much is 1 gram of gold in NGN today?

At the world price, 1 gram of 24K gold is worth 175,579 NGN right now. The figure updates with the live gold price; shop prices in Nigeria are higher because they include a premium and taxes.

How is this price calculated?

We take the live spot price of one troy ounce (31.1035 g) of gold in US dollars, divide by 31.1035 to get the price per gram, multiply by the weight and purity, then convert to NGN at today’s exchange rate.

How many grams are in 1 gram?

1 gram is 1 grams.

Is this the price I will get when I sell gold?

No. Buyers pay less than the world price to cover their spread and refining costs, and jewellery is usually bought back by weight of pure gold only, not the making charge.