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Gold Rate / Nigeria / Ibadan

Gold Rate in Ibadan Today — 24K 22K 18K Price per Gram & Ounce in NGN

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Live gold rates for Ibadan by karat purity. Prices are market references only — final cost varies by jeweler premium, making charges, taxes, and local spread.

Updated:
Currency: NGN

Ibadan gold rate today reflects one of southwest Nigeria's largest regional retail markets, with steady household-jewelry demand and practical retail buying supporting local price visibility. Quotes typically follow Lagos with a somewhat wider spread. Latest local-time refresh: the current 24K rate is ₦201,720 per gram and ₦6,274,182 per troy ounce. 22K is ₦184,910 per gram and 18K is ₦151,290 per gram.

Gold Price Today in Ibadan

If you are searching for today gold rate in Ibadan, Nigeria, this page gives live 24K, 22K and 18K references in NGN with gram, troy ounce, tola and 10 gram breakdowns.

24 Karat

(999.9 pure)

₦201,720

per gram

Per gram₦201,720
Per troy ounce₦6,274,182

22 Karat

(916 fineness)

₦184,910

per gram

Per gram₦184,910
Per troy ounce₦5,751,334

21 Karat

(875 fineness)

₦176,505

per gram

Per gram₦176,505
Per troy ounce₦5,489,910

18 Karat

(750 fineness)

₦151,290

per gram

Per gram₦151,290
Per troy ounce₦4,705,637

PURITY COMPARISON

24K
99.9%
22K
91.6%
21K
87.5%
18K
75.0%

Gold Price Per Gram, Troy Ounce & Tola in Ibadan, Nigeria

24 Karat

(999.9 pure)

₦201,719.65

per gram

Per gram₦201,720
Per 10g₦2,017,197

24 Karat

(999.9 pure)

₦6,274,182.45

per troy ounce

Per gram₦201,720
Per 10g₦2,017,197

24 Karat

(999.9 pure)

₦2,352,818.42

per tola

Per gram₦201,720
Per 10g₦2,017,197

24 Karat

(999.9 pure)

₦2,017,196.50

per 10 gram

Per gram₦201,720
Per 10g₦2,017,197

How much is my Gold worth?

Enter quantity, weight unit, and purity to estimate current value.

Estimated Value

₦184,909.68

₦184,909.68 per gram (22k)

Weight in grams: 1.000

City vs Nigeria National Rate

Compare today's city benchmark with Nigeria-wide reference to understand local retail spread before purchase.

Ibadan 24K / gram₦201,720
Nigeria national 24K / gram₦201,498
Difference+₦222 higher in Ibadan

Ibadan Gold Market Snapshot

Local reference market: Ibadan Dugbe and Ring Road jewelry market.

This benchmark reflects local demand, inventory spread, and dealer quote behavior on top of international spot and USD/NGN movement.

Nigeria context: Lagos usually anchors the domestic benchmark, while USD/NGN remains the key local FX driver. With 1 USD near 1370.6181 NGN, local rates can move from both international spot and naira pressure, while final jewelry checkout adds workmanship, VAT, and margin layers.

Ibadan Gold Price Chart (per gram)

Trend view for Ibadan, Nigeria. This chart uses the same local reference series shown in the table below.

Gold Rate Changes for Last 10 days in Ibadan

This 10-day table shows the short-term direction for 18K, 22K and 24K rates in Ibadan.

Date18k22k24kChange
25 May 2026₦151,289.74₦184,909.68₦201,719.65+1.14%
22 May 2026₦149,582.49₦182,823.04₦199,443.32-0.41%
21 May 2026₦150,204.50₦183,583.28₦200,272.67+0.19%
20 May 2026₦149,923.27₦183,239.55₦199,897.69+0.55%
19 May 2026₦149,096.12₦182,228.59₦198,794.82-1.01%
18 May 2026₦150,624.70₦184,096.86₦200,832.94-0.07%
15 May 2026₦150,733.88₦184,230.30₦200,978.51-2.61%
14 May 2026₦154,780.33₦189,175.95₦206,373.77-0.42%
13 May 2026₦155,428.82₦189,968.56₦207,238.42+0.43%
12 May 2026₦154,763.78₦189,155.74₦206,351.71-0.87%

Daily Gold Rates in Ibadan (Last 30 Days)

Review the broader 30-day trend to understand how today gold rate in Ibadan compares with recent market movement.

Date18k22k24kChange
25 May 2026₦151,289.74₦184,909.68₦201,719.65+1.14%
22 May 2026₦149,582.49₦182,823.04₦199,443.32-0.41%
21 May 2026₦150,204.50₦183,583.28₦200,272.67+0.19%
20 May 2026₦149,923.27₦183,239.55₦199,897.69+0.55%
19 May 2026₦149,096.12₦182,228.59₦198,794.82-1.01%
18 May 2026₦150,624.70₦184,096.86₦200,832.94-0.07%
15 May 2026₦150,733.88₦184,230.30₦200,978.51-2.61%
14 May 2026₦154,780.33₦189,175.95₦206,373.77-0.42%
13 May 2026₦155,428.82₦189,968.56₦207,238.42+0.43%
12 May 2026₦154,763.78₦189,155.74₦206,351.71-0.87%
11 May 2026₦156,123.63₦190,817.77₦208,164.84-0.04%
08 May 2026₦156,179.86₦190,886.50₦208,239.82+0.44%
07 May 2026₦155,498.29₦190,053.46₦207,331.05+0.38%
06 May 2026₦154,906.05₦189,329.61₦206,541.40+2.77%
05 May 2026₦150,733.88₦184,230.30₦200,978.51+0.80%
04 May 2026₦149,532.86₦182,762.38₦199,377.15-2.38%
01 May 2026₦153,185.57₦187,226.80₦204,247.42+0.33%
30 Apr 2026₦152,682.67₦186,612.15₦203,576.89+1.53%
29 Apr 2026₦150,383.18₦183,801.66₦200,510.91-1.01%
28 Apr 2026₦151,915.06₦185,673.97₦202,553.42-1.79%
27 Apr 2026₦154,690.99₦189,066.76₦206,254.650.00%

Why Gold Prices Change

Gold prices in Ibadan follow international XAU spot and then convert into NGN, so Nigerian city pricing can move from either spot volatility or USD/NGN shifts. Domestic FX pressure, CBN reserve context, and confidence in formal versus informal gold supply can therefore move local prices even when dollar gold direction is stable.

Nigeria checkout can diverge from spot because jewelry invoices include workmanship, VAT, and retail margin, while many investors compare bullion-style dealer references with family-jewelry quotes before buying. Lagos usually sets the tightest domestic benchmark spread, while lower-volume city markets can quote a slightly wider retail premium.

For wider context, compare Nigeria national gold rate, review historical gold prices, and monitor USD to NGN exchange rate.

FAQs

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Disclaimer: Prices may be delayed and rates can vary by dealer, market, tax, and spread. Data is for informational use only and not financial advice.