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Gold $4,604.40 Silver $69.11 Platinum $1,887.00 Palladium $1,371.00 per troy ounce · live spot
Live · updated 5 minutes ago

🇳🇬Gold Rate in Funtua Today

The gold rate in Funtua today is ₦116,139 per gram for 14K, based on an international spot price of $4,604.40 per troy ounce. That is up ₦2,719 from the previous close. This is the international spot price converted into NGN for Funtua. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Nigeria's larger markets, with a population of around 136,811. The NGN has strengthened 0.209% against the US dollar since the previous session, which moves the local price independently of the metal itself.

14K Gold · per gram
₦116,139
NGN per gram · 1 g
▲ ₦2,719 (2.39%) vs previous close (COMEX futures)
Spot $4,604.40/oz · 1 USD = 1,344.92 NGN
Last 12 months · 14K per gram
▲ 37.03%
Aug 2025 Aug 2026
COMEX futures closes Low ₦85,099 High ₦134,148 255 sessions

Gold rate in Funtua — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) ₦199,095 ₦182,504 ₦174,208 ₦149,321 ₦116,139
1 Troy Ounce (31.1035 g) ₦6,192,550 ₦5,676,504 ₦5,418,481 ₦4,644,412 ₦3,612,321
1 Kilogram (1,000 g) ₦199,095,090 ₦182,503,833 ₦174,208,204 ₦149,321,318 ₦116,138,803

All figures in NGN (Naira). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.

Last 10 days · 14K per gram in Funtua

Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current NGN exchange rate.

Date14K / gramChange%
Fri, 21 Aug 2026 ₦116,636 +₦2,719 2.39%
Thu, 20 Aug 2026 ₦113,917 +₦678.50 0.60%
Wed, 19 Aug 2026 ₦113,238 +₦3,113 2.83%
Tue, 18 Aug 2026 ₦110,126 -₦1,307 -1.17%
Mon, 17 Aug 2026 ₦111,432 +₦943.36 0.85%
Fri, 14 Aug 2026 ₦110,489 +₦423.75 0.38%
Thu, 13 Aug 2026 ₦110,065 -₦1,143 -1.03%
Wed, 12 Aug 2026 ₦111,208 +₦653.28 0.59%
Tue, 11 Aug 2026 ₦110,554 +₦534.75 0.49%
Mon, 10 Aug 2026 ₦110,020

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Gold rate in Funtua — questions

What is the gold rate in Funtua today?

The gold rate in Funtua today is ₦116,139 per gram for 14K, and ₦199,095 per gram for 24K. These are live figures converted from international spot at the current NGN exchange rate.

What is the price of 1 gram of gold in Funtua?

One gram of 24K gold costs ₦199,095 in Funtua, and 22K costs ₦182,504 per gram. 18K works out at ₦149,321.

Why is 22K cheaper than 24K in Funtua?

22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ₦16,591 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

Is the gold rate in Funtua different from other cities?

The underlying metal price is identical everywhere in Nigeria — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.

How often does this rate update?

The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 5 minutes ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Funtua price above is that spot price converted into NGN at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the NGN moved.