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Nigeria Gold Rate Today

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16-Jun-2024, Sun, Evening

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Qty 22K Gold Rate 18K Gold Rate 24K Gold Rate
10g NGN 247,240.00 NGN 202,290.00 NGN 269,721.75
8g NGN 197,792.00 NGN 161,832.00 NGN 215,777.40
4g NGN 98,896.00 NGN 80,916.00 NGN 107,888.70
2g NGN 49,448.00 NGN 40,458.00 NGN 53,944.35
1g NGN 24,724.00 NGN 20,229.00 NGN 26,972.17

Other Carats | Other Weights | Hallmark Rates

INR | USD | AED | SAR | MYR | SGD

Nigeria Silver Rate Today

Nigeria Gold Rate History

The table below lists Gold rate in Nigeria per gram. Click the following link to check for Silver Rate History in Nigeria.

Date 22Ct Gold Rate 24Ct Gold Rate
16-Jun-2024, Sun PM NGN 24,724.49 NGN 26,972.17
16-Jun-2024, Sun AM NGN 24,724.49 NGN 26,972.17
15-Jun-2024, Sat PM NGN 24,724.49 NGN 26,972.17
15-Jun-2024, Sat AM NGN 24,724.49 NGN 26,972.17
14-Jun-2024, Fri PM NGN 24,724.49 NGN 26,972.17
14-Jun-2024, Fri AM NGN 24,580.74 NGN 26,815.35
13-Jun-2024, Thu PM NGN 24,516.02 NGN 26,744.75
13-Jun-2024, Thu AM NGN 24,574.90 NGN 26,808.98
12-Jun-2024, Wed PM NGN 24,679.93 NGN 26,923.56
12-Jun-2024, Wed AM NGN 24,559.52 NGN 26,792.20
11-Jun-2024, Tue PM NGN 24,576.49 NGN 26,810.72
11-Jun-2024, Tue AM NGN 24,427.96 NGN 26,648.69
10-Jun-2024, Mon PM NGN 24,448.12 NGN 26,670.68
10-Jun-2024, Mon AM NGN 24,376.51 NGN 26,592.55

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Nigeria Gold Rate Trend

Nigeria Gold Rate in Last 7 Days

22Ct Gold Rate

In last 7 days, NGN 24,376.51 was the lowest 22 Carat Gold rate in Nigeria retail market per Gram which was on 10-Jun-2024, while the highest 22 Carat market Gold price in Nigeria per Gram was recorded on 15-Jun-2024, which was as high as NGN 24,724.49. Market 22 Carat Gold rate today in Nigeria is NGN 24,724.00 per Gram.

24Ct Gold Rate

In last 7 days, NGN 26,592.55 was the lowest 24 Carat Gold rate in Nigeria retail market per Gram which was on 10-Jun-2024, while the highest 24 Carat market Gold price in Nigeria per Gram was recorded on 15-Jun-2024, which was as high as NGN 26,972.17. Market 24 Carat Gold rate today in Nigeria is NGN 26,972.17 per Gram.

Nigeria Gold Rate in Last 30 Days

22Ct Gold Rate

In last 30 days, NGN 24,376.51 was the lowest 22 Carat Gold rate in Nigeria retail market per Gram which was on 10-Jun-2024, while the highest 22 Carat market Gold price in Nigeria per Gram was recorded on 20-May-2024, which was as high as NGN 25,932.90. Market 22 Carat Gold rate today in Nigeria is NGN 24,724.00 per Gram.

24Ct Gold Rate

In last 30 days, NGN 26,592.55 was the lowest 24 Carat Gold rate in Nigeria retail market per Gram which was on 10-Jun-2024, while the highest 24 Carat market Gold price in Nigeria per Gram was recorded on 20-May-2024, which was as high as NGN 28,290.43. Market 24 Carat Gold rate today in Nigeria is NGN 26,972.17 per Gram.

Nigeria Gold Rate in Last 90 Days

22Ct Gold Rate

In last 90 days, NGN 22,846.11 was the lowest 22 Carat Gold rate in Nigeria retail market per Gram which was on 20-Mar-2024, while the highest 22 Carat market Gold price in Nigeria per Gram was recorded on 20-May-2024, which was as high as NGN 25,932.90. Market 22 Carat Gold rate today in Nigeria is NGN 24,724.00 per Gram.

24Ct Gold Rate

In last 90 days, NGN 24,923.03 was the lowest 24 Carat Gold rate in Nigeria retail market per Gram which was on 20-Mar-2024, while the highest 24 Carat market Gold price in Nigeria per Gram was recorded on 20-May-2024, which was as high as NGN 28,290.43. Market 24 Carat Gold rate today in Nigeria is NGN 26,972.17 per Gram.

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Nigeria Gold Rate FAQs

What is the market price of Gold in Nigeria today?

Today, the 22 Carat Gold price per gram in Nigeria is NGN 24,724.00, today's 24 Carat Gold rate per gram in Nigeria is NGN 26,972.17, 18 Carat Gold cost per gram today in Nigeria is NGN 20,229.00, today's 14 Carat Gold price per gram in Nigeria is NGN 15,734.00. Please click here to check for other Carat Gold prices in Nigeria.

What was the retail price of Gold in Nigeria yesterday?

Yesterday, the 22 Karat Gold rate per gram in Nigeria was NGN 24,724.00, yesterday's 24 Karat Gold price per gram in Nigeria was NGN 26,972.17, 18 Karat Gold cost per gram yesterday in Nigeria was NGN 20,229.00, yesterday's 14 Karat Gold price per gram in Nigeria was NGN 15,734.00.

What would be the future Gold rate forecast in Nigeria?

In a month's time, the retail Gold price forecast in Nigeria per gram of 22 Carat purity is expected to be around NGN 25,154.70. 22 Carat Gold rate prediction in Nigeria per gram for next 7 days may be around NGN 24,550.50. Forecast of 22 Carat Gold cost in Nigeria for next 90 days would be around NGN 24,389.50 per gram.

What was the highest and lowest Gold rate across Nigeria in last 3 months?

Did you know, NGN 22,846.11 was the lowest 22 Karat Gold rate in Nigeria retail market per gram in last 3 months which was on 20-Mar-2024, while the highest 22 Karat market Gold price in Nigeria per gram was recorded on 20-May-2024, which was as high as NGN 25,932.90. Market 22 Karat Gold rate today in Nigeria is NGN 24,724.00 per gram.

What is the current price of Gold Bars, Biscuits and Coins in Nigeria?

1 Ounce 24Ct (99.9%) Gold Bar price in Nigeria is NGN 838,928.42 and 1 Sovereign 24Ct (99.9%) Gold Coin rate in Nigeria is NGN 215,777.40. 1 Kilogram pure Gold Bar (99.9%) price in Nigeria is NGN 26,972,174.87 and 10 Tolas pure Gold Biscuit (99.9%) rate in Nigeria is NGN 3,145,981.56.

What are the different Gold Hallmarks in Nigeria Jewellery Stores?

Jewellery Stores in Nigeria sell the following types of hallmarked Gold - 375 Hallmark Gold (9 Carat Gold), 585 Hallmark Gold (14 Carat Gold), 750 Hallmark Gold (18 Carat Gold), 875 Hallmark Gold (21 Carat Gold), 916 Hallmark Gold (22 Carat Gold), 958 Hallmark Gold (23 Carat Gold) and 999 Hallmark Gold (24 Carat Gold).

What are the different Carats of Gold sold across Nigeria?

Gold Carat (CT) or Karat (KT or K) is used to represent fineness of Gold present in Jewellery. The different Carats of Gold Jewellery sold across Nigeria are 24 Carat Gold (pure Gold), 23 Carat Gold, 22 Carat Gold (standard Gold), 21 Carat Gold, 20 Carat Gold, 19 Carat Gold, 18 Carat Gold, 17 Carat Gold, 16 Carat Gold, 15 Carat Gold, 14 Carat Gold, 13 Carat Gold, 12 Carat Gold, 11 Carat Gold, 10 Carat Gold, 9 Carat Gold and 8 Carat Gold.

What are the different Gold Jewellery Colours sold in Nigeria?

Gold Jewellery in Nigeria is available in different Colours - Yellow Gold is the most popular colour used in Jewelry across Nigeria Jewellery Shops, White Gold is also commonly used in Nigeria Jewellery Stores, Rose Gold is also used in Jewellery and Green Gold is also available in Jewellery Showrooms across Nigeria.

How is Gold measured and sold across Nigeria?

Jewellery Shops across Nigeria buy and sell Gold in Grams, Tolas, Sovereigns, Pavans, Ounces and Kilograms. 1 gram of Gold is equal to 1000 milligrams. 1 Tola of gold is equal to 11.6638038 Grams, 1 Sovereign of Gold is equal to 8 Grams, 1 Pavan of Gold is equal to 8 Grams, 1 Ounce of Gold is equal to 31.1034768 Grams, 1 Kg of Gold is equal to 1000 Grams. Gold Bars are sold in Kilos. Gold Biscuits are sold in Ounces. Gold Coins are sold in Grams, Tolas, Sovereigns and Pavans.

How to invest in Gold?

Since your Indian Rupees is going to fall in value, Gold is the best place to preserve value. The best forms for gold ownership are through minted coins such as one-ounce South African Krugerrands, Canadian Maple Leafs or American Eagles. The recent explosion in Exchange Traded Funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, Gold Mutual Funds provide a helpful alternative.

For the more sophisticated and experienced investor, Options allow you to speculate in gold prices. But in the options market, you can speculate on price movements in either direction. If you buy a call, you are hoping prices will rise. A call fixes the purchase price so the higher that price goes, the greater the margin between your fixed option price and current market price. When you buy a put, you expect the price to fall. Buying options is risky, and more people lose than win. In fact, about three-fourths of all options bought expire worthless. The options market is complex and requires experience and understanding. To generalize, options possess two key traits such as one bad and one good. The good trait is that they enable an investor to control a large investment with a small and limited amount of money. The bad trait is that options expire within a fixed period of time. Thus for the buyer, time is the enemy because as the expiration date gets closer, an option’s “time value” disappears. Anyone investing in options needs to understand all of the risks before they spend money. The Futures market is far too complex for the vast majority of investors. Even experienced options investors recognize the high risk nature of the futures market. Considering the range of ways to get into the gold market, futures trading is the most complex and, while big fortunes could be made, they can also be lost in an instant.

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Gold Rate in Other Indian Cities

Disclaimer

Golden Chennai provides gold rate in Nigeria obtained from sources believed to be reliable, but we do not guarantee their accuracy. Our gold rate data are provided without warranty or claim of reliability. It is accepted by the site visitor on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any visitor. References made to third parties are based on information obtained from sources believed to be reliable but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment.

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Nigeria Gold Rate Today in Carats

Carat 1 Gram
8 Carat NGN 8,991.00
9 Carat NGN 10,115.00
10 Carat NGN 11,238.00
12 Carat NGN 13,486.00
14 Carat NGN 15,734.00
16 Carat NGN 17,981.00
20 Carat NGN 22,477.00
21 Carat NGN 23,601.00
23 Carat NGN 25,848.00

Nigeria Gold Rate Today in Other Weights

Qty 22K Gold Rate 24K Gold Rate
1 Sovereign NGN 197,792.00 NGN 215,777.40
1 Tola NGN 288,375.89 NGN 314,598.16
1 Ounce NGN 769,002.36 NGN 838,928.42
1 Pavan NGN 197,792.00 NGN 215,777.40
1 Kilo NGN 24,724,000.00 NGN 26,972,174.87

Nigeria Hallmark Gold Rates Today

Hallmark 1 Gram
375 (9Ct Gold) NGN 10,115.00
585 (14Ct Gold) NGN 15,734.00
750 (18Ct Gold) NGN 20,229.00
875 (21Ct Gold) NGN 23,601.00
916 (22Ct Gold) NGN 24,724.00
958 (23Ct Gold) NGN 25,848.00
999 (24Ct Gold) NGN 26,972.17

Nigeria Gold Rate Today in US Dollars (USD)

Hallmark 1 Gram
750 (18Ct Gold) USD 56.19
875 (21Ct Gold) USD 65.56
916 (22Ct Gold) USD 68.68
999 (24Ct Gold) USD 74.93

Nigeria Gold Rate Today in Indian Rupees (INR)

Hallmark 1 Gram
750 (18Ct Gold) ₹ 3,888.18
875 (21Ct Gold) ₹ 4,536.30
916 (22Ct Gold) ₹ 4,752.15
999 (24Ct Gold) ₹ 5,184.27

Nigeria Gold Rate Today in UAE Dirhams (AED)

Hallmark 1 Gram
750 (18Ct Gold) AED 206.37
875 (21Ct Gold) AED 240.77
916 (22Ct Gold) AED 252.23
999 (24Ct Gold) AED 275.16

Nigeria Gold Rate Today in Saudi Riyals (SAR)

Hallmark 1 Gram
750 (18Ct Gold) SAR 210.73
875 (21Ct Gold) SAR 245.85
916 (22Ct Gold) SAR 257.55
999 (24Ct Gold) SAR 280.97

Nigeria Gold Rate Today in Malaysian Ringgits (MYR)

Hallmark 1 Gram
750 (18Ct Gold) MYR 229.43
875 (21Ct Gold) MYR 267.68
916 (22Ct Gold) MYR 280.42
999 (24Ct Gold) MYR 305.91

Nigeria Gold Rate Today in Singapore Dollars (SGD)

Hallmark 1 Gram
750 (18Ct Gold) SGD 76.82
875 (21Ct Gold) SGD 89.62
916 (22Ct Gold) SGD 93.88
999 (24Ct Gold) SGD 102.42