Nigeria's Gold Price in Penny Weights Today

Gold Units	Price in NGN	Price in AED
24K (1 Pennyweight)	7022693.96 NGN	15695.73 AED
23K (1 Pennyweight)	6730081.71 NGN	15041.74 AED
22K (1 Pennyweight)	6437469.46 NGN	14387.75 AED
21K (1 Pennyweight)	6144857.22 NGN	13733.76 AED
18K (1 Pennyweight)	5267020.47 NGN	11771.79 AED
14K (1 Pennyweight)	4096571.48 NGN	9155.84 AED
10K (1 Pennyweight)	2926122.48 NGN	6539.89 AED
9K (1 Pennyweight)	2633510.24 NGN	5885.90 AED

Last update: 22-Oct-2024 23:20:03 (GMT+0 Time).

Currency:
Weight:
Purity:

Related Information

Current 24K Gold Per Pennyweight = 7022693.96 NGN

Bid Price: 10920155.39, Ask: 10921586.37 NGN

Today Low: 7019974.56, High: 7026696.23 NGN

1 Pennyweight holds a weight of 1.55517 Oz

Today, 1 USD = 1643.4 NGN

Want to calculate the gold rate for a specific unit or weight? Use the tool below!

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Today's Gold Rate in NGN

Weights	24K	22K
1 Pennyweight	7022694	6437469.5
5 Pennyweight	35113469.8	32187347.3
10 Pennyweight	70226939.6	64374694.6
20 Pennyweight	140453879.2	128749389.3
40 Pennyweight	280907758.4	257498778.6
50 Pennyweight	351134698.1	321873473.2
100 Pennyweight	702269396.1	643746946.4

Yesterday's Gold Rate in NGN

Weights	24K	22K
1 Pennyweight	7018964.4	6434050.7
5 Pennyweight	35094821.9	32170253.4
10 Pennyweight	70189643.8	64340506.9
20 Pennyweight	140379287.7	128681013.7
40 Pennyweight	280758575.4	257362027.4
50 Pennyweight	350948219.2	321702534.3
100 Pennyweight	701896438.4	643405068.5

Last 30 Day's Gold Rate per Pennyweight in Nigeria

Date	24K/Pennyweight
2024-10-22	7018964.4 NGN
2024-10-21	6923788.7 NGN
2024-10-20	6919864.3 NGN
2024-10-19	6919864.3 NGN
2024-10-18	6914155.6 NGN
2024-10-17	6841783.8 NGN
2024-10-16	6797658.1 NGN
2024-10-15	6778121.6 NGN
2024-10-14	6740678.1 NGN
2024-10-13	6776010.1 NGN
2024-10-12	6708539.4 NGN
2024-10-11	6696727 NGN
2024-10-10	6626740 NGN
2024-10-09	6573660.3 NGN
2024-10-08	6595689.6 NGN
2024-10-07	6654936.7 NGN
2024-10-06	6708912.9 NGN
2024-10-05	6754276.1 NGN
2024-10-04	6745170.9 NGN
2024-10-03	6828114.1 NGN
2024-10-02	6901784.5 NGN
2024-10-01	6906968.3 NGN
2024-09-30	6825130.7 NGN
2024-09-29	6885444.7 NGN
2024-09-28	6885444.7 NGN
2024-09-27	6871601.6 NGN
2024-09-26	6883457.5 NGN
2024-09-25	6851637.2 NGN
2024-09-24	6726261.9 NGN
2024-09-23	6695182.9 NGN

Last 30 Day's Currency in Nigeria

Conversion of US Dollar to NGN.

Date	1 USD =
2024-10-22	1643.34 NGN
2024-10-21	1639.05 NGN
2024-10-20	1635 NGN
2024-10-19	1635 NGN
2024-10-18	1635 NGN
2024-10-17	1634.81 NGN
2024-10-16	1634.84 NGN
2024-10-15	1635 NGN
2024-10-14	1635.2 NGN
2024-10-13	1640 NGN
2024-10-12	1623.67 NGN
2024-10-11	1620.5 NGN
2024-10-10	1620.29 NGN
2024-10-09	1620.11 NGN
2024-10-08	1620.18 NGN
2024-10-07	1619.6 NGN
2024-10-06	1626.681 NGN
2024-10-05	1637.68 NGN
2024-10-04	1638.93 NGN
2024-10-03	1651.56 NGN
2024-10-02	1670.74 NGN
2024-10-01	1668.33 NGN
2024-09-30	1669.49 NGN
2024-09-29	1668.49 NGN
2024-09-28	1668.49 NGN
2024-09-27	1668.49 NGN
2024-09-26	1653.4 NGN
2024-09-25	1655.64 NGN
2024-09-24	1627.5 NGN
2024-09-23	1638.62 NGN

Gold Price per Pennyweight Trend in Nigeria (Last 30 Days)

Minimum Price: 6573660.3 NGN on 2024-10-09
Maximum Price: 7018964.4 NGN on 2024-10-22
Average Price: 6798552.3 NGN
Current Price: 7022694 NGN today (Tuesday 22-Oct-2024)
Moving Average: 6919418.2 NGN
Market Direction: Buy

In the past 30 days, the gold price trend in the Nigeria has shown some fluctuations. The highest gold price per Pennyweight peaked at 7018964.4 NGN on 2024-10-22, while the lowest dipped to 6573660.3 NGN on 2024-10-09. On average, the gold traded at 6798552.3 NGN with the current price slightly above the monthly average, standing at 7022694 NGN. The moving average, an essential indicator for market trends, is at 6919418.2 NGN. The ' Buy' market direction suggests that now might be a good time for investors to consider purchasing more gold. Various factors, including global economic shifts, local market demands, and geopolitical events, could have influenced these trends. It's important to note that the above is for informational purposes only and should not be considered as trading advice. Read our disclaimer.

Currently, the gold price per Penny Weight is presented in NIGERIAN NAIRA. This page specifically focuses on the Penny Weight unit of gold, which is the standard measurement for precious metals in the country. Gold items, such as coins, bars, and jewelry (including chains, bracelets, necklaces, bangles, and ornate dresses) are typically measured using this unit. The gold price in NGN is updated every minute for accuracy.

The gold price last update: 22-Oct-2024 23:20:03 (GMT+0 Time).

The currency (NGN rate) information was last updated on 2024-10-22 23:05:00 (GMT Time).