Question 1

What is the 14K gold price today in Nigeria?

Accepted Answer

The 14K gold price in Nigeria is ₦130,594.78 per gram and ₦4,061,955 per troy ounce. This is calculated from the 24K spot price of 4,325.31 USD/oz, multiplied by 14K's purity factor of 0.5833 and the USD/NGN rate of 1610.

Question 2

What is 14K gold purity?

Accepted Answer

14K gold is 58.33% pure gold (purity factor 0.5833). This means that for every 24 parts, 14 parts are pure gold and 10 parts are alloying metals.

Question 3

How is 14K gold price different from 24K gold price in Nigeria?

Accepted Answer

The 24K gold price in Nigeria is ₦223,889.57 per gram. The 14K gold price is 58.33% of this: ₦130,594.78 per gram.

Question 4

Where can I buy 14K gold in Nigeria?

Accepted Answer

14K gold is available from authorised jewellers, bullion dealers, and banks in Nigeria. Always verify the hallmark and purity certificate. For investment gold, look for BIS-hallmarked products (in India), LBMA-certified bars, or coins from recognised government mints.

Weight	NGN	USD
1 Gram	₦130,594.78	$81.11
2 Grams	₦261,189.57	$162.23
5 Grams	₦652,973.92	$405.57
8 Grams	₦1,044,758.27	$648.92
10 Grams	₦1,305,947.84	$811.15
1 Tola (11.66g)	₦1,523,231.44	$946.11
1 Troy Ounce (31.1g)	₦4,061,954.85	$2,522.95
50 Grams	₦6,529,739.18	$4,055.74
100 Grams	₦13,059,478.35	$8,111.48
1 Kilogram	₦130,594,783.55	$81,114.77

🇳🇬 14K Gold Price Today in Nigeria | ₦130,594.78/g

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