Opaindex
Gold & silver price in naira per gram
A gram of gold is about ₦179,394 ($4,020/oz) and a gram of silver about ₦2,633 ($59.00/oz) in Nigeria as of 30 June 2026 — the international bullion spot value at the naira reference rate.
Prices
| Metal | Price (₦/gram) | Spot (USD/oz) | Confidence |
|---|---|---|---|
| Gold (XAU) | ₦179,394 | $4,020 | medium |
| Silver (XAG) | ₦2,633 | $59.00 | medium |
Naira price per gram (bullion spot ÷ 31.1034768 g/oz × the USD/NGN reference rate) and the international spot per troy ounce. A Nigerian retail jeweller's shop price adds making and dealer premiums on top; this is the spot-derived reference, not a shop quote.
What the gold price implies for the naira
Gold's naira and dollar prices imply a reference rate of about ₦1,388.00 per US$1 — because a naira gold price is just the global dollar spot converted at the prevailing exchange rate. That is exactly why gold and silver are watched as a hedge against naira devaluation: when the naira weakens against the dollar, the naira price of the same gram of metal rises. See the naira exchange rate for the wider FX picture.
Naira price trend
| Date | ₦ per gram |
|---|---|
| ₦178,221 | |
| ₦178,445 | |
| ₦179,989 |
| Date | ₦ per gram |
|---|---|
| ₦2,585 | |
| ₦2,645 | |
| ₦2,653 |
/prices/gold-ngn-gram/history · Last updated
.
These are international spot-derived reference values at the USD/NGN reference window — not a Nigerian
retail jeweller's quote and not the parallel-market rate. See the
crypto in naira and the
naira exchange rate pages for the wider store-of-value picture.