Gold Price Today in Eritrea

Friday, 7 August 2026, 10:11 PM

Live

65,121.30 Nakfa/Ounce

2,093.93 Nakfa/Gram 24K

1,918.04 Nakfa/Gram 22K

1,570.45 Nakfa/Gram 18K

Gold ounce price in Eritrea is 65,121.30 Nakfa per ounce, Gold gram price is 2,093.93 Nakfa per gram karat 24, 1,919.44 Nakfa per gram karat 22, 1,832.19 Nakfa per gram karat 21, 1,570.45 Nakfa per gram karat 18.

Today, gold price increased by 1,344.15 Nakfa per Ounce (+2.11%) compared to yesterday. In the past year, gold rose by 28.07%. Over five years, gold more than doubled (+146.1%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a bullish momentum overall, trading at 65,121.30 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	65,121.30	4,341.42
Gold Gram Karat 24K	2,093.93	139.60
Gold Gram Karat 23K	2,020.64	134.71
Gold Gram Karat 22K	1,918.04	127.87
Gold Gram Karat 21K	1,832.19	122.15
Gold Gram Karat 18K	1,570.45	104.70
Gold Gram Karat 14K	1,224.95	81.66
Gold Gram Karat 12K	1,046.97	69.80
Gold Gram Karat 10K	873.17	58.21
Gold Gram Karat 9K	785.22	52.35
Gold Gram Karat 8K	697.28	46.49

Gold Price Forecast in Eritrea

Bullish (4,200 - 4,350 USD)

Date: Friday, 7 August 2026, 12:01 AM
The forecast: Bullish, The gold price in Eritrea is expected to rise in the next 30 days.
The forecasted price: 63000 - 65250 Nakfa.
The forecasted price in USD: 4,200 - 4,350 USD.
The analysis: Gold stands at an unprecedented $4248.55 per ounce, a clear signal of profound market concern over persistent inflationary pressures and elevated global uncertainties. Despite a strong US Dollar and robust Treasury yields, investors are prioritising gold as a critical hedge against eroding purchasing power and geopolitical instability. This extreme valuation reflects a powerful flight to safety, indicating that traditional financial assets are perceived as less secure compared to the tangible value of gold.
Key drivers: Persistent Global Inflationary Pressures, Elevated Geopolitical and Economic Uncertainty, Search for Negative Real Yield Hedges, Robust Demand Overriding US Dollar Strength.

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	65,118.04 ERN
Ask Price	65,124.56 ERN
High Price	65,576.85 ERN
Low Price	63,444.15 ERN
Open Price	63,777.15 ERN
Close Price	65,121.30 ERN
Change	1,344.15 ERN
Change %	2.11%
Previous Year
1 Month High	65,011.35 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	49,833.89 ERN

Gold Price Chart in Eritrea

Price of Gold Bullion in Eritrea in Nakfa

The price of gold bullion 1 Gram in Eritrea: 2,093.93 Nakfa
The price of gold bullion 5 Grams in Eritrea: 10,469.66 Nakfa
The price of gold bullion 10 Grams in Eritrea: 20,939.32 Nakfa
The price of gold bullion 20 Grams in Eritrea: 41,878.65 Nakfa
The price of gold bullion 1 Ounce (31.1 Grams) in Eritrea: 65,121.30 Nakfa
The price of gold bullion 50 Grams in Eritrea: 104,696.62 Nakfa
The price of gold bullion 100 Grams in Eritrea: 209,393.25 Nakfa
The price of gold bullion 10 Tolas (116.65 Grams) in Eritrea: 244,257.22 Nakfa
The price of gold bullion 250 Grams (1/4 Kilo) in Eritrea: 523,483.12 Nakfa
The price of gold bullion 500 Grams (1/2 Kilo) in Eritrea: 1,046,966.24 Nakfa
The price of gold bullion 1000 Grams (1 Kilo) in Eritrea: 2,093,932.48 Nakfa

Gold price in Eritrea in August 2026 in Nakfa


Date	Gold Ounce	Gold Gram 24K	Gold Gram 22K	Gold Gram 18K
7 August 2026	65,011.35	2,090.11	1,914.55	1,567.59
6 August 2026	63,829.79	2,052.13	1,879.75	1,539.10
5 August 2026	63,829.79	2,052.13	1,879.75	1,539.10
4 August 2026	61,224.49	1,968.37	1,803.02	1,476.28
3 August 2026	60,483.87	1,944.56	1,781.21	1,458.42
2 August 2026	60,728.74	1,952.43	1,788.43	1,464.32
1 August 2026	60,728.74	1,952.43	1,788.43	1,464.32
31 July 2026	60,728.74	1,952.43	1,788.43	1,464.32
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

Gold Performance in Nakfa

Period	Date	Rate ERN/Ounce	Change	Change %
1 Day	2026-08-07	65,121.30	+1,344.15	+2.11%
1 Week	2026-07-31	60,728.74	+4,392.56	+7.23%
30 Days	2026-07-08	60,975.61	+4,145.69	+6.80%
6 Months	2026-02-07	74,626.87	-9,505.57	-12.74%
1 Year	2025-08-07	50,847.46	+14,273.84	+28.07%
5 Years	2021-08-07	26,463.18	+38,658.12	+146.08%
10 Years	2016-08-07	19,975.37	+45,145.93	+226.01%

Period	Change	Change %
1 Day	+1,344.15	+2.11%
1 Week	+4,392.56	+7.23%
30 Days	+4,145.69	+6.80%
6 Months	-9,505.57	-12.74%
1 Year	+14,273.84	+28.07%
5 Years	+38,658.12	+146.08%
10 Years	+45,145.93	+226.01%

Metal

Karat

Weight

Unit

Currency

65,121.30