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🇳🇪 Gold Price Today in Niger | FCFA2,787,346
Live gold price in West African CFA Franc (XOF) — updated every 5 minutes
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (XOF)
FCFA89,615.19
Per Troy Oz (XOF)
FCFA2,787,346
Per Kg (XOF)
FCFA89,615,190
USD/Gold Spot
$4,532.27/oz
USD/XOF Rate
1 USD = 615 XOF
XOF per gram
FCFA89,615.19
Gold Market in Niger
Niger is primarily known for uranium production, supplying a significant share of the world's uranium needs. Gold production is growing through both artisanal mining in the Tillabéri region and emerging commercial projects. As a WAEMU (West African Economic and Monetary Union) member, Niger uses the West African CFA franc, pegged to the euro. Gold demand increased following the 2023 coup as financial sanctions tightened.
Why do people in Niger buy gold?
With limited access to formal financial services and a predominantly rural population, physical gold serves as the primary savings instrument for many Nigeriens. Gold jewelry is central to wedding ceremonies and social status. Following the 2023 coup and international sanctions, gold's role as an unblockable, portable store of value became even more pronounced.
Frequently Asked Questions — Gold in Niger
What is the gold price in Niger in CFA francs?
Gold prices in Niger are quoted in West African CFA francs (XOF). The XOF is pegged to the euro at a fixed rate of 655.957, so local gold prices closely mirror euro-denominated gold prices converted to XOF.
Does Niger produce gold?
Yes. Niger has artisanal gold production mainly in the Tillabéri region near the border with Mali and Burkina Faso. Several exploration projects for commercial-scale gold mining are active, with the government actively seeking foreign investment in the sector.
How do international sanctions affect gold access in Niger?
Following the 2023 military coup, ECOWAS and Western countries imposed sanctions on Niger. Physical gold and CFA franc cash have become more important for cross-border trade, as international banking channels were disrupted. Gold's role as a sanctions-resistant asset increased its practical importance.