24K Rs 2,066,204/tola ▼ -0.85%22K Rs 1,894,089/tola ▼ -0.85%21K Rs 1,807,928/tola ▼ -0.85%18K Rs 1,549,653/tola ▼ -0.85%Updated 4 Oct 2026, 7:15 PM PKT · Sarafa market open24K Rs 2,066,204/tola ▼ -0.85%22K Rs 1,894,089/tola ▼ -0.85%21K Rs 1,807,928/tola ▼ -0.85%18K Rs 1,549,653/tola ▼ -0.85%Updated 4 Oct 2026, 7:15 PM PKT · Sarafa market open
Live NGN Rates · Updated Daily

Gold Rate in Nigeria Today

Track today's 24K, 22K, 21K and 18K gold prices per tola, gram and ounce in Nigerian Naira (NGN) — sourced and converted from international bullion benchmarks.

Sarafa Market Open Last updated: 4 Oct 2026, 7:15 PM PKT ▼ Down -0.85% today

24K Gold

Per Tola
NGN 2,066,204
NGN 177,147 / gram

22K Gold

Per Tola
NGN 1,894,089
NGN 162,390 / gram

21K Gold

Per Tola
NGN 1,807,928
NGN 155,003 / gram

18K Gold

Per Tola
NGN 1,549,653
NGN 132,860 / gram
International Benchmark

Live Gold Spot Price (XAU/USD)

This chart streams the live international gold spot price in US Dollars per ounce, powered by TradingView. Our PKR rates above are converted from this benchmark using the current USD/PKR exchange rate — see our disclaimer for details on how local Sarafa rates may vary.

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Today's Rates

Gold Price Table — Nigeria (NGN)

Full breakdown of today's gold rates across all common purities in Nigerian Naira.

Gold rates in Nigeria (NGN)
Purity Per Tola (11.66g) Per 10 Grams Per Gram
24K Gold NGN 2,066,204 NGN 1,771,467 NGN 177,147
22K Gold NGN 1,894,089 NGN 1,623,904 NGN 162,390
21K Gold NGN 1,807,928 NGN 1,550,034 NGN 155,003
18K Gold NGN 1,549,653 NGN 1,328,600 NGN 132,860
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How Gold Is Priced in Nigeria (NGN)

Retail gold in Nigeria starts from the international XAU/USD spot price converted into Nigerian Naira (NGN) using prevailing FX rates. Local dealers then add fabrication, import and craftsmanship margins.

Figures on this page are indicative melt-equivalent benchmarks for 24K, 22K, 21K and 18K — confirm final shop quotes before buying jewellery or coins.

Local Buyer Context — Nigeria

Compare gold and silver: gold in Nigeria · silver in Nigeria. Pakistan readers: PKR hub.

Looking for Silver?

View live silver prices in Nigeria alongside today's gold rates.

Check Live Silver Rates in Nigeria →
Historical Context

History of Gold Price Hikes in Nigeria

In Nigeria, gold is a growing hedge against persistent naira depreciation and inflation, with both jewellery and informal bullion trade active across Lagos and Abuja. NGN gold prices often rise steeply on currency movements alone, independent of the global spot rate. Local artisanal mining also feeds a domestic market where physical gold is increasingly seen as a way to preserve purchasing power.

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Frequently Asked Questions — Gold Rate in Nigeria

What is the gold rate in Nigeria today?

Today's live 24K, 22K, 21K and 18K gold rates in Nigeria are in the table above, converted from international spot into NGN per tola and per gram.

How is the gold price in Nigeria calculated?

We convert the global XAU/USD benchmark using the NGN exchange rate, then apply standard karat purity factors. Local shops may add taxes, making charges or coin premiums.

Where can I see silver rates for Nigeria?

See /silver-rate-in-nigeria/ for live XAG/NGN conversions.

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Disclaimer: The gold and silver rates provided on this website are aggregated from various local bullion markets and Sarafa Associations across Pakistan. While we strive to maintain accurate and up-to-date information, these prices are indicative and subject to continuous market fluctuations. They do not include making charges, local taxes, or dealer commissions. We recommend verifying the final price with your local jeweller before making any transaction.