Lagos market reference

Gold price today in Lagos

Live NGN gold value for Lagos, with purity comparisons and a calculator for local buying and selling research.

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24K per gram₦178,421.36NGN reference spot value
USD/oz day range 4163–4191
Nigeria gold rates
About the Lagos rate

Lagos is Nigeria's largest gold retail market; exchange rates and dealer premiums can move local quotes.

Calculated spot value

Gold rate in Lagos by karat

Gold price per gram in NGN
PurityGold contentPrice per gram
24K gold100.0%₦178,421.36
22K gold91.7%₦163,552.91
18K gold75.0%₦133,816.02

The benchmark and currency conversion are the same across Nigeria. A dealer's final quote in Lagos can differ because of local premiums, stock, taxes and workmanship.

Gold value calculator

Estimate melt value by weight and purity.

Estimated gold value₦178,421.36Excludes taxes, making charges and dealer fees unless added above.

Before buying or selling gold in Lagos

Compare like with like: the same karat, net gold weight and product type. Ask whether a quote includes tax and making charges, and whether a buy-back deduction applies. For used jewellery, confirm how stones and non-gold parts are removed from the payable weight.

Use this page as an independent metal-value reference. It does not represent a mandatory rate for shops in Lagos and it is not a personalised financial recommendation.