Question 1

What is the gold price in Nigeria today?

Accepted Answer

Today's gold price in Nigeria is ₦170,936 per gram (NGN), converted live from the international spot market. The price refreshes every minute.

Question 2

How much is 1 gram of gold in Nigeria?

Accepted Answer

One gram of 24K gold in Nigeria costs ₦170,936 at the live rate. Jewellery-grade 22K works out to about ₦156,577 per gram before craftsmanship charges.

Question 3

Why is gold priced in NGN different from the dollar price?

Accepted Answer

The NGN price is the dollar spot price converted at the live USD/NGN exchange rate, so currency moves shift local prices even when gold itself is flat. Dealer premiums add a further small spread.

Question 4

Where can I buy gold at near-spot prices in Nigeria?

Accepted Answer

Licensed bullion dealers and major banks typically sell closest to spot. Compare at least two quotes against the live benchmark above — unusually large premiums are a red flag.

Gram	₦170,936
Troy ounce (31.10 g)	₦5,316,692
Kilogram	₦170,935,502
Tola (11.66 g)	₦1,993,758

Gold Price in Nigeria

GOLD PRICE IN NGN

WORLD GOLD PRICES