Gold Price Today in Eritrea

Saturday, 17 October 2026, 10:57 AM

Live

62,473.80 Nakfa/Ounce

2,008.80 Nakfa/Gram 24K

1,840.06 Nakfa/Gram 22K

1,506.60 Nakfa/Gram 18K

Gold ounce price in Eritrea is 62,473.80 Nakfa per ounce, Gold gram price is 2,008.80 Nakfa per gram karat 24, 1,841.40 Nakfa per gram karat 22, 1,757.70 Nakfa per gram karat 21, 1,506.60 Nakfa per gram karat 18.

Today, gold price increased by 141.15 Nakfa per Ounce (+0.23%) compared to yesterday. In the past year, gold fell by 1.29%. Over five years, gold more than doubled (+135.3%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a Bearish momentum overall, trading at 62,473.80 Nakfa per Ounce.
Recent declines may attract long-term investors looking for entry opportunities.

Gold Price in Eritrea in Nakfa

Gold Unit	Nakfa	U.S. Dollar
Gold Ounce	62,473.80	4,164.92
Gold Gram Karat 24K	2,008.80	133.92
Gold Gram Karat 23K	1,938.50	129.23
Gold Gram Karat 22K	1,840.06	122.67
Gold Gram Karat 21K	1,757.70	117.18
Gold Gram Karat 18K	1,506.60	100.44
Gold Gram Karat 14K	1,175.15	78.34
Gold Gram Karat 12K	1,004.40	66.96
Gold Gram Karat 10K	837.67	55.84
Gold Gram Karat 9K	753.30	50.22
Gold Gram Karat 8K	668.93	44.60

Gold Price Forecast in Eritrea

Bearish (4,050 - 4,120 USD)

Date: Saturday, 17 October 2026, 12:00 AM
The forecast: Bearish, The gold price in Eritrea is expected to fall in the next 30 days.
The forecasted price: 60750 - 61800 Nakfa.
The forecasted price in USD: 4,050 - 4,120 USD.
The analysis: Despite surging geopolitical tensions in the Middle East, gold's immediate upside appears capped. A hawkish Federal Reserve, signaling potential for higher interest rates, combined with a robust US Dollar, is creating significant bearish pressure on the yellow metal. While gold typically shines as a safe haven during crises, its current trajectory suggests these macroeconomic headwinds are momentarily overpowering its traditional appeal. Retail investors should recognize that local gold prices are primarily reacting to these global monetary and currency shifts, rather than solely to geopolitical instability, which introduces a complex risk-reward dynamic.
Key drivers: Aggressive Federal Reserve Monetary Policy, Sustained US Dollar Strength, Shifting Safe-Haven Dynamics Amidst Geopolitical Risk.

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	62,470.68 ERN
Ask Price	62,476.92 ERN
High Price	62,976.75 ERN
Low Price	62,207.85 ERN
Open Price	62,332.65 ERN
Close Price	62,467.05 ERN
Change	141.15 ERN
Change %	0.23%
Previous Year
1 Month High	65,789.47 ERN
1 Month Low	61,224.49 ERN
6 Months High	72,115.38 ERN
6 Months Low	59,523.81 ERN
1 Year High	80,213.90 ERN
1 Year Low	59,288.54 ERN

Gold Price Chart in Eritrea

Price of Gold Bullion in Eritrea in Nakfa

The price of gold bullion 1 Gram in Eritrea: 2,008.80 Nakfa
The price of gold bullion 5 Grams in Eritrea: 10,044.02 Nakfa
The price of gold bullion 10 Grams in Eritrea: 20,088.04 Nakfa
The price of gold bullion 20 Grams in Eritrea: 40,176.08 Nakfa
The price of gold bullion 1 Ounce (31.1 Grams) in Eritrea: 62,473.80 Nakfa
The price of gold bullion 50 Grams in Eritrea: 100,440.19 Nakfa
The price of gold bullion 100 Grams in Eritrea: 200,880.39 Nakfa
The price of gold bullion 10 Tolas (116.65 Grams) in Eritrea: 234,326.97 Nakfa
The price of gold bullion 250 Grams (1/4 Kilo) in Eritrea: 502,200.96 Nakfa
The price of gold bullion 500 Grams (1/2 Kilo) in Eritrea: 1,004,401.93 Nakfa
The price of gold bullion 1000 Grams (1 Kilo) in Eritrea: 2,008,803.86 Nakfa

Gold price in Eritrea in October 2026 in Nakfa


Date	Gold Ounce	Gold Gram 24K	Gold Gram 22K	Gold Gram 18K
17 October 2026	62,473.80	2,008.53	1,839.82	1,506.40
16 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
15 October 2026	62,240.66	2,001.04	1,832.95	1,500.78
14 October 2026	61,224.49	1,968.37	1,803.02	1,476.28
13 October 2026	62,240.66	2,001.04	1,832.95	1,500.78
12 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
11 October 2026	63,025.21	2,026.26	1,856.05	1,519.70
10 October 2026	63,025.21	2,026.26	1,856.05	1,519.70
9 October 2026	63,025.21	2,026.26	1,856.05	1,519.70
8 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
7 October 2026	61,728.40	1,984.57	1,817.86	1,488.43
6 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
5 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
4 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
3 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
2 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
1 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
30 September 2026	62,240.66	2,001.04	1,832.95	1,500.78
29 September 2026	62,240.66	2,001.04	1,832.95	1,500.78
28 September 2026	61,983.47	1,992.77	1,825.38	1,494.58
27 September 2026	64,377.68	2,069.74	1,895.88	1,552.31
26 September 2026	64,377.68	2,069.74	1,895.88	1,552.31
25 September 2026	64,377.68	2,069.74	1,895.88	1,552.31
24 September 2026	64,102.56	2,060.90	1,887.78	1,545.67
23 September 2026	64,377.68	2,069.74	1,895.88	1,552.31
22 September 2026	65,217.39	2,096.74	1,920.61	1,572.55
21 September 2026	65,217.39	2,096.74	1,920.61	1,572.55
20 September 2026	65,789.47	2,115.13	1,937.46	1,586.35
19 September 2026	65,789.47	2,115.13	1,937.46	1,586.35
18 September 2026	65,789.47	2,115.13	1,937.46	1,586.35

Gold Performance in Nakfa

Period	Date	Rate ERN/Ounce	Change	Change %
1 Day	2026-10-16	62,473.80	+141.15	+0.23%
1 Week	2026-10-10	63,025.21	-551.41	-0.87%
30 Days	2026-09-17	65,502.18	-3,028.38	-4.62%
6 Months	2026-04-17	72,815.53	-10,341.73	-14.20%
1 Year	2025-10-17	63,291.14	-817.34	-1.29%
5 Years	2021-10-17	26,549.77	+35,924.03	+135.31%
10 Years	2016-10-17	19,273.18	+43,200.62	+224.15%

Period	Change	Change %
1 Day	+141.15	+0.23%
1 Week	-551.41	-0.87%
30 Days	-3,028.38	-4.62%
6 Months	-10,341.73	-14.20%
1 Year	-817.34	-1.29%
5 Years	+35,924.03	+135.31%
10 Years	+43,200.62	+224.15%

Metal

Karat

Weight

Unit

Currency

62,473.80