Gold Price Today in Eritrea

Friday, 31 July 2026, 8:47 PM

Live

60,770.25 Nakfa/Ounce

1,954.03 Nakfa/Gram 24K

1,789.89 Nakfa/Gram 22K

1,465.52 Nakfa/Gram 18K

Gold ounce price in Eritrea is 60,770.25 Nakfa per ounce, Gold gram price is 1,954.03 Nakfa per gram karat 24, 1,791.19 Nakfa per gram karat 22, 1,709.77 Nakfa per gram karat 21, 1,465.52 Nakfa per gram karat 18.

Today, gold price decreased by -820.05 Nakfa per Ounce (-1.33%) compared to yesterday. In the past year, gold rose by 22.76%. Over five years, gold more than doubled (+123.2%). Over the decade, gold grew by 195.9%.

💬 Market Interpretation

gold shows a bullish momentum overall, trading at 60,770.25 Nakfa per Ounce.
Safe-haven demand and inflation hedging continue to support higher prices.

Gold Price in Eritrea in Nakfa

Gold Unit	Nakfa	U.S. Dollar
Gold Ounce	60,770.25	4,051.35
Gold Gram Karat 24K	1,954.03	130.27
Gold Gram Karat 23K	1,885.64	125.71
Gold Gram Karat 22K	1,789.89	119.33
Gold Gram Karat 21K	1,709.77	113.98
Gold Gram Karat 18K	1,465.52	97.70
Gold Gram Karat 14K	1,143.11	76.21
Gold Gram Karat 12K	977.01	65.13
Gold Gram Karat 10K	814.83	54.32
Gold Gram Karat 9K	732.76	48.85
Gold Gram Karat 8K	650.69	43.38

Gold Price Forecast in Eritrea

Bearish (3,950 - 4,080 USD)

Date: Friday, 31 July 2026, 12:01 AM
The forecast: Bearish, The gold price in Eritrea is expected to fall in the next 30 days.
The forecasted price: 59250 - 61200 Nakfa.
The forecasted price in USD: 3,950 - 4,080 USD.
The analysis: Despite escalating Middle East tensions and persistent inflation fears, gold's traditional safe-haven appeal is currently overshadowed by expectations of aggressive interest rate hikes. A strong US Dollar and elevated Treasury yields increase the opportunity cost of holding non-yielding gold, leading to a predominantly bearish outlook. Retail investors should recognize that current macroeconomic pressures are overriding geopolitical drivers, with local USD gold prices reflecting a global trend towards higher yields rather than immediate flight to safety.
Key drivers: Expectations of Further Interest Rate Hikes, Strong US Dollar Index (DXY), High Opportunity Cost of Non-Yielding Gold.

Disclaimer: The gold price forecast is based on historical data and market trends. It is not a guarantee of future performance.

Daily Gold Price Indicators in Eritrea

Today
Bid Price	60,767.21 ERN
Ask Price	60,773.29 ERN
High Price	61,605.15 ERN
Low Price	60,312.60 ERN
Open Price	61,590.30 ERN
Close Price	60,770.25 ERN
Change	-820.05 ERN
Change %	-1.33%
Previous Year
1 Month High	62,500.00 ERN
1 Month Low	59,760.96 ERN
6 Months High	79,787.23 ERN
6 Months Low	59,523.81 ERN
1 Year High	80,213.90 ERN
1 Year Low	49,504.95 ERN

Gold Price Chart in Eritrea

Price of Gold Bullion in Eritrea in Nakfa

The price of gold bullion 1 Gram in Eritrea: 1,954.03 Nakfa
The price of gold bullion 5 Grams in Eritrea: 9,770.14 Nakfa
The price of gold bullion 10 Grams in Eritrea: 19,540.27 Nakfa
The price of gold bullion 20 Grams in Eritrea: 39,080.55 Nakfa
The price of gold bullion 1 Ounce (31.1 Grams) in Eritrea: 60,770.25 Nakfa
The price of gold bullion 50 Grams in Eritrea: 97,701.37 Nakfa
The price of gold bullion 100 Grams in Eritrea: 195,402.73 Nakfa
The price of gold bullion 10 Tolas (116.65 Grams) in Eritrea: 227,937.29 Nakfa
The price of gold bullion 250 Grams (1/4 Kilo) in Eritrea: 488,506.83 Nakfa
The price of gold bullion 500 Grams (1/2 Kilo) in Eritrea: 977,013.67 Nakfa
The price of gold bullion 1000 Grams (1 Kilo) in Eritrea: 1,954,027.33 Nakfa

Gold price in Eritrea in July 2026 in Nakfa


Date	Gold Ounce	Gold Gram 24K	Gold Gram 22K	Gold Gram 18K
31 July 2026	60,705.90	1,951.69	1,787.75	1,463.77
30 July 2026	61,475.41	1,976.43	1,810.41	1,482.33
29 July 2026	60,728.74	1,952.43	1,788.43	1,464.32
28 July 2026	60,483.87	1,944.56	1,781.21	1,458.42
27 July 2026	61,224.49	1,968.37	1,803.02	1,476.28
26 July 2026	60,728.74	1,952.43	1,788.43	1,464.32
25 July 2026	60,728.74	1,952.43	1,788.43	1,464.32
24 July 2026	60,975.61	1,960.37	1,795.70	1,470.27
23 July 2026	60,728.74	1,952.43	1,788.43	1,464.32
22 July 2026	62,240.66	2,001.04	1,832.95	1,500.78
21 July 2026	60,975.61	1,960.37	1,795.70	1,470.27
20 July 2026	60,000.00	1,929.00	1,766.96	1,446.75
19 July 2026	60,240.96	1,936.75	1,774.06	1,452.56
18 July 2026	60,240.96	1,936.75	1,774.06	1,452.56
17 July 2026	60,240.96	1,936.75	1,774.06	1,452.56
16 July 2026	59,760.96	1,921.31	1,759.92	1,440.99
15 July 2026	60,975.61	1,960.37	1,795.70	1,470.27
14 July 2026	60,975.61	1,960.37	1,795.70	1,470.27
13 July 2026	60,000.00	1,929.00	1,766.96	1,446.75
12 July 2026	61,728.40	1,984.57	1,817.86	1,488.43
11 July 2026	61,728.40	1,984.57	1,817.86	1,488.43
10 July 2026	61,475.41	1,976.43	1,810.41	1,482.33
9 July 2026	61,983.47	1,992.77	1,825.38	1,494.58
8 July 2026	60,975.61	1,960.37	1,795.70	1,470.27
7 July 2026	62,240.66	2,001.04	1,832.95	1,500.78
6 July 2026	62,500.00	2,009.38	1,840.59	1,507.03
5 July 2026	62,500.00	2,009.38	1,840.59	1,507.03
4 July 2026	62,500.00	2,009.38	1,840.59	1,507.03
3 July 2026	62,500.00	2,009.38	1,840.59	1,507.03
2 July 2026	61,728.40	1,984.57	1,817.86	1,488.43

Gold Performance in Nakfa

Period	Date	Rate ERN/Ounce	Change	Change %
1 Day	2026-07-31	60,770.25	-820.05	-1.33%
1 Week	2026-07-24	60,975.61	-205.36	-0.34%
30 Days	2026-07-01	60,975.61	-205.36	-0.34%
6 Months	2026-01-31	73,529.41	-12,759.16	-17.35%
1 Year	2025-07-31	49,504.95	+11,265.30	+22.76%
5 Years	2021-07-31	27,231.62	+33,538.63	+123.16%
10 Years	2016-07-31	20,540.54	+40,229.71	+195.86%

Period	Change	Change %
1 Day	-820.05	-1.33%
1 Week	-205.36	-0.34%
30 Days	-205.36	-0.34%
6 Months	-12,759.16	-17.35%
1 Year	+11,265.30	+22.76%
5 Years	+33,538.63	+123.16%
10 Years	+40,229.71	+195.86%

Metal

Karat

Weight

Unit

Currency

60,657.60