Bearish (3,950 - 4,080 USD)
More forecast info ⬇
Gold Ounce
4,049.96
H:4,107.01 | L:4,020.84
Gram 24
130.22
H:132.06 | L:129.29
Gram 22
119.37
H:121.05 | L:118.51
Gram 21
113.95
H:115.55 | L:113.13
Silver Ounce
57.73
H:59.14 | L:57.01
Silver Kg
1,856.14
H:1,901.70 | L:1,833.05

Gold Price Today in Nigeria

Gold price in Nigeria Ounce Gram
24K 23K 22K 21K 18K 14K 12K 10K 9K 8K

Friday, 31 July 2026, 5:55 PM

Live
5,508,326.84 Nigerian Naira/Ounce
177,116.62 Nigerian Naira/Gram 24K
162,238.82 Nigerian Naira/Gram 22K
132,837.46 Nigerian Naira/Gram 18K

Gold ounce price in Nigeria is 5,508,326.84 Nigerian Naira per ounce, Gold gram price is 177,116.62 Nigerian Naira per gram karat 24, 162,356.90 Nigerian Naira per gram karat 22, 154,977.04 Nigerian Naira per gram karat 21, 132,837.46 Nigerian Naira per gram karat 18.

Today, gold price decreased by -72,526.27 Nigerian Naira per Ounce (-1.3%) compared to yesterday. In the past year, gold rose by 9.00%. Over five years, gold more than doubled (+637.2%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a bullish momentum overall, trading at 5,505,336.63 Nigerian Naira per Ounce.
Safe-haven demand and inflation hedging continue to support higher prices.

See Also: Silver Price in Nigeria

Gold Price in Nigeria in Nigerian Naira

Gold Unit Nigerian Naira U.S. Dollar
Gold Ounce 5,508,326.84 4,052.66
Gold Gram Karat 24K 177,116.62 130.31
Gold Gram Karat 23K 170,917.54 125.75
Gold Gram Karat 22K 162,238.82 119.36
Gold Gram Karat 21K 154,977.04 114.02
Gold Gram Karat 18K 132,837.46 97.73
Gold Gram Karat 14K 103,613.22 76.23
Gold Gram Karat 12K 88,558.31 65.16
Gold Gram Karat 10K 73,857.63 54.34
Gold Gram Karat 9K 66,418.73 48.87
Gold Gram Karat 8K 58,979.83 43.39

Gold Price Forecast in Nigeria

Bearish (3,950 - 4,080 USD)
  • Date: Friday, 31 July 2026, 12:01 AM
  • The forecast: Bearish, The gold price in Nigeria is expected to fall in the next 30 days.
  • The forecasted price: 5368790 - 5545490 Nigerian Naira.
  • 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 Nigeria

Today
Bid Price 5,508,051.42 NGN
Ask Price 5,508,602.26 NGN
Open Price 5,580,853.11 NGN
Change -72,526.27 NGN
Change % -1.30%
Previous Year
1 Month High 5,707,035.26 NGN
1 Month Low 5,500,517.93 NGN
6 Months High 7,303,769.63 NGN
6 Months Low 5,444,603.17 NGN
1 Year High 7,423,743.32 NGN
1 Year Low 5,050,627.06 NGN

Gold Price Chart in Nigeria

Price of Gold Bullion in Nigeria in Nigerian Naira

  • The price of gold bullion 1 Gram in Nigeria: 177,116.62 Nigerian Naira
  • The price of gold bullion 5 Grams in Nigeria: 885,583.09 Nigerian Naira
  • The price of gold bullion 10 Grams in Nigeria: 1,771,166.19 Nigerian Naira
  • The price of gold bullion 20 Grams in Nigeria: 3,542,332.37 Nigerian Naira
  • The price of gold bullion 1 Ounce (31.1 Grams) in Nigeria: 5,508,326.84 Nigerian Naira
  • The price of gold bullion 50 Grams in Nigeria: 8,855,830.93 Nigerian Naira
  • The price of gold bullion 100 Grams in Nigeria: 17,711,661.87 Nigerian Naira
  • The price of gold bullion 10 Tolas (116.65 Grams) in Nigeria: 20,660,653.57 Nigerian Naira
  • The price of gold bullion 250 Grams (1/4 Kilo) in Nigeria: 44,279,154.66 Nigerian Naira
  • The price of gold bullion 500 Grams (1/2 Kilo) in Nigeria: 88,558,309.33 Nigerian Naira
  • The price of gold bullion 1000 Grams (1 Kilo) in Nigeria: 177,116,618.65 Nigerian Naira

Gold price in Nigeria in July 2026 in Nigerian Naira

Date Gold Ounce Gold Gram 24K Gold Gram 22K Gold Gram 18K
31 July 2026 5,506,274.47 177,026.72 162,156.48 132,770.04
30 July 2026 5,584,918.03 179,555.11 164,472.49 134,666.34
29 July 2026 5,527,975.71 177,724.42 162,795.57 133,293.31
28 July 2026 5,505,604.84 177,005.20 162,136.76 132,753.90
27 July 2026 5,570,734.69 179,099.12 164,054.79 134,324.34
26 July 2026 5,539,836.19 178,105.73 163,144.85 133,579.30
25 July 2026 5,539,836.19 178,105.73 163,144.85 133,579.30
24 July 2026 5,552,926.83 178,526.60 163,530.36 133,894.95
23 July 2026 5,540,809.72 178,137.03 163,173.52 133,602.77
22 July 2026 5,700,912.86 183,284.35 167,888.46 137,463.26
21 July 2026 5,603,658.54 180,157.62 165,024.38 135,118.22
20 July 2026 5,519,200.00 177,442.28 162,537.13 133,081.71
19 July 2026 5,535,529.22 177,967.26 163,018.01 133,475.45
18 July 2026 5,535,529.22 177,967.26 163,018.01 133,475.45
17 July 2026 5,541,726.91 178,166.52 163,200.53 133,624.89
16 July 2026 5,500,517.93 176,841.65 161,986.95 132,631.24
15 July 2026 5,610,609.76 180,381.10 165,229.09 135,285.83
14 July 2026 5,620,000.00 180,683.00 165,505.63 135,512.25
13 July 2026 5,525,800.00 177,654.47 162,731.49 133,240.85
12 July 2026 5,675,174.10 182,456.85 167,130.47 136,842.64
11 July 2026 5,675,174.10 182,456.85 167,130.47 136,842.64
10 July 2026 5,649,221.31 181,622.47 166,366.18 136,216.85
9 July 2026 5,692,727.27 183,021.18 167,647.40 137,265.89
8 July 2026 5,595,569.11 179,897.55 164,786.15 134,923.16
7 July 2026 5,686,058.09 182,806.77 167,451.00 137,105.08
6 July 2026 5,706,958.33 183,478.71 168,066.50 137,609.03
5 July 2026 5,707,035.26 183,481.18 168,068.76 137,610.89
4 July 2026 5,707,035.26 183,481.18 168,068.76 137,610.89
3 July 2026 5,703,583.33 183,370.20 167,967.11 137,527.65
2 July 2026 5,640,864.20 181,353.78 166,120.07 136,015.34

Gold Performance in Nigerian Naira

Period Date Rate NGN/Ounce Change Change %
1 Day 2026-07-31 5,508,326.84 -72,526.27 -1.30%
1 Week 2026-07-24 5,552,926.83 -47,590.20 -0.86%
30 Days 2026-07-01 5,591,463.41 -86,126.79 -1.54%
6 Months 2026-01-31 6,796,470.59 -1,291,133.96 -19.00%
1 Year 2025-07-31 5,050,627.06 +454,709.56 +9.00%
5 Years 2021-07-31 746,769.51 +4,758,567.12 +637.22%
10 Years 2016-07-31 429,729.73 +5,075,606.90 +1,181.12%
Gold Performance (NGN)
Period Change Change %
1 Day -72,526.27 -1.30%
1 Week -47,590.20 -0.86%
30 Days -86,126.79 -1.54%
6 Months -1,291,133.96 -19.00%
1 Year +454,709.56 +9.00%
5 Years +4,758,567.12 +637.22%
10 Years +5,075,606.90 +1,181.12%
Gold Calculator (NGN)
5,507,946.17

Gold Price Today

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