Latest Prices of Gold (Per Gram) in Nigeria Today – March 21st, 2024
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As of March 21st, 2024, several variables, such as local market conditions, currency exchange rates, and worldwide demand, have an impact on Nigeria’s gold prices per gram.
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We address some commonly asked questions concerning the current gold prices in Nigeria below.
What is the price of gold per gram in Nigeria today?
- 24K Gold: ₦112,281.44
- 22K Gold: ₦102,849.80
- 21K Gold: ₦98,246.26
- 18K Gold: ₦84,211.08
- 14K Gold: ₦65,684.64
- 12K Gold: ₦56,140.72
- 10K Gold: ₦46,821.36
- 9K Gold: ₦42,105.54
- 8K Gold: ₦37,389.72
How are these prices determined?
The global gold market, the USD to NGN exchange rate, and regional market dynamics all affect the price of gold per gram in Nigeria. The current spot price of gold is reflected in the rates, which are updated regularly.
What could affect the future prices of gold in Nigeria?
The following variables could affect Nigeria’s gold prices in the future:
Global Economic Stability: Gold prices are highly susceptible to fluctuations in the economy.
Currency fluctuations: The value of the US dollar relative to the Nigerian Naira can have an impact on gold prices.
The interplay between the production of gold and the demand from consumers can influence price fluctuations.
Investor Behavior: Price volatility can result from decisions made by investors based on the state of the market.
Where can I buy gold in Nigeria?
Licensed jewelers, gold dealers, and financial institutions that offer investments in precious metals can all be bought gold. To steer clear of fake goods, make sure you’re working with reliable sources.
Gold Price Table (Per Gram in NGN)
| Karat | Price (₦) |
|---|---|
| 24K | 112,281.44 |
| 22K | 102,849.80 |
| 21K | 98,246.26 |
| 18K | 84,211.08 |
| 14K | 65,684.64 |
| 12K | 56,140.72 |
| 10K | 46,821.36 |
| 9K | 42,105.54 |
| 8K | 37,389.72 |
