Gold Price in Nigeria per Kilogram
1 Gold Kilogram = 141,259,274.24 Nigerian Naira
Gold price is updated at Tuesday 19 November 2024, 10:56 am, GMT (Tuesday 19 November 2024, 11:56 am, Lagos time)
| Current Rate | 140,714,802.32 NGN/kg |
| Bid Price | 140,697,837.60 NGN/kg |
| Ask Price | 140,731,768.04 NGN/kg |
| Open Price | 141,201,175.54 NGN/kg |
The following table shows the latest gold price in Nigeria in Nigerian Naira (NGN) per Kilogram. 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 Kilogram are converted from USD to Nigerian Naira according to the latest exchange rates where 1 USD = 1,667.87 Nigerian Naira.
| Gold Unit | Nigerian Naira (NGN) |
|---|---|
| Gold Kilogram 24K (.999) | 141,118,014.96 |
| Gold Kilogram 22K (.916) | 129,393,495.20 |
| Gold Kilogram 21K (.875) | 123,601,864.96 |
| Gold Kilogram 18K (.750) | 105,944,455.68 |
| Gold Kilogram 14K (.585) | 82,636,675.43 |
| Gold Kilogram 12K (.500) | 70,629,637.12 |
| Gold Kilogram 10K (.417) | 58,905,117.36 |
| Gold Kilogram 9K (.375) | 52,972,227.84 |
| Gold Kilogram 8K (.333) | 47,039,338.32 |
Kilogram is a unit for weighing gold used in Jewelleries in Nigeria. 1 Kilogram = 32.15 troy ounce, 1 troy ounce = 0.031104199066874 Kilogram. Today, Tuesday 19 November 2024 in Nigeria, 1 Kilogram of gold = 141,259,274.24 Nigerian Naira.
Gold price chart in Nigeria in Nigerian Naira Kilogram
Commonly Used Gold Kilogram 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 Kilogram 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 19 November 2024, the current price of gold Kilogram 24K in Nigeria is 141,118,014.96 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 19 November 2024, the current price of gold Kilogram 22K in Nigeria is 129,393,495.20 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 19 November 2024, the current price of gold Kilogram 21K in Nigeria is 123,601,864.96 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 19 November 2024, the current price of gold Kilogram 18K in Nigeria is 105,944,455.68 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 19 November 2024, the current price of gold Kilogram 14K in Nigeria is 82,636,675.43 Nigerian Naira.
- Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Tuesday 19 November 2024, the current price of gold Kilogram 12K in Nigeria is 70,629,637.12 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 19 November 2024, the current price of gold Kilogram 10K in Nigeria is 58,905,117.36 Nigerian Naira.
- Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Tuesday 19 November 2024, the current price of gold Kilogram 9K in Nigeria is 52,972,227.84 Nigerian Naira.
- Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Tuesday 19 November 2024, the current price of gold Kilogram 8K in Nigeria is 47,039,338.32 Nigerian Naira.
Historical gold prices in Nigerian Naira per Kilogram
| Date | Kilogram |
| 18 Nov 24 | 138,785,199.06 |
|---|---|
| 17 Nov 24 | 137,322,844.46 |
| 16 Nov 24 | 137,574,999.01 |
| 15 Nov 24 | 138,987,964.64 |
| 14 Nov 24 | 138,247,834.07 |
| 13 Nov 24 | 140,196,123.14 |
| 12 Nov 24 | 143,275,664.05 |
| 11 Nov 24 | 145,079,287.18 |
| 10 Nov 24 | 145,630,334.22 |
| 09 Nov 24 | 145,107,224.12 |
| 08 Nov 24 | 145,265,113.57 |
| 07 Nov 24 | 143,056,057.18 |
| 06 Nov 24 | 146,415,864.61 |
| 05 Nov 24 | 144,306,182.90 |
| 04 Nov 24 | 144,685,451.60 |
| 03 Nov 24 | 144,396,031.24 |
| 02 Nov 24 | 144,492,216.02 |
| 01 Nov 24 | 145,395,928.73 |
| 31 Oct 24 | 147,391,160.89 |
| 29 Oct 24 | 145,445,976.31 |
| 28 Oct 24 | 144,601,343.12 |
| 27 Oct 24 | 145,308,486.80 |
| 26 Oct 24 | 144,894,511.10 |
| 25 Oct 24 | 144,137,805.46 |
| 24 Oct 24 | 144,525,359.85 |
| 23 Oct 24 | 143,802,050.77 |
| 18 Oct 24 | 142,550,676.75 |
| 17 Oct 24 | 140,884,341.94 |
| 16 Oct 24 | 140,282,034.19 |
| 15 Oct 24 | 138,899,755.66 |
| Amount | NGN |
| 1 kg | 141,259,274.24 |
|---|---|
| 2 kg | 282,518,548.47 |
| 3 kg | 423,777,822.71 |
| 4 kg | 565,037,096.94 |
| 5 kg | 706,296,371.18 |
| 6 kg | 847,555,645.42 |
| 7 kg | 988,814,919.65 |
| 8 kg | 1,130,074,193.89 |
| 9 kg | 1,271,333,468.12 |
| 10 kg | 1,412,592,742.36 |
| 20 kg | 2,825,185,484.72 |
| 30 kg | 4,237,778,227.08 |
| 40 kg | 5,650,370,969.44 |
| 50 kg | 7,062,963,711.80 |
| 60 kg | 8,475,556,454.16 |
| 70 kg | 9,888,149,196.52 |
| 80 kg | 11,300,741,938.88 |
| 90 kg | 12,713,334,681.24 |
| 100 kg | 14,125,927,423.60 |
| 200 kg | 28,251,854,847.21 |
| 300 kg | 42,377,782,270.81 |
| 400 kg | 56,503,709,694.42 |
| 500 kg | 70,629,637,118.02 |
| 600 kg | 84,755,564,541.62 |
| 700 kg | 98,881,491,965.23 |
| 800 kg | 113,007,419,388.83 |
| 900 kg | 127,133,346,812.43 |
| 1000 kg | 141,259,274,236.04 |
Gold Price in Major Cities of Nigeria
| NGN/Kilogram | |
|---|---|
| Lagos | 141,259,274.24 |
| Kano | 141,259,274.24 |
| Ibadan | 141,259,274.24 |
| Kaduna | 141,259,274.24 |
| Port Harcourt | 141,259,274.24 |
| Benin City | 141,259,274.24 |
| Maiduguri | 141,259,274.24 |
| Zaria | 141,259,274.24 |
| Aba | 141,259,274.24 |
| Jos | 141,259,274.24 |
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