Gold Price in Nigeria per Gram
1 Gold Gram = 141,275.52 Nigerian Naira
Gold price is updated at Tuesday 03 December 2024, 02:57 pm, GMT (Tuesday 03 December 2024, 03:57 pm, Lagos time)
| Current Rate | 142,587.72 NGN/gm |
| Bid Price | 142,572.54 NGN/gm |
| Ask Price | 142,602.91 NGN/gm |
| Open Price | 141,668.52 NGN/gm |
The following table shows the latest gold price in Nigeria in Nigerian Naira (NGN) per Gram. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).
Gold prices per Gram are converted from USD to Nigerian Naira according to the latest exchange rates where 1 USD = 1,660.53 Nigerian Naira.
| Gold Unit | Nigerian Naira (NGN) |
|---|---|
| Gold Gram 24K (.999) | 141,134.24 |
| Gold Gram 22K (.916) | 129,408.37 |
| Gold Gram 21K (.875) | 123,616.08 |
| Gold Gram 18K (.750) | 105,956.64 |
| Gold Gram 14K (.585) | 82,646.18 |
| Gold Gram 12K (.500) | 70,637.76 |
| Gold Gram 10K (.417) | 58,911.89 |
| Gold Gram 9K (.375) | 52,978.32 |
| Gold Gram 8K (.333) | 47,044.75 |
Gram is a unit for weighing gold used in Jewelleries in Nigeria. 1 Gram = 0.03215 troy ounce, 1 troy ounce = 31.104199066874 Gram. Today, Tuesday 03 December 2024 in Nigeria, 1 Gram of gold = 141,275.52 Nigerian Naira.
Gold price chart in Nigeria in Nigerian Naira Gram
Commonly Used Gold Gram Karats in Nigeria
Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.
The following are commonly used Gram karats in Nigeria as well as other countries:
- Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Tuesday 03 December 2024, the current price of gold Gram 24K in Nigeria is 141,134.24 Nigerian Naira.
- Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Tuesday 03 December 2024, the current price of gold Gram 22K in Nigeria is 129,408.37 Nigerian Naira.
- Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Tuesday 03 December 2024, the current price of gold Gram 21K in Nigeria is 123,616.08 Nigerian Naira.
- Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Tuesday 03 December 2024, the current price of gold Gram 18K in Nigeria is 105,956.64 Nigerian Naira.
- Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Tuesday 03 December 2024, the current price of gold Gram 14K in Nigeria is 82,646.18 Nigerian Naira.
- Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Tuesday 03 December 2024, the current price of gold Gram 12K in Nigeria is 70,637.76 Nigerian Naira.
- Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Tuesday 03 December 2024, the current price of gold Gram 10K in Nigeria is 58,911.89 Nigerian Naira.
- Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Tuesday 03 December 2024, the current price of gold Gram 9K in Nigeria is 52,978.32 Nigerian Naira.
- Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Tuesday 03 December 2024, the current price of gold Gram 8K in Nigeria is 47,044.75 Nigerian Naira.
Historical gold prices in Nigerian Naira per Gram
| Date | Gram |
| 02 Dec 24 | 141,882.74 |
|---|---|
| 01 Dec 24 | 143,527.82 |
| 30 Nov 24 | 143,654.81 |
| 29 Nov 24 | 144,245.69 |
| 28 Nov 24 | 142,985.06 |
| 27 Nov 24 | 142,784.63 |
| 26 Nov 24 | 143,247.43 |
| 25 Nov 24 | 145,541.30 |
| 24 Nov 24 | 147,613.96 |
| 23 Nov 24 | 147,947.91 |
| 22 Nov 24 | 145,231.93 |
| 21 Nov 24 | 143,558.19 |
| 20 Nov 24 | 142,300.09 |
| 19 Nov 24 | 140,569.34 |
| 18 Nov 24 | 138,785.20 |
| 17 Nov 24 | 137,322.84 |
| 16 Nov 24 | 137,575.00 |
| 15 Nov 24 | 138,987.96 |
| 14 Nov 24 | 138,247.83 |
| 13 Nov 24 | 140,196.12 |
| 12 Nov 24 | 143,275.66 |
| 11 Nov 24 | 145,079.29 |
| 10 Nov 24 | 145,630.33 |
| 09 Nov 24 | 145,107.22 |
| 08 Nov 24 | 145,265.11 |
| 07 Nov 24 | 143,056.06 |
| 06 Nov 24 | 146,415.86 |
| 05 Nov 24 | 144,306.18 |
| 04 Nov 24 | 144,685.45 |
| 03 Nov 24 | 144,396.03 |
| Amount | NGN |
| 1 gm | 141,275.52 |
|---|---|
| 2 gm | 282,551.03 |
| 3 gm | 423,826.55 |
| 4 gm | 565,102.06 |
| 5 gm | 706,377.58 |
| 6 gm | 847,653.09 |
| 7 gm | 988,928.61 |
| 8 gm | 1,130,204.13 |
| 9 gm | 1,271,479.64 |
| 10 gm | 1,412,755.16 |
| 20 gm | 2,825,510.31 |
| 30 gm | 4,238,265.47 |
| 40 gm | 5,651,020.63 |
| 50 gm | 7,063,775.78 |
| 60 gm | 8,476,530.94 |
| 70 gm | 9,889,286.09 |
| 80 gm | 11,302,041.25 |
| 90 gm | 12,714,796.41 |
| 100 gm | 14,127,551.56 |
| 200 gm | 28,255,103.13 |
| 300 gm | 42,382,654.69 |
| 400 gm | 56,510,206.25 |
| 500 gm | 70,637,757.82 |
| 600 gm | 84,765,309.38 |
| 700 gm | 98,892,860.94 |
| 800 gm | 113,020,412.51 |
| 900 gm | 127,147,964.07 |
| 1000 gm | 141,275,515.63 |
Gold Price in Major Cities of Nigeria
| NGN/Gram | |
|---|---|
| Lagos | 141,275.52 |
| Kano | 141,275.52 |
| Ibadan | 141,275.52 |
| Kaduna | 141,275.52 |
| Port Harcourt | 141,275.52 |
| Benin City | 141,275.52 |
| Maiduguri | 141,275.52 |
| Zaria | 141,275.52 |
| Aba | 141,275.52 |
| Jos | 141,275.52 |
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