Gold Price Today in Eritrea

Saturday, 31 October 2026, 2:20 PM

Live

58,126.05 Nakfa/Ounce

1,869.00 Nakfa/Gram 24K

1,712.01 Nakfa/Gram 22K

1,401.75 Nakfa/Gram 18K

Gold ounce price in Eritrea is 58,126.05 Nakfa per ounce, Gold gram price is 1,869.00 Nakfa per gram karat 24, 1,713.25 Nakfa per gram karat 22, 1,635.38 Nakfa per gram karat 21, 1,401.75 Nakfa per gram karat 18.

Today, gold price decreased by -1,990.95 Nakfa per Ounce (-3.31%) compared to yesterday. In the past year, gold fell by 3.12%. Over five years, gold more than doubled (+117.8%). Over the decade, gold grew by 193.7%.

💬 Market Interpretation

gold shows a Bearish momentum overall, trading at 58,126.05 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	58,126.05	3,875.07
Gold Gram Karat 24K	1,869.00	124.60
Gold Gram Karat 23K	1,803.59	120.24
Gold Gram Karat 22K	1,712.01	114.13
Gold Gram Karat 21K	1,635.38	109.03
Gold Gram Karat 18K	1,401.75	93.45
Gold Gram Karat 14K	1,093.37	72.89
Gold Gram Karat 12K	934.50	62.30
Gold Gram Karat 10K	779.38	51.96
Gold Gram Karat 9K	700.88	46.73
Gold Gram Karat 8K	622.38	41.49

Gold Price Forecast in Eritrea

Bearish (3,450 - 3,650 USD)

Date: Saturday, 31 October 2026, 12:00 PM
The forecast: Bearish, The gold price in Eritrea is expected to fall in the next 30 days.
The forecasted price: 51750 - 54750 Nakfa.
The forecasted price in USD: 3,450 - 3,650 USD.
The analysis: Gold prices are experiencing significant downward pressure despite escalating global tensions. The primary drivers are high real interest rates, amplified expectations for aggressive Federal Reserve rate hikes fueled by inflation concerns stemming from geopolitical events, and a strong US Dollar. For retail investors, this means the opportunity cost of holding non-yielding gold is exceptionally high, making traditional interest-bearing assets more attractive and pushing local gold prices lower in real terms.
Key drivers: Sustained High Real Interest Rates, Strengthening US Dollar Index (DXY), Geopolitical-Driven Inflation Fears Fueling Higher Rate Hike Expectations.

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	58,123.14 ERN
Ask Price	58,128.96 ERN
High Price	60,280.65 ERN
Low Price	58,049.10 ERN
Open Price	60,117.00 ERN
Close Price	58,124.55 ERN
Change	-1,990.95 ERN
Change %	-3.31%
Previous Year
1 Month High	63,025.21 ERN
1 Month Low	58,126.05 ERN
6 Months High	70,754.72 ERN
6 Months Low	58,126.05 ERN
1 Year High	80,213.90 ERN
1 Year Low	58,126.05 ERN

Gold Price Chart in Eritrea

Price of Gold Bullion in Eritrea in Nakfa

The price of gold bullion 1 Gram in Eritrea: 1,869.00 Nakfa
The price of gold bullion 5 Grams in Eritrea: 9,345.02 Nakfa
The price of gold bullion 10 Grams in Eritrea: 18,690.05 Nakfa
The price of gold bullion 20 Grams in Eritrea: 37,380.10 Nakfa
The price of gold bullion 1 Ounce (31.1 Grams) in Eritrea: 58,126.05 Nakfa
The price of gold bullion 50 Grams in Eritrea: 93,450.24 Nakfa
The price of gold bullion 100 Grams in Eritrea: 186,900.48 Nakfa
The price of gold bullion 10 Tolas (116.65 Grams) in Eritrea: 218,019.41 Nakfa
The price of gold bullion 250 Grams (1/4 Kilo) in Eritrea: 467,251.21 Nakfa
The price of gold bullion 500 Grams (1/2 Kilo) in Eritrea: 934,502.41 Nakfa
The price of gold bullion 1000 Grams (1 Kilo) in Eritrea: 1,869,004.82 Nakfa

Gold price in Eritrea in October 2026 in Nakfa


Date	Gold Ounce	Gold Gram 24K	Gold Gram 22K	Gold Gram 18K
31 October 2026	58,126.05	1,868.75	1,711.78	1,401.56
30 October 2026	58,365.76	1,876.46	1,718.84	1,407.34
29 October 2026	60,000.00	1,929.00	1,766.96	1,446.75
28 October 2026	60,728.74	1,952.43	1,788.43	1,464.32
27 October 2026	60,728.74	1,952.43	1,788.43	1,464.32
26 October 2026	60,240.96	1,936.75	1,774.06	1,452.56
25 October 2026	60,000.00	1,929.00	1,766.96	1,446.75
24 October 2026	60,000.00	1,929.00	1,766.96	1,446.75
23 October 2026	60,000.00	1,929.00	1,766.96	1,446.75
22 October 2026	60,728.74	1,952.43	1,788.43	1,464.32
21 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
20 October 2026	61,983.47	1,992.77	1,825.38	1,494.58
19 October 2026	62,240.66	2,001.04	1,832.95	1,500.78
18 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
17 October 2026	62,500.00	2,009.38	1,840.59	1,507.03
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

Gold Performance in Nakfa

Period	Date	Rate ERN/Ounce	Change	Change %
1 Day	2026-10-30	58,126.05	-1,990.95	-3.31%
1 Week	2026-10-24	60,000.00	-1,873.95	-3.12%
30 Days	2026-10-01	62,500.00	-4,373.95	-7.00%
6 Months	2026-04-30	69,124.42	-10,998.37	-15.91%
1 Year	2025-10-31	60,000.00	-1,873.95	-3.12%
5 Years	2021-10-31	26,691.49	+31,434.56	+117.77%
10 Years	2016-10-31	19,793.01	+38,333.04	+193.67%

Period	Change	Change %
1 Day	-1,990.95	-3.31%
1 Week	-1,873.95	-3.12%
30 Days	-4,373.95	-7.00%
6 Months	-10,998.37	-15.91%
1 Year	-1,873.95	-3.12%
5 Years	+31,434.56	+117.77%
10 Years	+38,333.04	+193.67%

Metal

Karat

Weight

Unit

Currency

58,126.05