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Gold Price Today in Nigeria (18K)

18K gold, per gram

128,282Nigerian Naira / gram

-1,332 (-1.03%)since yesterday's close

Spot price before making charges and tax

Bid
128,272
Ask
128,293
Ounce 18K
3,990,026

Gold prices today in Nigeria by karat

· Updated 11:10 UTC

Gold price table today in Nigerian Naira per karat and weight unit
KaratGram (NGN)Ounce
24K99.9%171,0435,320,033
22K91.7%156,8464,878,471
21K87.5%149,6634,655,027
18K75%128,2823,990,026
14K58.3%99,7183,101,580

Prices are international spot gold (Swissquote XAU/USD, then live PAXG/USD quotes while the page is open) converted to Nigerian Naira at the day's mid-market rate, before making charges, retailer margin and local tax. Bid/ask are the live spot quotes.

Gold price in Nigeria, previous days

30-day high for 18K per gram: Nigerian Naira 136,879; 30-day low: Nigerian Naira 126,575 (daily close).

Daily closing gold price per gram in Nigerian Naira for the last 7 trading days by karat
Date18KChange (18K)
128,198-1,675 (-1.29%)
129,873-964 (-0.74%)
130,837-2,737 (-2.05%)
133,574+1,286 (+0.97%)
132,288-1,253 (-0.94%)
133,541+1,315 (+0.99%)
132,227+4,305 (+3.37%)

Daily COMEX futures close converted to a per-gram price with the same purity and FX formula as the live table.

Gold price chart in Nigerian Naira per troy ounce, 1 year
Gold price chart in Nigerian Naira per troy ounce, 1 year1M1Y5Y10YMAX
Embed this chart on your site (free, with attribution)
<a href="https://goldpricesarabia.com/en/nigeria/gold-price/18k"><img src="https://goldpricesarabia.com/charts/gold/ngn/1y?lang=en&unit=oz" width="1200" height="630" alt="Gold price chart in Nigerian Naira per troy ounce, 1 year" loading="lazy"></a>
<p style="font:12px sans-serif"><a href="https://goldpricesarabia.com/en/nigeria/gold-price/18k">Source: Gold Prices Arabia</a></p>

What 18K gold actually is

75% pure · 18/24 · hallmarked 750

18K is three-quarters gold, stamped 750, and it is the usual standard for fine and designer jewellery — what the major international jewellery houses work in. A quarter of the metal is alloy, making it noticeably harder than 21K or 22K and far better at holding a polished edge.

That hardness is why gem-set pieces are usually 18K: prongs holding a diamond have to stay where they were bent, and softer gold lets stones work loose. It is also the karat that carries colour — a copper-heavy mix gives rose gold, palladium or nickel gives white gold.

Priced per gram it looks cheaper than 21K, but that is arithmetic, not a discount: you are buying a quarter less gold. Sold back, the shop pays on 75% of the weight — so compare 18K against 21K by gold content, never by the sticker.

Browse by Karat

Gold Calculator

Convert grams, ounces, or kilos into live currency value.

Estimated value
NGN 1,282,823.03
10.00 g × $95.2828/g = $952.83 (USD base)

How this price is calculated

Today's 18K gold price in Nigeria in NGN: the international spot ounce (Swissquote XAU/USD, then live PAXG/USD quotes from Binance, Coinbase and Kraken while the page is open) converted to NGN at the day's mid-market rate, divided by 31.1035 g and scaled by purity.

All prices in NGN. The exchange rate is the day's mid-market rate from open data; the figure shown is the spot price before making charges and tax.

Today's Range & Spread

XAU/NGN
Low NGN 5,279,856.78High NGN 5,382,511.24
Bid
NGN 5,319,588.79
Mid
NGN 5,320,031.73
Ask
NGN 5,320,474.68
spread NGN 885.887

Nigeria gold market

Prices here are converted from the dollar price at the day's NGN/USD rate, so they move with that exchange rate as well as with gold. Nigeria's gold output is small and largely artisanal; Segilola is its only industrial-scale gold mine.

Common questions about 18K gold in Nigeria

What is the 18K gold price today in Nigeria?
18K gold price in Nigeria is shown in NGN in the table above and keeps moving while the page is open. The price is derived from the international spot ounce price (XAU/USD, from Swissquote and live PAXG/USD quotes), divided by 31.1035 grams per troy ounce, multiplied by the purity ratio (75%), and converted at the daily NGN/USD FX rate.
Does the Nigeria gold price include making charges and VAT?
No. The displayed price is the raw spot-equivalent gold value only. Jewellery shops add a making charge, which each shop sets, and their own margin.
Why does 18K gold in Nigeria differ from the global price?
Global gold is priced in USD. The Nigeria price shown here is the same global price converted to NGN at the daily FX rate, then divided to a per-gram value at the 18K purity ratio. There is no real price difference — just unit and currency conversion.
Where do I buy 18K gold in Nigeria?
Gold is sold in Nigeria at local gold souks and licensed goldsmiths. Always check the hallmark stamp to confirm karat, and obtain a documented receipt. The spot price shown here is your reference for evaluating the shop's price before making charges.
How often is the Nigeria gold price updated?
The spot price is refreshed from Swissquote at least every five minutes and moves with live PAXG/USD quotes while the page is open. The NGN/USD exchange rate is the day's mid-market rate from the open-source currency-api feed. The price you see is the global spot price converted to the local currency.

Today's price, every morning

We post the gram price for Nigeria on Instagram every day — 24K, 22K, 21K and 18K, with the daily move.

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