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๐น๐ฉ Gold Price Today in Chad | FCFA2,787,346
Live gold price in Central African CFA Franc (XAF) โ updated every 5 minutes
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (XAF)
FCFA89,615.19
Per Troy Oz (XAF)
FCFA2,787,346
Per Kg (XAF)
FCFA89,615,190
USD/Gold Spot
$4,532.27/oz
USD/XAF Rate
1 USD = 615 XAF
XAF per gram
FCFA89,615.19
Gold Market in Chad
Chad is one of Africa's poorest nations with a gold artisanal mining sector primarily in the south and southeast. As a member of the CEMAC (Central African Economic and Monetary Community), Chad uses the CFA franc, which is pegged to the euro, providing relative currency stability. Gold is increasingly important as oil revenues have declined due to pipeline issues and price volatility.
Why do people in Chad buy gold?
The CFA franc's euro peg provides moderate currency stability, but gold remains a preferred savings vehicle among Chadians without bank access โ a majority of the population. Gold jewelry is traded at markets throughout N'Djamena and is used in bridewealth (dowry) transactions. Limited financial infrastructure makes physical gold one of the most practical savings instruments.
Frequently Asked Questions โ Gold in Chad
What is the gold price in Chad in CFA francs?
Gold prices in Chad are quoted in Central African CFA francs (XAF), pegged at a fixed rate to the euro. The local price reflects the international USD spot price converted first to euros, then to XAF at the fixed rate of approximately 655.957 XAF per euro.
How does the CFA franc peg affect gold pricing in Chad?
Because the XAF is fixed to the euro, gold price movements in Chad closely track euro-denominated gold prices. When the USD weakens against the euro, XAF gold prices fall in local terms, and vice versa. This provides more stability than freely floating currencies.
Where can I buy gold in Chad?
Physical gold jewelry and small bullion items are available from local traders and markets in N'Djamena and other cities. International investment-grade gold is not widely accessible. Artisanal gold from local miners is sometimes available directly in producing regions.